University of Miami School of Law CourseLink Course Description - Online System
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Fall 2020
LAW123  DL  FINANCIAL ACCOUNTING FOR LAWYERS

Course Description
The course focuses on the analysis and use of financial accounting information in the evaluation of corporate performance. The course initially demonstrates the accounting process and resulting generation of financial statements. Building on these core accounting concepts, the course emphasizes the understanding of financial statements prepared under U.S. and International Accounting Standards and the analysis of these financial statements including common size analysis, ratio analysis, the impact of taxes, and credit analysis. Completion of the course will enhance the student's ability to read, interpret and analyze financial statements for making investment, credit, acquisition and other evaluation decisions. LEARNING OBJECTIVES Upon completion of this course you should be able to: Comprehend financial accounting's role in business and understand the differences between financial and management accounting. Read and understand company financial statements including the income statement, the balance sheet, the statement of changes in shareholders equity and the statement of cash flows. Use common size analysis and ratio analysis to evaluate a company on the following dimensions: Efficiency, Liquidity, Solvency, Profitability, Cash flow. Understand how creditors and investors evaluate a company, including an assessment of credit and investment worthiness.

This course is a distance learning course and physical presence at the Law School is not required. This online course is taught in a primarily asynchronous manner, meaning that students will have a designated amount of time each week to watch videos, review material, and complete class assignments, but will not have a regular live classroom experience except for the following. All students will be required to meet online at a few key points during the course as a class to allow for introductions/expectations, prepare for and/or review quizzes or exams, participate in class discussion and to facilitate the group project. These sessions, an estimated 5 to 6 real time sessions during the semester, will be set forth in the syllabus and are planned for either Monday or Wednesday from 11am to 12:20pm. Although this course generally offers a great deal of flexibility in that students may log in and participate at any time during the week, the course is not self-paced. Students are expected to participate regularly and continually throughout each learning module in the course, and must participate in weekly interactive exercises (graded discussion boards and homework assignments) with classmates and the professors.


Course Schedule
None

Course Frequency
This course is usually offered once every academic year

Course Information

Credits: 3
Pass/Fail Option: Yes
Prerequisite: This course is intended to be an introduction to financial accounting for students who do not have a degree in accounting or who did not pursue accounting training previously. Students who have taken accounting courses beyond the introductory level (ex. 300(0) level accounting course such as Intermediate Accounting) are only allowed to take this course as an upper-level student on a Pass/Fail grading basis. Be sure to check with the Law Registrar’s office, or either Professor with a copy of your transcripts, in advance if you think this may apply to you to confirm the grading basis.
Grading: Graded
Method of Evaluation: Exam
Graduation Requirements Fulfilled By Course:
General
Special Attributes:
Distance Learning
Course Delivery:
Online (all asynchronous)
Special Restrictions: Students who have taken accounting courses beyond the introductory level (ex. 300(0) level accounting course such as Intermediate Accounting) are only allowed to take this course as an upper-level student on a Pass/Fail grading basis.
Law Track(s):
Business & Taxation - Basic
Bar Subject(s):
NEW YORK SKILLS
Concentration(s):
The Business of Innovation, Law and Technology: BILT (Concentration)   More information
Course Book(s):
Textbook Required:
Yes  
  • Textbook Name: www.wileyplus.com/go/login
    Textbook Type: E-book
    Requirement: Required
    Author:
    Publisher: Wiley
      

Additional Materials:
The course will be using an e-book that is on Wiley's website. Students need to purchase the course through Wiley. www.wileyplus.com/go/login Create New Account, Course ID A56577  
First Class Assignment(s):
  • Assignment: Assignment: 1. Purchase WileyPlus Course. See attached flyer or Visit www.wileyplus.com/go/login, then click on “Create Account”. After you create your account, the Course Section ID is A56577. 2. Review the attached syllabus making note of dates on the schedule where we will meet in person. Add to your schedule our first class meeting on Monday, August 17th at 11 am EST. This meeting will be from 11 am to 12:15 pm. It will be a virtual meeting. To attend the class meeting you will log into Blackboard (www.courses.miami.edu) and then click on “Zoom meetings” from the left hand-side menu bar. You will then see the option to join the class meeting. 3. Read Chapters #1 and 2. Feel free to watch the lecture videos posted in Blackboard in the Chapter #1 and 2 folder under Week of August 17th. 4. Go to the Discussion Board in Blackboard and post a response in the “Introduction” threaded discussion. Material: Purchase WileyPlus Course. See attached flyer or Visit www.wileyplus.com/go/login, then click on “Create Account” to create an Account. After you create your account, the Course Section ID is A56577. First Class Meeting Date/Time: 08-17-2020 11:00 AM Room: DL - Zoom

    Material:
    Material:
    Purchase WileyPlus Course. See attached flyer or Visit www.wileyplus.com/go/login, then click on “Create Account” to create an Account. After you create your account, the Course Section ID is A56577.
      

    Fall 2020 intro email.pdf
    LAW 123 - Fall 2020 - SYLLABUS.pdf
    textbook courseflyer LAW 123-Fall 2020.pdf

 
Professor(s)

BOND, JAMES


Biography
Contact Information:
Email: jbond@law.miami.edu
Phone: 305-284-3487

PEREZ, MARIO


Biography
Contact Information:
Email: mperez@bus.miami.edu