Accounting has been defined as "the language of business" because it is the basic tool keeping score of a business's activity. It is with accounting numbers that an organization records, reports, and evaluates economic events and transactions that affect the company. So, it is not surprising that accounting related issues are at the heart of many business disputes, negotiations, mediations or arbitrations. Accounting information is also centrally involved in the contractual making of mergers and acquisitions where lawyers are facing a strong competition from accounting firms. Thus, in today's world of increased global finance and sophisticated market instruments, understanding and analyzing the production of accounting information has become of paramount importance for any students interested in the practice of business law and taxation. The objective of this course is therefore to equip law students with a relevant and applied understanding of the key principles, regulations and legal implications underlying the production, analysis and auditing of accounting information.
Accounting has been defined as "the language of business" because it is the basic tool keeping score of a business's activity. It is with accounting numbers that an organization records, reports, and evaluates economic events and transactions that affect the company. So, it is not surprising that accounting related issues are at the heart of many business disputes, negotiations, mediations or arbitrations. Accounting information is also centrally involved in the contractual making of mergers and acquisitions where lawyers are facing a strong competition from accounting firms. Thus, in today's world of increased global finance and sophisticated market instruments, understanding and analyzing the production of accounting information has become of paramount importance for any students interested in the practice of business law and taxation. The objective of this course is therefore to equip law students with a relevant and applied understanding of the key principles, regulations and legal implications underlying the production, analysis and auditing of accounting information.
