Financial Concepts (Compressed) (LAW-795FN-001)
This course meets on Thursday, from 7:30pm-9:20pm from August 25 until October 6.
This course is an introduction to basic concepts in accounting, finance, economics, and related ethical issues that are essential knowledge for any lawyer, businessperson, or public administrator. The skills you learn in this class will benefit you in more advanced business law classes such as business associations, federal income taxation, health law, securities regulation, bankruptcy and commercial law, secured transactions, corporate finance, M&A, anti-trust, and in classes that draw on knowledge of valuation and finance (such as family law) or on statistical knowledge (such as the law of employment discrimination). The objective of the course is to deepen students’ comprehension of and appreciation for the financial tools necessary to make sound financial decisions. Understanding the critical underlying factors which affect a decision is necessary to adapting decisions to a changing environment. While the focus of the course will primarily be corporate decision making, the concepts and techniques covered can be applied to all financial decisions. For each of the following, the underlying intuition and fundamental analysis are the same: capital budgeting, capital structure alteration, working capital management, stock valuations, IPO valuations, corporate treasury decisions, advising on mergers and acquisitions and making personal investment decisions.
Textbooks and Other Materials
The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check to determine if books are currently available for purchase online.
The text for this course is Bowers, Accounting for Corporate Finance for Lawyers, Aspen Publishing 2019, hard or soft copy. The below information is from the Aspen Publishing rep: Either can be ordered from the Aspen website. https://www.aspenpublishing.com/Bowers-Accounting To purchase digital only, you will need to choose Connected Ebook from the drop-down box.
Accounting and Corporate Finance For Lawyers (hard copy)
Stacey L. Bowers
Accounting and Corporate Finance For Lawyers (digital only)
Stacey L. Bowers
Most assignments are from Bowers, Accounting and Corporate Finance for Lawyers. We will be paying substantial attention to the problems in the book, as assigned in the Syllabus. Be prepared to discuss them in class.
First Class Readings
Read pp. 1-10, and handouts- Excerpts of Worldcom case and Lehman Brothers Bank Examiner’s Report (see Canvas)
Use your MyAU username and password to access the syllabus in the following format(s):