Introductory Accounting, Finance and Auditing for Lawyers, Fourth Edition, continues to be packed with incisive substance on accounting and finance, and also emphasizes the role of auditing in the financial reporting process, an element given substantial new weight under the Sarbanes-Oxley Act. The Fourth Edition reflects the significant developments in the world of accounting, finance and auditing, including those generated by the major scandals such as Enron and the responses generated by Sarbanes-Oxley, from the Act itself, to the Public Company Accounting Oversight Board (PCAOB) to the SEC. The book retains the same basic architecture, narrative style, problems, and pitch to law students as in previous editions, and adds substantial new material. Additions include three entirely new Chapters, several new Sections added to existing Chapters, new Tables, and enhanced technical formatting. New Chapters include Audit Practice, an introduction to the key features of a financial audit including an Illustration and Problem concerning the leading statistical sampling techniques auditors apply in tests of internal control over financial reporting. Another new Chapter is Finance Theory, a rigorous but still introductory account of modern portfolio theory, CAPM and efficient market theory with critiques from behavioral finance inspired in part by the Enron-style accounting scandals. Previous users of the book will find all the familiar Illustrations and Problems, along with a solid dose of new materials geared toward the increasing reliance being placed on auditing, audit committees, and corporate governance in the era ushered in by Sarbanes-Oxley and PCAOB.

This book is a spinoff of the authors' Accounting, Finance and Auditing for Lawyers and presents accounting fundamentals for law professionals in an accessible style and reliable format. It is designed for use in 1-credit classes or as a supplement. It includes all tables, formulas and problems included in the bigger book. The book may have applicability to corporation and business law classes benefiting from supplemental material on accounting.

This book is a spinoff of author's Accounting, Finance and Auditing for Lawyers and focuses on elementary accounting for law professionals. It is intended for use in 1-credit classes or as a supplement. It includes all tables, formulas and problems included in the bigger book. The book may have applicability to corporation and business law classes wanting supplemental material on accounting.

Many lawyers, especially those dealing with commercial matters, need to understand accounting yet feel on shaky ground in the area. This book is written specifically for them. It breaks down and makes clear basic concepts (such as the difference between profit and cash flow), the accounting profession and the legal and regulatory framework within which accounting operates. The relevant provisions of the Companies Act 1985 are discussed at some length. Holgate explains generally accepted accounting principles in the UK (GAAP), the trend towards global harmonisation and the role of international accounting standards. He then deals with specific areas such as group accounts, acquisitions, tax, leases, pensions, financial instruments, and realised profits, focusing in each case on those aspects that are likely to confront lawyers in their work. This book will appeal to the general practitioner as well as to lawyers working in corporate, commercial, and tax law.

Accounting and Corporate Finance for Lawyers introduces soon-to-be lawyers to fundamental accounting, financial statement, financial analysis, and corporate finance concepts to utilize in practice. Accounting and Corporate Finance for Lawyers is designed to teach law students how to read and understand financial statements and footnotes, assess a company’s financial position, determine whether a company can issue a dividend, assess whether a contingency has to be disclosed, apply time value of money concepts, and evaluate financial provisions and covenants in contracts. The goal of this book is to prepare law students to be successful in the practice of law by providing the critical foundation of understanding accounting and corporate finance concepts and principles, or the language of business people. New to the Second Edition: Updates of information, statistics, concepts, and examples to bring current New section discussing interactions between accountants and attorneys Addition of a Present Value of an Annuity Due table Clarifications and minor corrections throughout Professors and students will benefit from: A reader-friendly organization and style Detailed explanations of concepts and principles through examples Discussion of how various principles are applied in practice Real-world illustrations Examples and exhibits that supplement the substance Exercises and problems designed to build a student’s knowledge base