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Finance and Accounting for Lawyers, Second Edition.

EBSCOhost Academic eBook Collection (North America) Available online

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EBSCOhost Ebook Business Collection Available online

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Format:
Book
Author/Creator:
Brinig, Brian P.
Language:
English
Subjects (All):
Accounting.
Finance.
Physical Description:
1 online resource (320 pages)
Edition:
1st ed.
Place of Publication:
Portland : Business Valuation Resources, LLC, 2020.
Summary:
This book, 'Finance and Accounting for Lawyers' by Brian Peter Brinig, serves as a comprehensive guide for legal professionals to understand the principles of finance and accounting. It covers a wide array of topics, including the history of accounting, double entry accounting systems, accrual accounting, fixed assets and depreciation, inventory accounting, financial statement analysis, and the valuation of businesses. The book also delves into complex subjects such as personal and commercial damages, economic losses, and the role of expert testimony in litigation. The author's goal is to equip lawyers with the financial literacy necessary to navigate legal cases involving financial matters. The intended audience is primarily lawyers, law students, and legal professionals who need a solid foundation in financial and accounting principles. Generated by AI.
Contents:
Finance and Accounting for Lawyers, Second Edition
Glossary/Index
About the Author
Chapter 1. Accounting, Finance, and the Law
Introduction
A Quick History of Accounting
Introduction to Finance
Finance, Accounting, and the Law
Chapter 2. Accounting: An Introduction
Overview
The Accounting Process
Generally Accepted Accounting Principles
Limitations of Accounting Information
Conclusion
Chapter 3. Double Entry Accounting System
The Transaction
The Account
Debits and Credits
Double Entry Accounting System
Recording a Transaction
Posting to the General Ledger
Preparing the Trial Balance
Finalizing the Bookkeeping Process and Preparing Financial Statements
Preparing Financial Statements
Closing the Books
Further Discussion
Proprietorships Versus Corporations
The Relationship Between the Balance Sheet and the Income Statement Generated by AI.
Notes:
Description based on publisher supplied metadata and other sources.
Part of the metadata in this record was created by AI, based on the text of the resource.
ISBN:
9781621502005
1621502007
OCLC:
1257077973

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