Business Law for Accounting

Recent accounting scandals and the turbulent economic environment have created situations which challenge our legal and accounting systems. Students will gain an understanding of government regulation of business, the legality of agreements and contracts as related to accounting issues, and an introduction to various forms of business entities. Topics include an overview of laws pertaining to: sole proprietorships, partnerships, LLCs, corporations and their actual formation (as an in-class project, bankruptcy, real and personal property, professional ethics, and the Sarbanes-Oxley Act. This course is appropriate for candidates preparing for the business law segment of the California CPA exam.