Pc Law Accounting

This is an introductory financial accounting course that teaches the basic principles of financial law office accounting and incorporates the use of PCLaw - a time, billing and accounting software design for used by business in the legal industry. Accounting topics include: working with debits and credits in double-entry accounting, and preparing and understanding financial statements. PCLaw is used to apply the principles of accounting to complete the accounting cycle of several types of client matters in a legal practice. Particular emphasis is given to time entries, billing, disbursements, trust funds and matter management. This course also interprets the Law Society By-Laws and Rules of Professional Conduct as they apply to financial management of a law practice.