About
As a law student, you need a working theoretical and practical knowledge of the general principles of financial accounting. In this course you will gain a basic knowledge and understanding of transactions essential to complete adequate accounting records encountered in transactional practice. You will gain an understanding of how to gather, process and record the relevant information to account for income and expenses. This includes the recording of assets and liabilities as well as how to analyse financial statements. This course will also provide you with a working knowledge of the concept of trust money, including the applicable legislation, rules and accounting treatment of trust money. This knowledge will help you manage a successful practice in future.