This course is designed to introduce students to certain bookkeeping and accounting principles. In general, class discussion will concentrate on the relevance of accounting judgments to legal problems, rather than focusing on more technical problems. Students will examine income statements, balance sheets, and other accounting documents. Emphasis will be placed on an understanding of generally accepted accounting principles (GAAP) and the abuses of GAAP. Students with undergraduate credit in financial accounting can take this course only with the permission of the instructor.