Legal Accounting Procedures

Administrative assistants are often asked to contribute to the accounting process in small legal and business offices. Students develop an awareness of the underlying theory and principles of accounting. They acquire skill in analyzing, journalizing and posting financial transactions and in summarizing these transactions in financial statements. Students also attain proficiency in the control of cash, banking, payroll, client billing and reporting procedures. These skills are developed through a series of activities and practical tests using a variety of tools and discussion regarding business software.

Notes:

Microsoft Excel 2016 preferred. For assignment 3, students will need to download and install a free, 30-day trial of PCLaw, which includes a Start Guide and a User Guide. The download process can take up to 2 days, because you must request an installation “key” from LexisNexis before installing the software. Make sure you install version 14, NOT version 16.