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Spring 2022
6334 Accounting & Finance for Lawyers - THAKKAR- 21548

Professor(s): Shobhan Thakkar (ADJUNCT)

Credits: 3

Course Areas: Business and Commercial Law 

Time: 4:00p-5:30p  MW  Location: 3  BLB

Course Outline: The course teaches the basics every lawyer should know about accounting and finance in order to communicate, negotiate, and counsel effectively regarding business matters: the accounting process; the balance sheet, income statement, and cash flow; financial statement analysis; auditing; time value of money; interest; credit; securities; risk; valuation; derivatives; financial decision rules; and financial markets and regulation. The course presumes no prior knowledge of accounting or finance. Exercises and brief business case studies will be assigned to develop comfort with calculations and concepts. No special mathematical knowledge is required, just basic arithmetic and algebra.

This course is taught by a J.D. who has significant experience in startups and venture capital along with a master’s in accounting and significant experience as a lawyer both at one of the best New York law firms in the area of finance as well as in-house at various technology enterprises:

Additionally, Shobhan is part of MDAngels ( and Buena Vista Angels ( and has co-founded several companies.

Course Syllabus: Syllabus revised 1/14/22

Course Notes: (Face-to-Face)  The UH registration system instruction mode for this course is listed in parenthesis. After student registration in November, there may be instruction mode changes to this course up through Jan. 5th, 2022, but notice of such changes will be sent to then-registered students. Instructors and students are expected to normally be physically present in the classroom. If the course has a final examination, it will be in a classroom requiring your physical presence. Other assessment, such as a mid-term exam, may also be in a classroom. Whether this instructor will offer “remote presence” (starting a zoom meeting from the podium computer to enable student remote access on an occasional basis) for part or all of the semester is not known, but students should not rely on an expectation that remote presence will be available.


First Day Assignments:

Final Exam Schedule: 05/04 4pm-7pm      

This course will have:

Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type: No

Bar Course: No

DistanceEd ABA 306:

Pass-Fail Student Election: Available

Course Materials (10/26/2021 8:27:14 PM)

Book(s) Required

Intro Accounting, Finance, & Auditing for Lawyers, 7th ed
ISBN: 9781634604109