BUL4330

Law for Accountancy

Course Code:
BUL 4330

Credit Hours:
3

Effective beginning:
2022-23

 

 

Course Description:
Students study the basic concepts of law as applied to the accounting profession, including contracts, agency, partnerships and corporations, property, wills and trusts, securities regulation, consumer protection, and antitrust. Students will review the Accountancy Law portion of the CPA exam.

Course Details

Prerequisites:

BUL 4310

Instructors:

As assigned

 

Required textbooks/ course materials:

  • Business Law Today: Comprehensive Text and Cases, 13th ed., Cengage. 2022.
  • Gleim, CPA REG Supplemental Course (with professor-led platform, 6-month access), ISBN: 9781618544919.

Cengage Unlimited:

    • 1-semester subscription: ISBN 9780357700006
    • 1-year subscription: ISBN 9780357700013
    • 2-year subscription: ISBN 9780357700020

 

 

 

Assignment/course outline:

The following topics will be covered in this course at the discretion of the instructor:   

  • Criminal Law & Business   
  • Tort Law   
  • Real, Personal, & Intellectual Property   
  • Introduction to Contracts & Agreement   
  • Reality of Assent   
  • Contracts in Writing & Third-Party Contracts   
  • Discharge & Remedies   
  • Formation & Performance of Sales & Lease Contracts   
  • Sales & Lease Contracts   
  • Negotiable Instruments   
  • Holder in Due Course, Liability, & Defenses   
  • Secured Transactions & Bankruptcy   
  • Forms of Business Organization   
  • Partnerships   
  • Securities Regulation   
  • Employment & Discrimination Law   
  • Consumer Law

See your Instructor First Day Handout for individual instructor assignment schedule.

 

Discipline-level learning outcomes:

BA-1 Exhibit knowledge of accounting, finance, management, legal, operations and marketing.

BA-2 Identify MIS, economics, technology, statistical data and decision support tools for making effective business decisions.

BA-3 Recognize the impact of today’s global economy, diversity and cultures on businesses.

BA-4 Comprehend how effective leadership, teamwork and ethics relate to best business practices.

BA-5 Use effective oral and written communication skills, including effective research techniques.

 

Course-level learning outcomes:

Course-level student learning outcomesDiscipline-level learning outcomesAssessment methods
Appraise tax liability resources for corporations, partners, and individuals, with simple to moderate tax characteristics

BA-1, BA-2, BA-3, BA-4, BA-5

Homework, tests, quizzes
Contrast decisions for tax minimizing strategies for property, entity, investment, and other tax related decisions

BA-1, BA-2, BA-3, BA-4, BA-5

Homework, tests, quizzes
Evaluate simple corporate and individual returns

BA-1, BA-2, BA-3, BA-4, BA-5

Homework, tests, quizzes
Propose a well-written tax research report involving a simple fact situation

BA-1, BA-2, BA-3, BA-4, BA-5

Homework, tests, quizzes

 

 

Means of accomplishing learning outcomes:

  1. Attend and participate in class regularly.
  2. Read all assigned material before class.
  3. Study in-class notes and online (Canvas) materials.
  4. Complete assigned projects in a timely manner to enable reflections and revisions on the final product.
  5. Participate in discussions.
  6. Demonstrate your mastery of the required skills on quizzes, exams, etc.
  7. Complete all assignments with promptness and accuracy.
  8. All written documents as well as online assignments must be completed using correct grammar, spelling, and structure.

The grading breakdown is subject to change at the discretion of the instructor.

Quizzes

up to 40%

Test (which includes Midterm and Final) 

up to 60%

Assignments, Projects and/or Labs     

up to 40%

Participation

up to 20%

 

Please see your first day handout for individual instructor grading schemes.

 

College-wide policies and resources

For more specific information on Chipola's college-wide academic policies and resources available to students, visit the link below.