Add to ORKGThese materials strive to make accounting as teachable as possible to law students, recognizing that many law students approach the subject with considerable trepidation and have not previously studied accounting. We have built the materials around explanatory text designed to lead the students through the subject\u27s technical aspects. The edition starts with an Introduction to Bookkeeping, Accrual Accounting and Financial Statements. Chapters deal in order with the development of accounting principles and auditing standards; the time value of money; financial statement analysis and financial ratios; shareholders\u27 equity and the balance sheet; revenue recognition and the income statement; contingencies; inventories and cost allocation ...