Curriculum Guide · Courses
Financial Accounting, Corporate Governance, and Securities Law Issues for Corporate Tax Advisors
Professor Fred Murray
LL.M Course 781 | 2 credit hours
The course surveys concepts and functions that lawyers acting as corporate advisers on tax, financial, and securities matters need to know – financial statements and their use and analysis, and the government and other entities that regulate them; accounting for income taxes and uncertain tax positions in the financial statements and tax return (including new Form UTP in corporate returns); legal and ethical rules governing tax opinions, advice, and return filing positions; attorney-client privilege; current transparency policy issues – reportable transactions and tax shelters, document retention policies, internal controls and certifications, board of directors audit committees, financial and criminal law liability for fraud, and changes in corporate governance brought about by the Sarbanes-Oxley Act of 2002 and other recent legislation.
Strongly Recommended: Corporate Income Tax Law I (Or the J.D. equivalent Taxation II) and Income Tax Accounting, or Professor Permission.