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What is the advantage of studying law for accountants?

April 26, 2017Accountants advantage Law

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What is the advantage of studying law for accountants?

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Law is important for accountants to enable them to develop knowledge and skills in the understanding of the general legal framework, and of specific areas relating to business to enable them to seek further specialist legal advice where necessary. A basic knowledge of the law means they will be able to recognise where a legal issue has arisen, and then be able to employ a specialist for specific advice. The law syllabus focuses on legal issues relating to business that are of most concern to finance professionals.