Introduction
Most law students believe that accounting is a whole different branch of knowledge and that it is therefore not necessary to understand it if you have decided to take up law. If you wanted to get into accounts, you would take up chartered accountancy, isn't it?
True, it is a different branch of knowledge. However, in reality, you wouldn't be able to function efficiently as a lawyer if you completely lacked an understanding of accounting and financial statements. Imagine you are a solo lawyer having your own practice. You still have your receipts and expenses to account for! At the initial stage, you won't be able to afford another person to do this for you and if you grow bigger, you will need to manage the person handling accounts. In both cases, you will need at least a basic understanding of how accounts are written. You will also need to understand how financial statements of your firm or company are written since you will have to sign them.
If you are an employee it becomes all the more crucial to understand accounting and financial statements since you can be asked some legal questions which you wouldn't be able to answer fully unless you have been coordinating with the accounts department and keeping track of certain items.
If you are not a lawyer and also not an accounting professional, but simply looking to invest in equity, what would be the basis of your investment decision? Would it rather be a 'tip’ from a broker or would it rather be the latest audited financial statements showing the concrete figures?
We have gathered together three things: how knowledge about accounts and financial statements can be useful to you, where and how you can find financial statements of companies and how you can locate certain items from the statements. Further, we also list the items you need to track continuously.
Who should take this course?
- Law students and lawyers looking to work in corporate law firms or in-house legal teams in companies.
- Non-accounting professionals looking to gain a basic understanding of accounts and reading financial statements.
- Investors looking to make an informed investment in equity.
What is the career potential after doing this course?
This course is not for helping you have a career out of accounting or financial statements. However, it will surely help you become more effective in your career as any non-accounting professional and develop an interest in analysing financial statements.
Knowing how to secure financial statements and read them will help you avoid taking random investment decisions and base these on solid figures.
What is unique about this course?
- The course trains you in how to obtain financial statements even of unlisted companies.
- It doesn't deal with the technical elements of accounting but explains the basics that a non-accounting professional can use.
- It explains how to locate specific items in the financial statements rather than deal with what is included in financial statements and their format.
- It deals with items that can be used to compare financial statements of two peer companies in the same sector.
- Screenshare videos discussing real financial statements of companies rather than ones provided as an example.
- It guides on which items in financial statements should be kept track of by legal professionals.
Training Methodology
Online 24/7 access
Access to basic study material through the online learning management system, Android and iOS app
Live Doubt Clearing
You can ask questions, get your doubt cleared live as well as through online forums.
Certification
This course is recognized by the National Skill Development Corporation, a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. You will receive a certificate cobranded by NSDC and Skill India on successful completion.
Below is how the certificate from LawSikho will look:

This is how the certificate from NSDC and Skill India will look as per the current applicable format (may change as per the approval authorities):
Specific Learning Objectives
- How to find financial statements of listed and unlisted companies explained with the help of screenshot guides
- How to know about the profitability of a company
- How to find out about the borrowings of a company, its cash flow and its share capital
- What is the relevance of balance sheet items in investment transactions?
- How to compare financial statements of companies in a similar sector
Industry Academia Panel
Course Plan
Above prices are inclusive of all applicable taxes and charges.
- Get Sample Material in your inbox
- Regular career guidance on email
Access to all of Lawsikho.com's courses for 4 years (including new courses launched in this period)
Immunity from future price increases for 4 years
Complimentary access to members-only paid Facebook group for exclusive career opportunities and content
Inclusion of templates and lessons on your request on a priority basis
Priority pass for personal coaching, doubt-clearing, customer-support
Free passes and invitations to all Lawsikho events and meet-ups across India
Personal feedback on as many assignments as you want
Access to Lawsikho alumni network
Priority processing for articles submitted to iPleaders blog and Superlawyer interview recommendations
- Web, Android and iOS
- Content Access for 1 year
Syllabus
Video: Few Points Of Comparison Between Financial Statements Of Companies And Their Relevance
Video: What Do Financial Statements Of A Company Include?
Video: How To Know The Share Capital Of A Company And Related Details From Financial Statements?
Video: How To Get The Details Of Loans Of A Company From Its Balance Sheet?
Video: How To Know About The Profitability Of A Company Using The Profit And Loss Account?
Video: How To Know About The Cash Flows Of A Company?
Video: How To Know About The Remuneration Of Directors?
Note: Five Accounting Items You Should Continuously Monitor
FAQs
Unless specifically mentioned otherwise, none of our courses is recognised, accredited, or validated by any university, government or third party. We consider government regulatory standards as an impediment to offering high-quality courses we offer at an affordable cost, offering informal, non recognised courses rather than collaborating with formal universities.
This course is offered as a skill development course by a private company. LawSikho is India’s leading online legal education provider and provides high-quality legal courses that teach you how to do practical legal work as required by the industry.
For any recruiter or client, what matters the most is whether you possess the relevant skills to match their needs and serve their interests. We will train you in rare and important skills that are highly in-demand and our initiative is one of a kind.
Experts review the syllabus and course content for all the courses. These experts are drawn from law firms and the industry at large. The course is conceptualised, coordinated and marketed by LawSikho, a venture that aims to make justice accessible to people from all walks of life through access to superior legal knowledge.
The legal industry knows and respects our work, and they know that anyone who finished our course and obtained certification has a certain level of knowledge and skills. If nothing else, you will be appreciated for the knowledge and skills you would acquire through our courses and would be able to demonstrate after due completion.
We recommend that you should have completed your Higher Secondary / Class XII from a recognized Board / University. In the case of foreign nationals, you should have completed the equivalent of Higher Secondary in India in your respective country. You should also be comfortable with the English language and using a computer. However, we have no formal pre-qualification requirements because we are not a University or college. Anyone who wants to learn is welcome to join our courses.
Students of LawSikho will be provided hard copy materials within 30 days of your course commencement date.
However, online classes, videos, regulatory updates and periodic upgrades to the courses cannot be included in the hard copies. We will provide you with hard copy material for all important chapters. We keep adding many new chapters from time to time and there are restrictions on page numbers so all online material cannot be available in hard copy. We would keep adding new material online from time to time, so please do not expect all such material to be made available in the hard copy also. You can use the hard copy materials for your reference, however, we recommend that you do not exclusively rely on hard copies for cracking the assessment test and the exercises. Please refer to the online library of materials from time to time.
Note: We will send hard copy material through our service partners. We have three service partners.
1. Indian Speed Post (Provides delivery ‘anywhere in India’ under contractual service)
2. Delhivery
3. Trackon Couriers Pvt Limited
If our service partners do not have a presence in your area and want to get the hard copy, you can send us a specific request.
LawSikho will not be responsible if the speed post bounces back or hard copy material is not delivered. We will levy the courier charge on you in such a scenario.
Please visit the respective course page to learn more about the hard copy study material policy of that course.
If international students require hard copy material, they need to share their correct address and we will let them know the cost of the courier which they need to pay and then the hard copy will be dispatched. This is the process because the cost of an international courier is very high compared to the domestic courier within India (for domestic courier we have no additional charges). Some international students provide us with an Indian address for couriering hard copy material. In those cases, we charge nothing extra for the courier.
A person can visit the official website of LawSikho and find the relevant course and see the course syllabus, learning objectives and even a list of weekly exercises. You can also subscribe for free sample material. If more clarification about the course is needed, feel free to chat with our online chat specialist. You could also call us on our landline number, +91 11 40845203 for further assistance.
We do not offer any demo classes. You will not understand the course's quality by attending a single class as the results we produce is done through a combination of many things - study material, assignments, personal feedback on assignments, and then finally, class. The only way to experience the course is to take the course for a month, risk-free, as we give no questions asked and refund between the 30th and 45th day provided you attend all classes and solve all the assignments.
The refund policy may vary. We advise you to go through the refund policy given on the respective course page to know the actual refund policy applied to you.
There are no minimum attendance requirements, as we will teach the course online through a Learning Management System that allows you to pursue the course at your own pace and convenience.
We will conduct online weekly classrooms for 40 minutes to an hour. Attendance is recommended. Feedbacks by our experts on your assignments submitted is the goal of our sessions.
To know more about exercises and assignments submission requirements, please check the course page.
As candidates will be enrolling from across India and abroad, every candidate's schedule is likely to differ. The test will be available on the online portal for a substantial period so that you can take them at your convenience. We will give sufficient opportunity to everyone to attempt the test.
If any student is unable to attempt the test or facing any issues, can mail us at [email protected]
Requirements of the online test may vary as per the course. We suggest you read the test details on the course page to learn more.
The online MCQ is executed on the Learning Management System. You do not have to go to any special centres to give the test or exam. You can attempt the test by logging on to the online Learning Management System from your home or anywhere you wish. We recommend using a computer while giving these tests, as mobile phones are unreliable for giving tests.
Students should finish the MCQ test within the stipulated time in one sitting.
Please visit the course page to know MCQ test fees and guidelines.
You can use any of the following methods to pay for the course.
- Online payment through Razorpay - Credit Card, Debit Card, Netbanking, Amex & UPI
- International students can use Razorpay or Paypal
- NEFT/ RTGS (online through your bank account) or offline
For further details on making payments, please visit our enrolment page or call on +91 11 40845203 for assistance.
If you have a Credit Card with one of the following banks, you can pay using an EMI option.
- ICICI Bank
- Axis Bank
- Standard Chartered Bank
- Kotak Mahindra Bank
- HDFC Bank
- Yes Bank
- IndusInd bank
- RBL Bank
A student can pay online before completing two months or send a cheque of INR 15,000/- in favour of “Addictive Learning Technology Pvt Ltd” within seven days from their enrollment. The date of payment will be exactly two months from the batch commencement date.
Please do not expect us to teach you like college courses. Those are not effective. Our focus is on giving you a realistic experience of doing legal work. Hence you will get different exercises and assignments every week and all relevant material to solve them. Please do not worry that you have not read other associated concepts. We are recreating the experience of working in a law firm or in-house legal department, and we found that this is the kind of training that works best. Live classes will relate to the week’s assignments. You can read the modules from module 1, but we advise you to follow the courses according to where the assignments take you. By the end of the year, you would have covered all the syllabus and retained everything.
If it feels complicated and challenging midway, do not worry. The course is designed like this. You need to stick to it, hold on for dear life and ride along as you ride a roller coaster. Our responsibility is that you are satisfied and get all the results that you were promised by the end. If you are not, you can hold us responsible. But please, please trust the course design and stick to it until the course gets over.
No, there are no discounts available. We do not believe in discounts and never give one. Prices have only increased over time and not decreased.
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The course starts on the commencement date for your batch. You would get access to all the study materials on the online learning management system, which you can view on your computer or mobile phone (Android & iOS). The study materials cannot be downloaded or printed.
We will provide you access to hard copy materials for reference within 30 (thirty) days. We cannot deliver videos and periodic updates in hard copy; hence hard copy materials are not recommended for studying to attempt exams. To stay updated with the latest developments, we strongly recommend that you learn from online materials.
Every week, you will be given exercises to perform, which we will discuss in a live online classroom.
The passing criteria for any course are 40% of the total marks and completion of weekly exercises, articles/assignments as mentioned in the course guidelines.
Please check the passing criteria section on the course page for more details.
You can attempt the MCQ test only once.
If you fail in a course, you can request a re-examination once again. You can re-submit the required exercises and articles with a deduction of 3 marks.
For exercises that you have already submitted, and you do not wish to re-attempt, your marks will remain the same. We will give you some additional exercises to attempt to increase your chances of completing the course successfully. It will also enhance your learning.
If you have any doubt or question relating to the content, please write on the discussion forum of the LawSikho platform itself. Our concerned experts will respond to you within 24 to 48 working hours. You can also write your queries to [email protected]. Our concerned executives will support you to get your questions resolved within 24 working hours.
We ensure that class timings enable a maximum number of students to participate and take out time from work or college while at the same time they are feasible for experts.
Classes will be of 1-hour duration and will be held in any of the following time slots:
- Weekdays: 8:00 pm - 9:00 pm IST
- Saturdays: 7:00 pm - 9:00 pm IST
- Sundays: 10:00 am - 8:00 pm IST
You will be informed of the class timings for the relevant week at least 48 hours before the class via email notifications and WhatsApp messages. We will also add it to your Google calendar.
We will ensure we have fixed timing for this class to schedule your day well in advance according to it as far as possible.
Recordings of class sessions will be made available on the online learning management system for accessing within 48 hours of the session conducted.
Those who complete the course successfully will be awarded a LawSikho certificate. The certificate will reach you within 30 (thirty) days of course completion.
Please check the course guidelines for more details.
The course is designed keeping in mind the schedule of practising lawyers, working professionals, entrepreneurs and full-time students. The learnings are well spread out over a long period. There would be a specific learning objective every week, accompanied by assignments. It takes about 8-10 hours for a person of average intelligence to complete all course activities every week. You need to take this course one week at a time.
We do not guarantee that you will pass the course without putting in reasonable effort or attention. Still, the exact amount of time you would need to dedicate depends on your ability to grasp the material.
Yes, knowledge of the law is not a prerequisite for deriving value from the course. It is possible that what you learn in this course is entirely independent of any other course you have probably pursued or are pursuing. The course is designed keeping in mind that there will be many non-lawyers taking up this course. The only knowledge we assume is what one would expect to know after completing higher secondary school. All modules are reviewed from a high school graduate's perspective and ensured that they are effortless to understand.
You only require knowledge of the English language and basic computer skills to understand the concepts.
An active placement assistance program is available to students, including CV-writing, career guidance, and sharing of relevant job and internship opportunities. Job and internship opportunities will be shared with students on the WhatsApp group from time to time. Students who complete the exercises and perform well in those exercises and classes can be recommended to law firms, lawyers chambers and companies for jobs and internships. However, we do not guarantee any job or internship.
We have also started a career clinic for the benefit of our students. Students can visit our office in Delhi or seek career-related insights over phone or video calls on pre-designated days. More than 2000 positions have been shared with our students to date, and hundreds have got placements and internships through us. Our students have been placed in various law firms and other organisations as full-time employees and have obtained multiple opportunities for internships under the programme. How many opportunities you get will depend on your efforts in the course, and if you do the course well, you will be able to find jobs on your own.
We will also provide you with a career development course free of cost if you need it. Just ask our customer support if and when you need it after participating in at least three months of classes.
We also help you enhance your CV by writing and publishing articles and giving you networking exercises and coaching to build your professional network. Creating your professional network can make excellent opportunities available to you that you cannot even imagine today.
For more details, please see the placement assistance guidelines given on the course page.
How the courses are created, and its philosophy - We aim to create extraordinary lawyers and support the legal industry. You will find no other course which is as practical, provides as much personal attention to every student, or as many opportunities.
Syllabus, coverage and approach to issues - We do not spoon-feed you but give you experience what you will experience when you work at top law firms or big in-house legal departments. You will be prepared for the best and the worst. You will learn to deal with any legal issues, even those we didn’t teach you about, because that is how our course is designed.
Live Exercises - Pilots are put on simulators to practice flying before they are given an actual aircraft to fly. That is how our courses work as well. Even before you start dealing with real-life cases and matters, we train you to do such work through simulation exercises. This experience is invaluable for ambitious lawyers. Think of our courses like an online gym or a martial arts dojo for learning legal skills that will make you amazingly successful.
Personalized support - you can ask questions in the learning management system, interact with us on WhatsApp groups and even call us when you are struggling. We are here to work with you to make you succeed.
Placement assistance - Do you know any other course where you get this level of placement assistance? Law firms and companies love to hire our students because it is tough to find such highly-trained talent. Ask our graduate students! Also, we make you write articles, publish, and enhance your CV and network with many people. This provides you with next-level opportunities in your career.
Doubt-clearing weekly exercises - Doubts are cleared every week. If you can’t wait, post your doubts inside the module itself, our experts reply within one working day.
Grading system: Students will be graded according to the following grading system:
| Grade | Percentage |
| F (Fail) | <40 |
| C+ | 41 to 59 |
| B+ | 60 to 79 |
| A+ | 80 to 100 |
Migration from one course to another is possible. Students should email their migration request to our support team at [email protected] within ten days from the enrollment date.
We will not accept any requests after ten days.
Yes, you can migrate from one batch to another after paying a migration fee of INR 2000/- (or as per the prescribed fee pertaining at the time of migration) and the course fee difference between the admitted batch and transferee batch if any. If migrated, the work or assignments submitted earlier by you will not be considered.
A student is given a total time of 14 months from his batch commencement date to submit the minimum number of required assignments. If they fail to do so, they can submit their pending assignments after the 14th month with an extension fee of Rs 2000/-
They will get a four months grace period to submit their pending assignments after paying the late fee. Those who want to submit the assignments after 15 months from their course commencement date will not be allowed to pay late fees. They will have to migrate to the future batch within 3 years from the enrollment date after paying the migration fee and following the migration rules.
The month and year may vary as per the type of course. We suggest you check the Migration Rules of your course on the course page.
Exams are conducted during the course duration only, not after the completion of the course.
LawSikho courses are offered by a private company as a solution to learn practical skills. There is no recognition, no accreditation and no affiliation from the government or any University or any third party unless specifically mentioned otherwise.
Weekly exercises are very important to learn the practical aspects for which you joined the course. You get sufficient time to complete those. In case you can’t finish them within the due date, you get an extension to complete them with a deduction of a few marks.
You will not get a LawSikho certificate if you fail to submit the required number of assignments and articles. These are mandatory requirements for obtaining the certificate and value of the course for which you enrolled.
The certificate will have the Grade on it. If students want to know their scores, they can write to us at [email protected]. We will provide their scores.
Yes, you will have to attempt just one MCQ test at the end of the course.
You must complete the required number of assignments and the MCQ test to complete the course successfully. They are mandatory requirements. You won’t get the LawSikho certificate if you fail to fulfil these requirements.
There are many certified courses in the market, including LLB, a qualifying criterion for becoming a lawyer. The problem is that even after doing them, people do not have the requisite advanced level practical skills needed to succeed. You can learn these things from our courses. Our students who are already working earn over Rs 1 lakh per month on average. That should give you an idea about what is so beneficial about our courses!
Note: You can check our Government of India Recognized courses in the course section.
An online Live class is a video conference-based class that you can attend from mobile, tablet and personal computer through an application. You can see the teacher and the teacher can see you. You can even share your screen with the teacher for comments if the teacher requests it, and the teacher can show you his or her screen. You can see other people attending the class also. There is usually a lot of discussion amongst the students and teachers in the class. It is very much like a live classroom except that you do not have to travel to access the class; you can access it on the go as long as you have internet and a device.
We will point you out the relevant reading material and templates and precedences you need to solve an assignment. You can also freely discuss with other students in the course WhatsApp group. You can post queries in the learning management system as well while working on assignments. During the live sessions, you can ask questions to the expert and get your issue resolved. Sometimes it may be possible to schedule a call with evaluators and discuss with them, but this is at the discretion of the evaluator and at a time of his or her convenience. We cannot handle unlimited calls with every small question. You have to respect the time and availability of the evaluators also. For that, you already have the Learning Management System and the WhatsApp group, where you can post an unlimited number of doubts.
Our training methodology is unique. While any outside authority does not endorse it, the success of our students speaks for itself. Our methodology is described in detail in the previous questions. The legal industry loves to hire our students who have gone through the entire training we provided. Major companies have been hiring us to train their legal teams and managerial executives with cutting edge legal courses. This is proof of our success.
Note: The Government of India has recognized some of our courses. You can find those courses and other details in the course section of our official website www.lawsikho.com
A student who secures 70% or more in the final assessment of any MEPSC and Skill India recognized course of LawSikho would be eligible for the MEPSC and Skill India certification.
Yes, in all our premium courses, there are live weekly classroom sessions. Apart from one session related to your course, sometimes you will be invited to attend extra free sessions on writing, networking or other relevant skills. However, the course is conducted through an online learning management system, enabling students to access study materials from anywhere in the world at their own time and convenience. Course materials will be accessible on the online learning management system, which you can assess on a laptop/desktop. You can also access the course on your phone by downloading the LawSikho app. We may upload some course materials around the time of your class about the relevant issue. Apart from this, you will have access to significant hard copy material as well.
Live sessions on exercises shared will be conducted online every week. Once or twice a month, you will also have a session on writing influential articles and networking skills. In total, students will have 5-6 live sessions every month. At times there could be extra sessions that are optional to attend.
Our experts' weekly online sessions will include feedback on the previous week's exercise and explain new concepts related to upcoming exercises.
Attendance for sessions is not mandatory but crucial for learning to perform exercises that add value. Students who miss the session can watch the recorded versions of the sessions conducted on the Learning Management System (LMS) and the assignment portal (anything that is easier for you, it is uploaded on both platforms). We will add the recorded session to LMS within 48 working hours.
It is highly recommended that you complete weekly exercises. It is mandatory to submit 50% of subject exercises per course requirement and all writing assignments.
All study materials, including text, videos, drafting exercises, templates and regular tests, will be available only on the LMS and accessed using your login ID for the LMS. Students can also access the course through the state of the art mobile Apps, making learning convenient and accessible on a real-time basis.
Some courses require 100% of subject exercise submission. Please visit the course page to know the number of exercises and assignments to be submitted for a particular course.
1. Hard copy study material is not available for Introductory courses.
2. Instalment option is not available for Introductory courses. Students have to pay the total amount in one go.
3. The passing criteria for any Introductory course are 40% of the total marks, and completion of all assignments is compulsory.
4. Course study materials will be accessible online for three months from the date of enrolment.
5. Onboarding sessions will not take place in these courses
6. LawSikho will not send a calendar invite to students.
7. The placement support is available for course duration only.
8. No writing assignments for Introductory courses except the Introduction to Legal Writing course. The rest of the courses have only four subjective assignments, four zoom classes & two bonus classes for doubt clearing.
For any other help or clarification, or grievance, please write to us at [email protected].
Our student support team representative will write back to you with a personalized response within 24 working hours.
Don’t forget to mention your Enrollment Number, Course and Batch when you communicate with LawSikho.
We are closed on Sundays and Central Government Gazetted Holidays.
