From left,Ā Corally Rodriguez, MACC student;Ā Illeana Charry, client;Indyara Andion, law student, andĀ Tessie Brunken, professor, Accounting |
Thanks to an innovative collaboration between the collegeās School of Accounting and the College of Law, qualified small businesses and non-profit organizations can receive free accounting services in the latterās Community Development Clinic. Launched in fall, 2007, the initiative has received $20,000 in support from Rachlin Cohen & Holtz, LLP, one of South Florida’s largest public accounting firms, that will sustain it for two additional semesters.
Under the program, Master of Accounting (MACC) students work with their law-school peers to offer clients guidance on a range of contract and employment issues. They also attend weekly lectures that draw on their clinic experiences and address topics such as business plan development, entity formation, budgeting, licensing and tax compliance.
In addition to classroom instruction,Ā Sharon Lassar, director, School of Accounting, explained that students also can seek counsel from staff at Rachlin Cohen & Holtz, which has agreed to provide āadvice and confirming opinionsā on individual client cases.
āThis is a great hands-on learning experience,ā saidĀ Tessie Brunken (EMST ā86, BBA ā81), assistant director of student services, School of Accounting, who developed the initiative along withĀ Peggy Maisel, associate professor of law and director of the legal clinic. āIt provides accounting students with exposure to legal processes they will likely encounter at some point in their work.ā
Maisel, whose receipt of a prestigious Kauffman Professor Award allowed her to expand the clinic by joining forces with the business school, said the initiative highlights the value of āinterdisciplinary educationā and the āopportunity for accounting and law students to learn from each other.ā
MACC students gain valuable legal insights.
The chance to learn legal aspects of business formation was what piqued the interest ofĀ Coraly Rodriguez (MACC ā07). Rodriguez, an account supervisor at Miami-based Pinnacle Housing Group, said interacting with law students gave her another lens through which to view her work as an accountant.
āYou gain a different mindset when you work with those in other fields,ā she said. āI now look at documents and information from a broader perspective. Also, itās great to have people to call when legal issues or questions come up on the job.ā
While acknowledging the intensity of the workload, Rodriguez described the opportunity to work in the clinic as one āthat canāt be passed up. This is a chance to do something positive for your career and for someone who needs it,ā she said.