Commercial and Corporate Law in Public Accounting

Abstract

This article aims to analyze the importance of Commercial and Corporate Law in the education and professional practice of Public Accountants, highlighting its relationship with business regulation, regulatory compliance, and financial transparency. The study is based on the premise that legal-commercial knowledge is essential for accounting decision-making and risk management within organizations. The methodology used was a qualitative-descriptive literature review based on the consultation of academic sources in Spanish available in scientific repositories, specialized books, indexed articles, and official regulatory documents. Inclusion criteria such as thematic relevance, academic validity, and importance for the accounting profession were applied. The review was structured around three axes: fundamentals of Commercial Law, Corporate Law, and their relationship with accounting practice. The results of the review show that Commercial and Corporate Law has acquired a central role in the accounting field by providing the legal framework for business formalization, company formation, contractual regulation, asset protection, and regulatory compliance. Furthermore, a close connection is identified between Corporate Law, corporate governance, and the professional responsibility of accountants in creating reliable financial information and preventing legal risk. It is concluded that Commercial and Corporate Law constitutes an essential component in the training of Public Accountants, as it strengthens professional ethics, regulatory compliance, and business sustainability. Therefore, its study is fundamental to ensure responsible and competitive professional practice in current economic contexts.