ACCT 5110 Advanced Accounting Topics
4 semester hours
A graduate study of financial accounting and reporting, Advanced Accounting includes comprehensive coverage of the accounting and reporting for investment activities of businesses. Specific areas covered include: the equity method of accounting for investments; business combinations; the reporting of consolidated financial statements; the recording of foreign currency transaction and hedging risk; the translation of foreign financial statements; the integration of applicable International Financial Reporting Standards with USGAAP; and an introduction to accounting and reporting the activities of state and local governmental units. Individual student research into related advanced accounting areas is expected.
Graduate standing required.