Dec 03, 2023  
Loyola Marymount University Bulletin 2023-2024 
Loyola Marymount University Bulletin 2023-2024

ACCT 5110 Advanced Accounting Topics

3 semester hours

A graduate study of financial accounting and reporting, this course includes a 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 U.S. GAAP; 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, or MSA 4+1, or MST 4+1, required.