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 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.
Prerequisites: ACCT 3120 with a minimum grade of C (2.0) and ACCT 3140 .
(See ACCT 4110 .)