Advanced Accounting ((4 Credits))

Catalog description

The course applies financial accounting theory and practices with in-depth analysis to more complex technical business transactions and problems dealing with financial reporting and operations of partnerships, corporations, governmental and not-for-profit organizations. This includes the formation, distribution, termination, reorganization and liquidation of organizations, mergers and acquisition, preparation of consolidated financial statements and reporting, multinational enterprises and foreign currency transactions and translations, basic coverage of fund accounting for government, not-for-profit organizations, and accounting for estates and trusts. This course covers in its components global and international aspects of business accounting. Note: The course satisfies understanding organization in a global context and quantitative skills guidelines. This course was previously BME-214014 Advanced Accounting. Prerequisites: ACCT 3025 and ACCT 3030 , or equivalent.