ACCT6305 Topics in Financial Accounting

Course Description

Development of the theory, principles, and techniques of accounting for branches, business combinations and consolidations, and multinational business organizations.

Course Credits: 3

Prerequisites: 6 hours of intermediate accounting or equivalent.

Student Learning Outcomes

By the end of this course, you will be able to:

  • Account for equity method investments.
  • Describe and account for business combinations and consolidations.
  • Account for intracompany transactions in consolidated entities.
  • Account for translation of foreign currency financial statements.
  • Account for partnerships, including formation, dissolution, and earnings allocations.
  • Account for foreign currency transactions.
  • Explain the international financial accounting environment and development of international financial accounting standards.
  • Account for interim and segment reporting.