ACC 401 - Advanced Accounting (3)

The final course in the financial accounting course sequence; it is especially beneficial for anyone interested in private or public accounting as well as gaining a deeper understanding of financial accounting under U.S. GAAP with an understanding of the similarities and differences with IFRS. Reinforce an understanding of the financial statements of a corporation through an in-depth understanding of business combinations and consolidation, as well as a review of accounting for equity investments. Examine accounting for partnerships from formation to liquidation and international accounting, including foreign currency translation and hedging. Perform a comparison of US GAAP versus. IFRS financial statements.

Prerequisite(s): ACC 302
Grading Method: Letter Grade
Term Typically Offered: Fall