ACCT 510 Advanced Accounting
The third course in the three-course financial reporting sequence, this course emphasizes accounting theory and practice including special disclosure and reporting problems; international accounting and foreign currency translation; not-for-profit accounting, governmental accounting; business combinations; and consolidated financial statement preparation and analysis.
Note: Refer to the course syllabus located in the Content section of the course D2L Web site and prepare the assignment for the first class meeting.
Prerequisites
Special information
4 Undergraduate credits
Effective August 16, 2016 to present
Learning outcomes
General
- Determine the correct translation method and complete translation for foreign affiliate financial statements.
- Prepare consolidated financial statements using proper work paper procedures.
- Demonstrate proper accounting techniques for partnership formation, earnings distribution, and liquidation.
- Demonstrate understanding of government reporting for state and local government entities.
- Apply proper accounting methodologies for foreign currency transactions and assess; justify and communicate related strategic aspects for hedging of foreign currency transactions.
- Evaluate nonprofit entities from both a governance and financial perspective and create recommendations.
- Assess the strategic implications of business combinations and analyze a variety of asset and stock acquisition scenarios.
Spring 2023
| Section | Title | Instructor | ||
|---|---|---|---|---|
| 50 | Advanced Accounting | Beltrand, Barbara A | Books | Course details |
Summer 2023
| Section | Title | Instructor | ||
|---|---|---|---|---|
| 50 | Advanced Accounting | Fenske, William W | Books | Course details |
Fall 2023
| Section | Title | Instructor | ||
|---|---|---|---|---|
| 50 | Advanced Accounting | Fenske, William W | Books | Course details |