Application of accounting theory to complex business entities,
including accounting for mergers and acquisitions, measurement
and reporting of equity investments, and accounting for state and
local governments and private not-for-profits.
Athena Title
Advanced Accounting
Equivalent Courses
Not open to students with credit in ACCT 7525E
Prerequisite
ACCT 5010/7010 or ACCT 7510E
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Student Learning Outcomes
Students will understand the financial procedures, information flows, and regulations that accompany mergers and acquisitions.
Students will understand accounting for foreign operations and governmental and non-profit organizations.
Students will understand mergers and acquisitions in our economy as a business growth and efficiency strategy.
Students will have knowledge of global operations that requiring an understanding of accounting for foreign transactions and investments.
Students will understand how to develop their research, communication, and critical thinking skills with the context of financial reporting for mergers and acquisitions and governmental and non-profit entities.
Topical Outline
The Equity Method of Accounting for Investments
Consolidation of Financial Information
Consolidations - Subsequent to the Date of Acquisition
Consolidated Financial Statements and Outside Ownership
