ACC 450 - Advanced Accounting

(3 Credits)

This course examines the essential issues of Advanced Accounting in a one-semester course primarily designed for accounting majors. Topics covered relate to the theory and practice of accounting for business combinations (ASC Topics 805) and consolidated financial statements (ASC Topic 810) and include recent changes. This class incorporates information from all preceding financial accounting courses and provides an in-depth study of consolidations, mergers, and acquisitions. The theory and practice of accounting for foreign currency transactions and foreign currency financial statements, and partnership accounting are also addressed in this course.

Prerequisite(s): ACC 307