BADM 646-01, Consolidations and Advanced Accounting Topics, Fall 2009

Abstract

This course covers contemporary problems of income determination and accounting for special business entities. Topics covered include accounting for investments, including the amortized cost, fair value, and equity methods; preparation of consolidated financial statements; accounting for bankruptcy and partnerships; foreign currency transactions; and governmental accounting.Students will comprehend generally accepted accounting principles related to investments, consolidations, and other advanced financial accounting topics They will apply relevant pronouncements from the Financial Accounting Standards Board to problems similar to those encountered in real-world business situations.