AC 311 - Advanced Accounting

This course reviews accounting for higher level accounting issues such as purchases of a business and business consolidations including the determination of goodwill and testing for goodwill impairment. Accounting for international operations and hedging strategies are reviewed as well as partnership accounting. Recent developments in reporting issues, including convergence of Generally Accepted Accounting Principles and International Financial Reporting Standards will be covered.

Four credits.

Prerequisite(s): AC 212