Catalog 2013-2014

ACC 605 Advanced Financial Accounting

For graduate students only. ACC 605 covers long-term investments, emphasizing equity investments, corporate combinations (mergers and acquisitions, including acquisitions accomplished in a series of steps), and the preparation of consolidated financial statements for wholly owned and partially owned subsidiaries, including the elimination of intercompany profits and losses. Partnership accounting also is addressed for income/loss sharing, ownership changes and liquidation.

Credits

4

Prerequisite

ACC 320 and 420.

Offered

fall semester