ACC 418 Adv Accounting

This course addresses contemporary theory and practice covering topics important to the advanced accounting complexities of business and financial reporting. Topics include business combinations with application of the principles of measurement and realization in consolidations, intercompany transactions, takeovers, and pooling of interest. Foreign currency transactions, estates and trusts, debt restructuring, corporate reorganizations, and liquidations will be analyzed. Emphasis is on evaluation and presentation. Co-requisite: ACC 323. Prerequisite: ACC 320.