People Innovation Excellence

Advanced Accounting I (4 Credits)

Learning Outcomes:

Explain the nature, characteristics of advanced accounting topics and special industries; Interpret economics transactions related to advanced accounting topics and special industries; Analyze journal entries necessary for economics transactions related to advanced accounting topics and special industries; Record journal entries necessary for economics transactions related to advanced accounting topics and special industries; Prepare financial statements for advanced accounting topics and special industries

Topics:

  1. Installment Sales
  2. Consignment Sales
  3. Accounting for Home Office and Branch Relationship
  4. Insurance Contract
  5. Life Insurance and General Insurance
  6. Accounting for General Mining
  7. Exploration and Evaluation of Mineral Resources
  8. Derivatives and Foreign Currency Transactions
  9. Foreign Currency Financial Statements
  10. Segment and Interim Financial Reporting
  11. Corporate Liquidations and Reorganizations

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