Advanced Accounting II

Learning Outcomes:

Upon completion of this course, students are expected to be able to Calculate the economics of derivatives and foreign currency transactions that are not accounted for as hedge transactions, Distinguish the three types of hedge activity, Prepare foreign currency financial statements, Prepare segment and interim financial reporting of consolidated financial statements, Prepare the report for the formation, operations and changes in ownership, Prepare the report for partnership liquidation, Prepare the financial statements for not-for-profit organization, Evaluate the economics aspect of sustainability reports

Topics:

This course is an advanced level course compulsory for students in accounting major. The knowledge and skills you will attain in the course is crucial to build comprehensive accounting competence and understanding, especially for you who will work in accounting area. In this course students will learn advanced accounting topics for multinational companies such as foreign operation and subsidiary, joint venture, Sustainability accounting as well as local issues on Islamic banking and accounting for cooperation. As this is an advanced course, students are expected to conduct independent learning and submit a paper as the final exam.

Prerequisite: AC318 – Financial Accounting I