ACCY 633

Advanced Financial Reporting

Accounting and reporting issues related to business combinations, equity method accounting for investments, consolidation of financial statements, recording foreign currency denominated transactions, and conversion of foreign currency denominated financial statements. Introduction to the use of derivative financial instruments to mitigate risks and the requirements for hedge accounting. A student may receive credit for only one of the following: ACCY 433, ACCY 533, or ACCY 633. A student must earn a grade of C or better in an intermediate financial reporting II course prior to enrollment

Units: 3.0