( Advanced Accounting )

• Course Description :
  The course explains the accounting concepts and practices underlying business combinations. The course covers the following issues; the legal forms of business combinations, the use of purchase and pooling accounting, the different methods available as accounting treatment for the investment account; these include, the equity method, the cost method and the incomplete equity method, the basic consolidation procedures for the financial statements of the parent and its subsidiary, intercompany transactions such as land, inventory, depreciable assets and bonds, and intercompany leasing. Other issues include the impact of changes in the percentage of ownership on the consolidation procedures, the existence of preferred stocks, complex affiliation, and foreign currency translation.
• Pre Request :
• Credit Hour :
• Department : Accounting
• Program :
• Course Level :Bachelor
• Course Outline :

  advanced financial accounting.pdf