ACCT 402 - Advanced Accounting Concepts

4 Credit(s)

This course explores advanced topics in accounting that are crucial to understanding and analyzing financial statements and are therefore heavily tested on the CPA exam. These topics include accounting for business combinations, consolidated financial statements, financial instruments, foreign currency transactions, interim financial statements, and segment reporting; as well as governmental and not-for-profit accounting. As CPA review course materials are integrated throughout the course, students become familiar with the structure and content of the exam. Guest speakers provide a “real world” perspective of the importance and relevance of the subject matter.
Prerequisite(s): ACCT 308 or permission of the department head of accounting, economics and finance.