Course Description and Objective:
As business and capital markets have continued to grow more globalized over recent
years, the international dimensions of accounting is getting more important. This
course deals with accounting issues that are important to those directly and indirectly
involved in accounting and financial control in firms with international operations.
The objectives of this course include broadening your knowledge of how these
principles and practices vary; how they impact financial reporting and business
decisions; how movement toward harmonization is occurring; how International
Financial Reporting Standards (IFRS) have been developed. Students going into
public accounting will find this course useful in terms of understanding the
organization and needs of your corporate clients, as well as gaining a more thorough
understanding of services provided by the large public accounting firms. At the end of
this course, students are expected to
(1) be familiar with accounting and financial reporting issues from an international
perspective, particularly International Financial Reporting Standards (IFRS)
(2) be able to apply their conceptual understanding to both structured and
unstructured problems in international accounting,
(3) be able to apply critical thinking skills when analyzing and solving problems in
international business, and
(4) have the necessary knowledge and skills required to pass CPA (eg. ACCA,
AICPA, or VACPA) examination.
As business and capital markets have continued to grow more globalized over recent
years, the international dimensions of accounting is getting more important. This
course deals with accounting issues that are important to those directly and indirectly
involved in accounting and financial control in firms with international operations.
The objectives of this course include broadening your knowledge of how these
principles and practices vary; how they impact financial reporting and business
decisions; how movement toward harmonization is occurring; how International
Financial Reporting Standards (IFRS) have been developed. Students going into
public accounting will find this course useful in terms of understanding the
organization and needs of your corporate clients, as well as gaining a more thorough
understanding of services provided by the large public accounting firms. At the end of
this course, students are expected to
(1) be familiar with accounting and financial reporting issues from an international
perspective, particularly International Financial Reporting Standards (IFRS)
(2) be able to apply their conceptual understanding to both structured and
unstructured problems in international accounting,
(3) be able to apply critical thinking skills when analyzing and solving problems in
international business, and
(4) have the necessary knowledge and skills required to pass CPA (eg. ACCA,
AICPA, or VACPA) examination.