ACC 416 Syllabus for Spring 2015
Accounting 416.101 – International & Advanced Accounting
Course Syllabus for Spring Semester 2015
Course Format: Lecture, web-enhanced
Instructor: Gregory L. Prescott, DBA, CPA, CGMA, CMA, CFM
Office Location: Mitchell Learning Resource Center, #122
Office Phone: 251 460-6409
Home Phone: 251 661-8376
E-mail address: gprescot@southalabama.edu
Class/Office Hours: Class Schedule Office Hours ACC 372.101 Tu & Th 9:30 – 10:45 a.m. Tu & Th 7:00 – 9:30 a.m. ACC 416.101 Tu & Th 2:00 – 3:15 p.m. Tu & Th 10:45 – 11:45 p.m. ACC 511.101 Tu & Th 3:30 – 4:45 p.m. W 3:00 – 5:00 p.m.
Textbook
Advanced Accounting by Hoyle, Schaefer, & Doupnik, McGraw-Hill Irwin, 12th ed.
Course Notes available via Sakai
Course Description
This course involves the study of accounting in a global context, including international accounting standards and issues, and the roles and responsibilities of accountants. Specific topics covered include business combinations, partnership accounting, interim and segment reporting, as well as international financial accounting standards. Prerequisite: ACC 372 with a minimum grade of “C.”
Course Objectives and Content
We will cover the equity method of accounting for investments, the consolidation of financial statements when certain conditions are met, interim and segment reporting, foreign currency transactions, the translation of foreign currency financial statements, international accounting standards and issues, and partnership accounting.
Learning Objective for ACC 416
Students will demonstrate an understanding of the role of accountants and accounting standards in an international context.
Ethics Coverage
The topic of ‘ethics’ is addressed very briefly in a few chapters, primarily from the standpoint of alternatives among generally accepted accounting principles.
WARNING
You should expect this course to be challenging. In order for you to do well,
Course Syllabus for Spring Semester 2015
Course Format: Lecture, web-enhanced
Instructor: Gregory L. Prescott, DBA, CPA, CGMA, CMA, CFM
Office Location: Mitchell Learning Resource Center, #122
Office Phone: 251 460-6409
Home Phone: 251 661-8376
E-mail address: gprescot@southalabama.edu
Class/Office Hours: Class Schedule Office Hours ACC 372.101 Tu & Th 9:30 – 10:45 a.m. Tu & Th 7:00 – 9:30 a.m. ACC 416.101 Tu & Th 2:00 – 3:15 p.m. Tu & Th 10:45 – 11:45 p.m. ACC 511.101 Tu & Th 3:30 – 4:45 p.m. W 3:00 – 5:00 p.m.
Textbook
Advanced Accounting by Hoyle, Schaefer, & Doupnik, McGraw-Hill Irwin, 12th ed.
Course Notes available via Sakai
Course Description
This course involves the study of accounting in a global context, including international accounting standards and issues, and the roles and responsibilities of accountants. Specific topics covered include business combinations, partnership accounting, interim and segment reporting, as well as international financial accounting standards. Prerequisite: ACC 372 with a minimum grade of “C.”
Course Objectives and Content
We will cover the equity method of accounting for investments, the consolidation of financial statements when certain conditions are met, interim and segment reporting, foreign currency transactions, the translation of foreign currency financial statements, international accounting standards and issues, and partnership accounting.
Learning Objective for ACC 416
Students will demonstrate an understanding of the role of accountants and accounting standards in an international context.
Ethics Coverage
The topic of ‘ethics’ is addressed very briefly in a few chapters, primarily from the standpoint of alternatives among generally accepted accounting principles.
WARNING
You should expect this course to be challenging. In order for you to do well,