ACCT 642 Lindsay Fall 2014
CORPORATE FINANCIAL REPORTING: FINANCIAL TRANSACTIONS, ACCT 642-001
Fall Semester 2014
Faculty Name:
Office Location:
Faculty E-mail:
Phone:
Office Hours:
Emily L. Lindsay, CPA, CGMA, MSA
KSB, Room 14
Lindsay@american.edu (preferred contact)
(202) 885-1902 (office); (240) 731-9764 (cell)
M/TH
9:00 AM – 10:00 AM & 11:45 AM – 12:45 PM
TH
3:15 PM – 5:15 PM and other days & times by appointment.
Class Time & Location: TH 5:30 PM – 8:00 PM, KSB T-61
COURSE DESCRIPTION: With ACCT-641, this course is part of a two course sequence focused on financial accounting rules for corporations. It includes application and use of financial accounting in a decisionmaking framework and emphasizes corporate financial reporting strategies, preparation of financial statements, and interpretation of financial statements by external users. The course examines issues related to investments, non-current liabilities, equities, the statements of cash flows, and the accounting for changes and error corrections. Within these content areas, the course also explores the differences between financial statements prepared in accordance with U.S. Generally Accepted Accounting Principles GAAP), and those prepared in accordance with International Financial Reporting Standards (IFRS). Prerequisite: ACCT-607.
COURSE LEARNING OBJECTIVES: The course provides in depth coverage of financial accounting and reporting rules related to the following topic areas:
Conceptual Framework of Accounting and Accounting Processing Cycle
Time Value of Money Concepts
Bonds and Long-Term Notes
Leases
Accounting for Income Taxes
Pensions and other Post-retirement Benefits
Shareholders' Equity
Share-Based Compensation
Earnings Per Share
Accounting Changes and Error Corrections
Statement of Cash Flows
Investments (as potential assignment topic)
International Financial Reporting Standards (IFRS) Compared with US Generally Accepted
Accounting Principles (GAAP) within the context of the above subject
Fall Semester 2014
Faculty Name:
Office Location:
Faculty E-mail:
Phone:
Office Hours:
Emily L. Lindsay, CPA, CGMA, MSA
KSB, Room 14
Lindsay@american.edu (preferred contact)
(202) 885-1902 (office); (240) 731-9764 (cell)
M/TH
9:00 AM – 10:00 AM & 11:45 AM – 12:45 PM
TH
3:15 PM – 5:15 PM and other days & times by appointment.
Class Time & Location: TH 5:30 PM – 8:00 PM, KSB T-61
COURSE DESCRIPTION: With ACCT-641, this course is part of a two course sequence focused on financial accounting rules for corporations. It includes application and use of financial accounting in a decisionmaking framework and emphasizes corporate financial reporting strategies, preparation of financial statements, and interpretation of financial statements by external users. The course examines issues related to investments, non-current liabilities, equities, the statements of cash flows, and the accounting for changes and error corrections. Within these content areas, the course also explores the differences between financial statements prepared in accordance with U.S. Generally Accepted Accounting Principles GAAP), and those prepared in accordance with International Financial Reporting Standards (IFRS). Prerequisite: ACCT-607.
COURSE LEARNING OBJECTIVES: The course provides in depth coverage of financial accounting and reporting rules related to the following topic areas:
Conceptual Framework of Accounting and Accounting Processing Cycle
Time Value of Money Concepts
Bonds and Long-Term Notes
Leases
Accounting for Income Taxes
Pensions and other Post-retirement Benefits
Shareholders' Equity
Share-Based Compensation
Earnings Per Share
Accounting Changes and Error Corrections
Statement of Cash Flows
Investments (as potential assignment topic)
International Financial Reporting Standards (IFRS) Compared with US Generally Accepted
Accounting Principles (GAAP) within the context of the above subject