ADVANCED ACCOUNTING
- Course
- ACFN501 - ADVANCED ACCOUNTING
- Department
- Accounting and Finance - English - Master
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
Course Description
This course provides students with the tools necessary to succeed in the modern world of accounting. The emphasis throughout the course is on financial accounting concepts and on the application of those concepts to problems arising in both business and nonbusiness organizations. On successful completion of this course, all students will have developed knowledge and understanding of: Introduction to Business Combinations and the Conceptual Framework, Accounting for Business Combinations, Consolidated Financial Statements, Allocation and Depreciation of Differences Between Implied and Book Values, Elimination of Unrealized Profit on Inter-company Sales of Inventory, Elimination of Unrealized Gains or Losses on Inter-company Sales of Property and Equipment, Changes in Ownership Interest and Inter-company Bond Holdings and Miscellaneous Topics-Consolidated Financial Statements and Insolvency-Liquidation and Reorganization.
ADVANCED ACCOUNTING
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
No course outcomes have been defined yet.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction |
| Week 2 | Financial Statements |
| Week 3 | Consolidated Financial Statements |
| Week 4 | The Equity Method of Accounting for Investments |
| Week 5 | The Equity Method of Accounting for Investments |
| Week 6 | Consolidation of Financial Information |
| Week 7 | Consolidation of Financial Information |
| Week 8 | Revision |
| Week 9 | Mid Term |
| Week 10 | Mid Term |
| Week 11 | Consolidations—Subsequent to the Date of Acquisition |
| Week 12 | Consolidations—Subsequent to the Date of Acquisition |
| Week 13 | Consolidated Financial Statements and Outside Ownership |
| Week 14 | Consolidated Financial Statements and Outside Ownership |
| Week 15 | Revision |
Reference Books & Course Materials
- 01 Advanced Accounting 14th Edition By Joe Ben Hoyle and Thomas Schaefer and Timothy Doupnik
Learning Outcomes
No learning outcomes have been defined.
Program Outcomes
- P01 PO1 Become competent in searching and comprehending the relevant academic articles, interpreting the information learnt or obtained via various channels and absorbing exceptional knowledge in their field.
- P02 PO2 Devoted themselves to be a qualified researcher and knowledge worker in their field all throughout their life and career.
- P03 PO3 Demonstrated that they developed their individual capabilities through written projects, assignments and presentations that they will independently implement both in academia and work contexts.
- P04 PO4 Gained key practical skills and knowledge which need to be implemented in their own research and business work environment.
- P05 PO5 Been able to implement critical and analytical thinking and analyses into their studies, research and work.
- P06 PO6 Become proficient in adopting the gained knowledge into practice and research in a critical, and analytical way.
- P07 PO7 Become experts in using information technology tools for their studies, research and workplace in an ethical and safely environment by sharing and transferring their knowledge.
- P08 PO8 Succeeded in working, researching and forming partnerships with their colleagues/team members in a global environment.
- P09 PO9 Proved themselves capable of disseminating and sharing knowledge, sustainingly communicating with others, in any global workplace or research setting.
- P10 PO10 Become capable of interpreting and transferring their qualified knowledge into practice and research.
- P11 PO11 Dedicated themselves to applying advanced academic studies and enrolled themselves in work or non-work projects related to environmental approaches and ethical issues.
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