Course Description
Theory and practice associated with business combinations, consolidated financial statements, partnerships, international operations, bankruptcy and other accounting topics related to specialized accounting entities. Prerequisite: ACC 519 or grade of C or higher in ACC 319.
Syllabus
Student Learning Outcomes, Goals, Objectives:
Students successfully completing this course will be able to:
Prepare, interpret, and evaluate the financial statements of state and local governmental entities by applying relevant governmental accounting standards, including fund accounting and government-wide financial reporting, and analyzing financial information relevant to citizens, elected officials, oversight bodies, creditors, and other stakeholders.
Prepare, interpret, and evaluate the financial statements of not-for-profit organizations by applying relevant accounting standards for contributions, net assets, endowments, and functional expense reporting, and analyzing financial information relevant to donors, grantors, governing boards, and other stakeholders.
Prepare, interpret, and evaluate consolidated financial statements by applying relevant accounting standards for business combinations, investments, intercompany transactions, and changes in ownership interests, and analyzing their effects on the financial position, performance, and cash flows of consolidated entities to support the information needs of investors, creditors, and other stakeholders.
Exercise professional judgment and ethical reasoning to resolve complex accounting and financial reporting issues involving governmental entities, not-for-profit organizations, and consolidated entities by applying authoritative accounting standards.
Prepare consolidated worksheets and consolidated financial statements by applying accounting standards and developing integrated, cell-linked Excel models that support efficient and accurate financial reporting.
Course Grading Information:
Activity/Performance Measure | Percentage/Points |
|---|---|
Exam 1 | 200 points |
Exam 2 | 180 points |
Exam 3 (Final) | 180 points |
Quizzes | 40 points |
End of chapter assignments | 100 points |
Projects/Cases | 100 points |
Total | 800 points |
Grading Scale:
Points Earned | Letter Grade |
|---|---|
744 + | A |
720 – 743.99 | A- |
696 – 719.99 | B+ |
664 – 695.99 | B |
640 – 663.99 | B- |
560 – 639.99 | C |
Below 560 | F |
Attendance/Participation:
Attendance/participation is not a graded component included in the student's final grade for this course.
Course Materials Purchased by the Students:
Connect Online Access for Advanced Accounting Current edition by Hoyle, Schaefer, Doupnik: McGraw Hill, 2026. ISBN: 9781266847523
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.