The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help

    Saint Joseph's College: Online Programs
  Feb 25, 2018
2017-2018 Saint Joseph’s College Online
[Add to Portfolio]

AC 420 - Advanced Topics in Financial Accounting

An examination of advanced concepts of accounting for business combinations with emphasis on the consolidation of parent/subsidiary balance sheet and income statement reporting, foreign currency translation, partnerships formation and liquidation, as well as special reporting requirements for multinational entities.

Prerequisites & Notes
AC 310, AC 311

Assignment Overview
  • Assignments: 5 Units
  • Interactivity: Discussion Boards
  • Final Assessment: Final Paper

Course Learning Objectives
Upon completing this course, you should be able to do the following:

  • Interpret and apply generally accepted accounting principles to measuring, recognizing, disclosing, and reporting financial transactions and information.
  • Recognize and apply procedures to special accounting issues in business combinations.
  • Prepare consolidated financial statements.
  • Assess inter-company transactions that relate to assets and liabilities.
  • Compute and prepare cash flows, earning per share, and tax allocation for consolidated companies.
  • Explain the basic characteristics and operating procedures of partnerships.
  • Account for partnership formation, business transactions, ownership transactions, and liquidation.
  • Define the role of the financial accountant in the organization as it pertains to accounting control and reporting including ethical responsibilities.
  • Prepare entries related to governmental entities and general fund accounting.
  • Prepare entries to record transactions related to not-for-profit entities.

Credits: 3

[Add to Portfolio]