Nov 21, 2024  
The University of North Carolina at Pembroke 2024-2025 Catalog 
    
The University of North Carolina at Pembroke 2024-2025 Catalog
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ACC 5220. Advanced Financial Accounting (3 credits)


This course provides a thorough study of accounting for equity method investments, business combinations, and the preparation of consolidated financial statements for a parent corporation and one or more subsidiaries. The course examines several international accounting topics, including accounting for foreign currency transactions, accounting for hedges (risk transfer) of exposed foreign currency positions, conversion of foreign currency financial statements to US statements, and the movement towards harmonization of accounting standards worldwide. We will also thoroughly explore the use of and required accounting for various derivative securities.



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