BUAD 5779 - Accounting For Complex Business Transactions

(4) Prerequisite(s): BUAD 5709 Financial Reporting Standards and Analysis and BUAD 5719 Accounting Analytics and Information Systems

This course covers advanced financial reporting topics, focusing particularly on the concept of the business entity - both conceptually and from an accounting standpoint. Cases in this course require students to become proficient with the Accounting Standards Codification in order to develop the professional judgment necessary to accurately account for complex business transactions. As many accounting issues do not have black and white answers, this course helps students craft well-reasoned, justifiable interpretations of accounting standards. The course also highlights some of the topics and central issues currently being addressed by accounting standard setters.