Advanced Financial Accounting

Description

This course provides an in-depth understanding of advancedrnfinancial accounting. The main subject is accounting for businessrncombinations, and the consolidation of financial statements of arnparent company and its subsidiaries. The course covers foreignrncurrency transactions and accounting for derivatives and hedgingrnactivities.

Program

Accounting

Objectives

• Define business combinations & its different forms.rnï‚· Discuss accounting for business combinations.rnï‚· Prepare consolidated financial statements at the date of acquisition & in yearsrnsubsequent to acquisition.rnï‚· Account for foreign currency transactions.rnï‚· Account for derivatives and hedging activities.