Advanced Financial Accounting

  • College of Management & Technology |
  • English

Description

This course is the last exposure to the area of `Financial Accounting`. The main aim of the course is to learn about business combinations & consolidated financial statements. Further, the course offers an exposure to the `International Accounting` environment & the foreign currency transactions.

Program

Finance and accounting

Objectives

  • -Define business combinations & its different formsrn-Discuss accounting for business combinationsrn-Prepare consolidated financial statements at the date of acquisition & in years subsequent to acquisitionrn-Get familiar to the `International Accounting` environmentrn-Account for foreign currency transactions.rn

Textbook

Data will be available soon!

Course Content

content serial Description
1Introduction & Overview
2Concepts of Business Combination
3Acquisition of stock and assets
4Accounting for business combination
5Consolidated Financial Statements at the Time of Acquisition
6Comprehensive Problem (Exam Review)
77th week exam
8Cost Method & Equity Method
9Consolidated Financial Statements in one year Subsequent to Acquisition
10Consolidated Financial Statements in two Years Subsequent to Acquisition
11Inter-company merchandise transfer
1212th week exam
13Inter-company merchandise transfer
14Foreign Currency Transactions
15General Revision & Applications
16Final Exam

Markets and Career

  • Generation, transmission, distribution and utilization of electrical power for public and private sectors to secure both continuous and emergency demands.
  • Electrical power feeding for civil and military marine and aviation utilities.
  • Electrical works in construction engineering.

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