ACTG 413
Advanced Accounting

1. Catalog Entry

ACTG 413. Advanced Accounting
Three hours lecture.

Prerequisites: ACTG 314.

Special problems in accounting with emphasis on consolidations, parent and subsidiary accounting, branch accounting and non-profit accounting.

2. Detailed Description of Content of Course

This course will be concerned with accounting problems that require a considerable knowledge of accounting theory. The preparation of consolidated financial statements will be covered in detail. In addition, branch accounting, and accounting for organizations formed not for profit, will be covered. Some partnership problems may also be covered.

3. Detailed Description of Conduct of Course

This course is delivered in approximately this manner; 30% concept lecture, 50% concept demonstration and 20% questions designed to encourage class participation. A large part of the course material is taken from an Advanced Accounting text. Other sources of classroom material are also consulted--these include The Wall Street Journal and The Journal of Accountancy.

4. Goals and Objectives of the Course

Students who are accounting majors should understand financial accounting concepts not detailed in other courses which include preparing consolidated financial statements, partnership accounting procedures, non-profit accounting principles and practices, and branch accounting practices.

5. Assessment Measures

Graded assignments may include in-class tests, a final examination, pop quizzes, the assignment and presentation of problem exercises, papers, and class preparation and participation.

6. Other Course Information
7. Review and Approval

Date Action Reviewed by
September 2001 Reviewed Dr. Dan Davidson, Chair