ACC 331 - Advanced Accounting I (3)

Prerequisite: ACC 232 with a C- or higher, or permission.

This course focuses primarily on financial accounting concepts and methods of analysis applicable to accounting for 1) combined, consolidated financial statements; and 2) multinational accounting issues, including foreign currency transactions; and 3) partnerships. Upon successful completion of this course, students will be able:

Combine and consolidate the financial statements of two entities
Analyze and record partnership transactions
Account for transactions in a foreign currency

Terms offered: Normally offered spring semester even years on the Crete campus and as needed on the non-residential campuses