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: 1) Combine and consolidate the financial statements of two entities; 2) Analyze and record partnership transactions; 3) Account for transactions in a foreign currency.