Handbook

This course covers financial accounting at an advanced level, with a focus on business combination accounting, group accounting (subsidiaries and joint arrangements), foreign currency accounting (transactions and translation) and related party disclosures. The topics of this course are useful for understanding of mergers and acquisitions valuation, financial statement analysis, and financial valuation methods. Financial analysts, financial statement preparers, and merger and acquisition specialists are examples of professions that use this knowledge taught in this course. Students develop their judgement, and critical-thinking skills through study of complex financial accounting issues. The topics provide coverage to develop skills to understand professional judgement in financial statement preparation, annual report analysis and insights into potential impacts of contemporary accounting uses affecting the business community under consideration by accounting standard setters.