ACCT-512 Financial Accounting Theory and Issues

Students in this course will integrate financial theory into the practice of financial reporting using the FASB Accounting Standards Codification; prepare consolidated financial statements on the basis of GAAP and IFRS accounting principles; analyze financial statements including analysis of accounts, variances, trends, and ratios; evaluate assumptions and methods underlying estimates, including fair value measures of financial statement components; design financial statement reports in order to meet regulatory requirements; and determine appropriate accounting treatment for new or unusual transactions. A biblical worldview will be integrated throughout the accounting and financial reporting process.

Credits

3

Cross Listed Courses

ACCT