This course covers several topics in advanced accounting. This course will cover accounting for business combinations and accounting for partnerships.
Business combinations is America s most popular business activity.
This will include consolidated statements at date of acquisition and subsequent to acquisition, intercompany transactions of merchandise, plant assets, notes receivable and payable, bonds and leases. Accounting for partnerships will include partnership characteristics, formation, accounting for activities, ownership changes, and liquidations. South-Western College Publishing. Exams will be given on campus at the time determined a week before exam time. The exams will cover material presented in class as well as the assigned text readings and lecture notes.