Study of the accounting for partnerships, branches, business combinations, and consolidated financial statements. Application of accounting information to financial decision-making. Also Business 30-763. A continuation of the topics introduced in Accounting 36-523. This course includes a study of specific areas relevant to the practice of professional auditing, including fraud, forensic accounting, and internal auditing.
Emphasis is placed on relevant professional standards.
Recommended for students planning to sit for the CPA examination. Study of current issues that involve both accounting theory and accounting practice. May be repeated when topics vary. Counts as accounting capstone. May be repeated with change in topic.