Advanced accounting

Topics Covered in This Course:

In Section 1 of this course you will cover these topics: Business combinations Stock investments: investor accounting and reporting In Section 2 of this course you will cover these topics: An introduction to consolidated financial statements Consolidation techniques and procedures In Section 3 of this exam you will be evaluated on below listed topics: Intercompany profit transactions: inventories Intercompany profit transactions: plant assets Intercompany profit transactions: bonds In Section 4 of this course you will cover these topics: Consolidations: changes in ownership interests Indirect and mutual holdings Subsidiary preferred stock, consolidated earnings per share, and consolidated income taxation Consolidation theories, push-down accounting, corporate joint ventures, and variable interest entities Foreign currency concepts and transactions Foreign currency financial statements In Section 5 of this course you will cover these topics: Segment and interim financial reporting Partnerships: formation, operations, and changes in ownership interests Partnership liquidation Corporate liquidations and reorganizations An introduction to accounting for state and local governmental units Accounting for state and local governmental units: governmental funds Accounting for state and local governmental units: proprietary and fiduciary funds Accounting for not-for-profit organizations