AC 5630 - International Accounting

Under the current business environment all businesses, directly or indirectly, compete in the global marketplace. Understanding and awareness of international issues in accounting, therefore, is critical to the education of a well‐rounded, competent business student. The International Accounting course provides an overview of and a platform for understanding and discussion of comparative accounting, theoretical as well as practical challenges posed by the global environment. Throughout the course, accounting issues unique to international business activities, are introduced and examined. The topics encompass presentation and probe of issues faced by contemporary global entities in the areas of auditing, Standards, external financial reporting, accounting systems, foreign currency transactions and translations, performance valuation, changes in price levels, controls, taxes and transfer pricing, as well as ethical, social, legal, and cultural considerations. Prerequisites: AC 3210. Offered on a rotating basis. (4 Credits)