ACC 617 - International Financial Accounting Standards and Reporting

(3 credits)

A comprehensive study of International Financial Reporting Standards (IFRS). This course includes a review of current developments in the process of convergence with US GAAP and the implications an entity will experience when adopting IFRS. The functions of the International Accounting Standards Board and its subcommittees will be addressed. The cultural, historical and political reasons for international accounting practices will be reviewed. Students will research financial accounting issues in IFRS and in US GAAP. This course is designed for the MAcc student who has completed the intermediate accounting sequence.

Course revisions made after the Graduate Catalog publication date will be posted in the Graduate Catalog Addendum.