151736130 ADVANCED FINANCIAL ACCOUNTING ( 3 Crd.Hrs )

Pre-Requisites : 151736120

This course is a continuation of Financial Accounting, and is a closer look at the theories, principles and practices underlying financial statements. Emphasis is on the measurement, valuation and reporting of liabilities and stockholders’ equity and their effect on reported earnings. Topics covered include leases, pensions and employee benefits, deferred income taxes, and earnings per share. There will also be a discussion of financial errors and full disclosure in accounting.