ADVANCED ACCOUNTING TRAINING
DESKRIPSI
Advanced Accounting is a
continuation of the study of financial accounting. The areas of coverage in
this course include issues concerning the operation of Partnerships, Business
Combinations and Consolidated Financial Statements, and International
Accounting Issues. These topics require a working knowledge of GAAP and
Professional Pronouncements.
The course is designed
to provide an understanding of the technical requirements as well as developing
an appreciation for working with accounting pronouncements and research of
accounting issues. Professional Communication skill for writing and speaking
will be
emphasized throughout the semester
emphasized throughout the semester
OBJECTIVES
1.
Properly
prepare consolidated financial statements as of the date of acquisition and for
periods subsequent to the date of acquisition. (Synthesis)
2.
Demonstrate
an understanding of current GAAP related to Business Combinations and its
relationship to present reporting practices. (Analysis)
3.
Demonstrate
an understanding of the accounting techniques and methods associated with the
formation and liquidation of partnerships. (Application)
4.
Prepare
and analyze accounts for importing and exporting transactions denominated in
foreign currencies, as well as accounting for forward exchange contracts.
(Analysis and Synthesis)
OUTLINE
1. Business Combinations
2. Accounting for
Investments
3. Equity Method
4. Introduction to business
combinations
5. Accounting for business
combinations
6. Consolidated statements:
date of acquisition
7. Consolidated statements:
after acquisition
8. Consolidated statements:
allocation and depreciation of diference between acquirees' implied fair and book values
9. Consolidated statements:
intercompany diferences
10. Segment and interim
reporting
11. International Financial
reporting standards
12. Accounting for foreign
currency transactions and hedging foreign exchange risk
13. Translation of Financial
statements of foreign afiliates
PARTICIPATNS
Professionals for whom an
in-depth accounting knowledge would prove beneficial
INSTRUKTUR
Achmad
Fadjar, SE, Akt.
