Course Schedule and Catalog

Long Title: ACCOUNTING ANALYSIS OF COMPLEX BUISNESS TRANSACTION

Department: Management

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 3

Description: This course is designed for students who will embark on careers requiring a sophisticated understanding of advanced financial accounting and reporting concepts. The focus is on the use rather than the preparation of financial statements, although it will be necessary to understand the underlying accounting mechanics. The main objective of the course is to understand the economic events underlying complex business transactions. This requires an understanding of the underlying accounting, including how to interpret financial statement footnotes and related disclosures as well as the financial statements themselves, and how to use this information in ways that are relevant for applications such as credit analysis, equity valuation, and transaction structuring. Topics covered include intercorporate investments, business combinations and goodwill accounting, intangible assets, stockholders' equity and employee stock options, deferred taxes, pensions and other post-employment benefits, leases, securizations, and derivatives and hedge accounting. Repeatable for Credit.