University of Illinois at Chicago
Accounting 417, Advanced Financial Accounting
Professor Joyce Chen (jtchen@uic.edu)
Spring 2000 (T/R 11:00-12:15, 331BSB)
Office hours: T/R 3:30 – 5:00 PM, 2311 UH; 312- 996-2284
http://www.uic.edu/classes/actg/actg417/
Required:
Textbooks- Advanced Accounting (Fifth edition), by Hoyle, Schaefer, and Doupnik (HSD), Irwin, 1998.
Course Packet- Available at the UIC bookstore.
Optional:
The Essays of Warren Buffett: Lessons for Corporate America (WB), selected by L A. Cunningham, 1997.
Course content:
- Mergers, Acquisitions, and Investing.
- Accounting and Taxation for inter-corporate equity investment and consolidation.
- Accounting for foreign currency transactions and forward contracts as hedge, and foreign operations.
- Introduction to state/local governments accounting.
- Partnership accounting and liquidation.
Strategies:
- Actual-situation examples involving business news and capital market developments, and the accounting and investing issues will be introduced though-out the semester. This allows students to understand the issues in the context of the economy. Prerequisite: Accounting 315.
- Team reports (type written) and presentations on Discussion Questions from HSD, and Web data search and analysis.
- spreadsheet applications template software will be provided for consolidation procedures, and the use of computer is required.