Introduction to Advanced Financial Accounting

Course overview

The Advanced Financial Accounting course delves into complex accounting topics, designed for those with a solid foundation in financial accounting. It covers advanced consolidation techniques, including foreign subsidiaries and variable interest entities. The course also explores intricate financial instruments, hedging, and derivatives accounting. Students will learn about the accounting and reporting of pensions, leases, and revenue recognition in compliance with IFRS and GAAP standards. Additionally, the course addresses fair value measurements, impairment testing, and the nuances of intercompany transactions. Emphasis is placed on analytical skills and critical thinking to interpret financial statements accurately. Practical case studies and real-world examples ensure that students can apply advanced concepts to various financial scenarios, preparing them for senior roles in accounting and finance.