ACC 440 Advanced Financial Accounting, 3 credits

Focuses on several major areas in accounting. The first is accounting for mergers and acquisitions. The focus is on the differences between the cost and equity methods of accounting for the investment in a subsidiary and the pooling of interest and the purchase methods of recording a business expansion. The second area of interest is governmental accounting and accounting for non-profit organizations. The third area is partnership accounting and accounting for estates and trusts.

Prerequisite: ACC 342 or consent of instructor