ACC 545
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International Accounting and Multinational Enterprises
Accountancy
Marriott School of Business
Course Description
Accounting from an international perspective: flow of information in multiple currencies, complying with reporting requirements, setting budgets and monitoring performance, and controlling corporate assets through reports and audits.
When Taught
Spring Term
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Convergence forces
Learning Outcome
Describe the forces of convergence of accounting standards
Title
Compare GAAP and IFRS
Learning Outcome
Compare U.S. GAAP and IFRS for the following accounting issues: intangibles, consolidation, segment reporting, and foreign currency transactions and translation.
Title
MNEs
Learning Outcome
Explain how MNEs deal with the issue of foreign exchange risk management, corporate governance, performace evaluation and control, auditing, and taxation.
Title
Accounting differences
Learning Outcome
Identify the major reasons accounting differs around the world.
Title
IFRS pros and cons
Learning Outcome
Evaluate the pros and cons of adopting IFRS for financial reporting in capital markets worldwide.
