Course Catalog Information (24-25)
ACCT 52
Advanced Accounting
Course Description
The course presents financial accounting theories and practices related to business combinations and consolidated financial reporting. This includes the development of complex business structures and forms of business combinations; consolidated financial reporting for intercorporate acquisitions and operations; and the accounting for transactions of affiliated companies. Also includes accounting and reporting issues in the governmental and not-for-profit environment. Accounting theory and practice related to the formation, operation, and liquidation of partnerships are covered.
Student Learning Outcomes
- Demonstrate knowledge of business combinations; prepare, explain and analyze consolidating workpapers and financial statements.
- Demonstrate knowledge of governmental, not-for-profit, and partnership accounting; and demonstrate an ability to properly record related transactions and prepare related financial statements.
Course Details
- Units
- 5 Units
- Hours
- Weekly Lecture Hours: 5
- Weekly Lab Hours: 0
- Gen Ed
- Non-GE Class
- Program Status
- Program Applicable
- Credit
- Credit - Degree Applicable
- Transferability
- Transferable to CSU only
- Grading Method
- Letter Grading
Requisite and Advisory
- Prerequisite(s)
- ACCT 1B or ACCT 1BH
- Advisory(ies)
- ACCT 51B
- Corequisite(s)
Limitations on Enrollment and Entrance Skills
- Limitation(s) on Enrollment
- .