Academic Catalog 2024-2025

MGT 786 International Accounting

Accounting standards for the preparation and reporting of financial information among the major nations of the world are studied in a comparative format. International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Principles (GAAP) are examined, along with the ongoing convergence of these two sets of standards. Skills needed in the analysis and proper accounting for foreign currency transactions and the translation/consolidation of foreign financial statements are studied and practiced. Basic International Taxation and International Transfer Pricing procedures applicable to multinational corporations are also studied and practiced.

Credits

3

Prerequisite

MGT 711, MGT 712

Offered

On Campus