Accounting in a Global Context
ACCT 640 | 3 Credits
Course Desc: Prerequisite: ACCT 610. An in-depth exploration of the multifaceted realm of international accounting and reporting practices focused on evolving International Financial Reporting Standards (IFRS). U.S. generally accepted accounting principles (GAAP) are compared to IFRS and specific-country GAAP. Focus is on developing competencies in research, analysis, decision-making, measurement, and reporting. Discussion covers the influence of business operations; cultural variances in privacy rights; environmental, social, and governance (ESG) reporting; and inherent risks in global business transactions. Topics include diverse challenges in global financial reporting, including XBRL (extensible business reporting language). Students may receive credit for only one of the following courses: ACCT 640 or ACCT 665.
