ACCT 6800 - Contemporary Topics in Accounting

This course is an application of the theory underlying financial accounting and reporting and the interrelationships between the different accounting sub-disciplines. Cases and problems are utilized to illustrate contemporary issues related to standard setting and financial statement measurement and reporting topics. Significant and rapid changes in accounting rules affect the financial reporting and analysis that management uses to make business decisions. This course explores contemporary accounting topics that accounting professionals face in the workplace and how the accompanying requirements change the way companies and their business partners use, report, analyze, and interpret financial data. Actual subjects covered vary as conditions change. This course serves as the Capstone Experience for our program. Specifically, this course provides a review of the material covered throughout the program and an opportunity to assess a student’s overall learning in the program.

Requisites:
Credit Hours: 3.0 lecture
Repeat/Retake Information: May not be retaken.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:

Students will be able to demonstrate an understanding of contemporary issues in accounting.
Students will be able to analyze and interpret professional accounting literature using professional research skills to solve complex accounting issues.
Students will be able to analyze the financial accounting concept statements and determine their relevance to current accounting issues.