ACCT 3660J International Accounting
This course covers International Financial Reporting Standards (IFRS) – the most widely used global accounting standard – and its application. It also addresses the currentconvergence status with US GAAP. Specific accounting practices applicable to international business transactions are studied with particular emphasis on foreign exchange and foreign currency transactions. The translation of financial statements denominated in foreign currencies is a major element of the course while also exploring related global accounting issues such as transfer pricing and international taxation. (Previously NJCU Course ACCT-366)