ACC426INTERNATIONAL ACCOUNTING

ACC426 introduces students to the principles, standards, and practices of accounting in the global business environment. The course focuses on the comparison of national accounting systems, the harmonization of international standards, and the role of the International Financial Reporting Standards (IFRS). Key topics include foreign currency translation, international financial statement analysis, cross-border mergers and acquisitions, and the impact of global regulations on financial reporting. Students will explore how cultural, legal, and economic factors influence accounting practices across different countries.

The course also examines the challenges multinational corporations face in consolidating financial statements, complying with multiple jurisdictions, and addressing international taxation and transfer pricing issues. Through real-world examples and comparative analysis, students will develop a global perspective on financial reporting and disclosure. By the end of the course, students will be equipped with the analytical tools to understand and navigate the complexities of accounting in a global context, preparing them for careers in international finance, accounting, and consultancy.