Advanced Financial Accounting

Advanced Financial Accounting --- The primary focus of this course is on the GAAP and tax implications of transactions frequently encountered in the area of corporate finance, including mergers, acquisitions, divestitures, spinoffs, IPOs, and leveraged buyouts. As a result, students gain an understating of the GAAP and tax advantages and disadvantages associated with the different methods of structuring such transactions. Other topics covered include deferred tax issues associated with mergers and acquisitions and fund accounting for governmental entities.