2 or 3 credits
Fall 2025 Lecture
This course is designed to help students a) Learn about the development of international accounting movements and implications in a globalized financial market; b) Develop the ability to read and interpret the financial statements of companies that are prepared in accordance with International Financial Reporting Standards (IFRS); c) Emphasize the importance of professional judgment in international accounting when assessing different accounting treatments for the same event; d) Learn to cope with differences in financial measurement, recognition, and reporting practices; and e) Enhance the students' communication skills. The course should also contribute to the requisite background required for professional examinations such as CPA and to become prepared for a long-range successful accounting, auditing, and/or managerial career.
Learning Outcomes1Learn about the development of international accounting movements and implications in a globalized financial market.
2Develop the ability to read and interpret the financial statements of companies that are prepared in accordance with International Financial Reporting Standards (IFRS).
3Emphasize the importance of professional judgment in international accounting when assessing different accounting treatments for the same event.
4Learn to cope with differences in financial measurement, recognition, and reporting practices.
5Enhance the students' communication skills.
made by Purdue students.