Translate or remeasure a foreign accounting statement into • subsidiary’s US GAAP Apply the accounting principles for recognition and reporting for leases, • revenue recognition and other pending GAAP revisions. Document formation and termination of a partnership business • 2. COMPETENCIES TO BE DEMONSTRATED IN THIS COURSE INCLUDE: 1. COMPUTER-BASED SKILLS: WORK PROCESSING computer spreadsheets may be used by students to – prepare their homework assignments SPREAD SHEET templates used for homework assignments – PRESENTATION SOFTWARE may be used in this course – DATA BASE MANIPULATION - Access may be used by students in this course but is not required INTERNET SEARCH SKILLS - may be used in this class to respond to end of chapter discussion questions and research project. AAA Commons FASB Codifications should be used to research GAAP issues COMMUNICATION SKILLS This is a writing intensive course – A. WRITTEN REPORT ORGANIZATION - used to present assignments, projects & cases REFERENCING 6th ed to be used in research assignment, –APA Perdue Owl.com is another reference provider. ORAL - students must participate in classroom discuss of the concepts, theory and application regarding the course’s objectives. Paper presentations use rubric for evaluation. INTERPERSONAL SKILLS: TEAM-BASED ABILITIES INTRA-GROUP AND INTER-GROUP – COOPERATION team assignments may or may not be used in this class – LEADERSHIP students are expected to take the lead in discussion of – various topics during the semester CONFLICT RESOLUTION not a prescribed part of this class although – students may engage in the resolution of differences when presenting materials. PROBLEM SOLVING (CRITICAL THINKING): CONCEPTUAL THINKING students are expected to review SFAS – guidance and demonstrate how the guidance impacts the knowledge course’s objective topics GATHERING AND ANALYZING DATA again with the acquisition of – SFAS guidance, proposed reporting outcome may be different than current GAAP QUANTITATIVE/STATISTICAL SKILLS use in the development of – consolidated statements, foreign transactions and partnership accounting. CREATIVITY AND INNOVATION not a required aspect of the class but – a welcome addition ETHICAL ISSUES IN DECISION MAKING AND BEHAVIOR: If not ethical,
• Translate or remeasure a foreign subsidiary’s accounting statement into US GAAP • Apply the accounting principles for recognition and reporting for leases, revenue recognition and other pending GAAP revisions. • Document formation and termination of a partnership business 2. COMPETENCIES TO BE DEMONSTRATED IN THIS COURSE INCLUDE: 1. COMPUTER-BASED SKILLS: WORK PROCESSING – computer spreadsheets may be used by students to prepare their homework assignments SPREAD SHEET – templates used for homework assignments PRESENTATION SOFTWARE – may be used in this course DATA BASE MANIPULATION - Access may be used by students in this course but is not required INTERNET SEARCH SKILLS - may be used in this class to respond to end of chapter discussion questions and research project. AAA Commons FASB Codifications should be used to research GAAP issues COMMUNICATION SKILLS – This is a writing intensive course A. WRITTEN REPORT ORGANIZATION - used to present assignments, projects & cases REFERENCING –APA 6th ed to be used in research assignment, Perdue Owl.com is another reference provider. ORAL - students must participate in classroom discuss of the concepts, theory and application regarding the course’s objectives. Paper presentations use rubric for evaluation. INTERPERSONAL SKILLS: TEAM-BASED ABILITIES – INTRA-GROUP AND INTER-GROUP COOPERATION – team assignments may or may not be used in this class LEADERSHIP – students are expected to take the lead in discussion of various topics during the semester CONFLICT RESOLUTION – not a prescribed part of this class although students may engage in the resolution of differences when presenting materials. PROBLEM SOLVING (CRITICAL THINKING): CONCEPTUAL THINKING – students are expected to review SFAS guidance and demonstrate how the guidance impacts the course’s knowledge objective topics GATHERING AND ANALYZING DATA – again with the acquisition of SFAS guidance, proposed reporting outcome may be different than current GAAP QUANTITATIVE/STATISTICAL SKILLS – use in the development of consolidated statements, foreign transactions and partnership accounting. CREATIVITY AND INNOVATION – not a required aspect of the class but a welcome addition ETHICAL ISSUES IN DECISION MAKING AND BEHAVIOR: If not ethical,
acct5360_001_fischer_spring2018.docx