Sep 24, 2023  
University of Alberta Calendar 2021-2022 
University of Alberta Calendar 2021-2022 [ARCHIVED CATALOG]

ACCTG 416 - Accounting Theory and Current Issues

★ 3 (fi 6) (either term, 3-0-0) Major concepts and current issues in accounting thought are examined in an interactive setting. Topics include: the conceptual framework, standard-setting, concepts of income and value, accounting’s role in capital markets and in contracts such as for lending and compensation, and recent and emerging issues related to financial and managerial accounting information. Prerequisites: ACCTG 414 or 412; FIN 301. Open only to fourth-year Business students, or by consent of the Department Chair. There is a consolidated exam for ACCTG 416.