Advanced Financial Accounting 

Course Description

The Advanced Financial Accounting course provides a comprehensive understanding of various accounting methods and practices. It begins by covering accounting for acquisitions using the fair value method and cost method, which are essential for evaluating the value of assets during acquisitions. The course then delves into the equity method, detailing how to account for investments in other companies where significant influence is exerted.

Furthermore, the course progresses to the complex topic of consolidation, focusing on scenarios where one company gains control over another. This section typically involves consolidating financial statements to present the group's financial position accurately. As the course advances chapter by chapter, it elaborates on the intricacies of consolidation, including handling intra-entity transactions that occur within the group of companies.