Course Code: ACCT612 Course ID: 4231 Credit Hours: 3 Level: Graduate
This course examines methods of international accounting concepts, practices, and issues. The course focuses on the accounting issues encountered by multinational companies engaged in international trade and invested in foreign operations. The course analyzes the global financial environment, foreign exchange market, foreign exchange risks, global financing and investment decisions. (Prerequisite: ACCT610)
|Registration Dates||Course Dates||Session||Weeks|
|11/30/20 - 04/30/21||05/03/21 - 06/27/21||Spring 2021 Session I||8 Week session|
|01/25/21 - 07/02/21||07/05/21 - 08/29/21||Summer 2021 Session B||8 Week session|
After successfully completing this course, you will be able to:
CO1. Examine the importance of international trade, foreign direct investment, and multinational corporations in the global economy.
CO2. Evaluate the differences between International Financial Reporting Standards (IFRS’s) and the U.S. Generally Accepted Accounting Principles (GAAP).
CO3. Distinguish between accounting methods, applications, and theories in financial translations.
CO4. Analyze issues in foreign financial statements and taxation processes.
CO5. Evaluate global and domestic taxation structures to attract foreign investment.
CO6. Critique multinational capital budgeting, comparative international auditing and corporate governance.
Method of Assessment
A. Tests & Paper
There will be two (2) tests in the course, a midterm and a final given in modules four and eight respectively. The tests in this class will consist of multiple choice questions and/or short answer problems. Tests will be three hours long and focus on the material covered in the course. Tests may be administered using the Examity test proctoring service. Please verify in the course announcements and/or the Lessons tab if the course will use test proctoring. It is the student’s responsibility to notify the instructor and the test proctoring service regarding any schedule changes or non- disability related accommodations. The course will have a comprehensive paper that will measure student understanding of the course objectives along with research and writing skills. Please refer to the APA Manual 6th edition for the format of the paper.
Course assignments will be a series of exercises, problems, and simulations. Assignments will have a specific due date with specific instructions. Please refer to the APA Manual 6th edition for the format of the assignments, if applicable. Late assignments will be subject to the university’s Late Work/Make-up Policy detailed in the student handbook. Please be advised the instructor reserves the right to implement their own late assignment policy.
Throughout the term, quizzes will be given in several modules to test student understanding of the material. Quizzes will consist of questions, problems, or simulations. Please be advised the instructor reserves the right to implement their own late assignment policy.
D. Discussion Forums:
Participation in the discussion forums is an essential component of the final grade. All students are expected to engage in lively discussions and answer instructor follow-up questions. The quality of participations along with student netiquette will be a part of the grade.
Assessment of the Course Objectives
1 - 6
Test question, assignment, discussion, and quiz
The following distribution will be used in assigning grades (decimal points will be rounded to the nearest whole number at semester’s end).
Quality Points/Grading Percent
4.0/ 100 – 94
3.67/ 93 – 90
3.33/ 89 – 87
3.0/ 86 – 84
2.67/ 83 –80
2.33/ 79 – 75
0.0/ 74 – 0
|Week 2 Forum||2.00 %|
|Week 3 Forum||2.00 %|
|Week 5 Forum||2.00 %|
|Week 6 Forum||2.00 %|
|Week 7 Forum||2.00 %|
|Week 1 Assignment||5.00 %|
|Week 2 Assignment||5.00 %|
|Week 3 Assignment||5.00 %|
|Week 5 Assignment||5.00 %|
|Week 6 Assignment||5.00 %|
|Week 7 Assignment||5.00 %|
|Quiz One||3.33 %|
|Quiz Two||3.33 %|
|Quiz Three||3.33 %|
|Quiz Five||3.33 %|
|Quiz Six||3.33 %|
|Quiz Seven||3.33 %|
|Final Assessment||10.00 %|
|Week 8 Paper||10.00 %|
Websites and Videos
In addition to the required course texts, the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources. Note website addresses are subject to change.
- Textbook Companion Website
- American Psychological Association (APA) Style Website
- Purdue Online Writing Lab
- Turnitin Website
|Book Title:||Students are required to authenticate themselves with a proctor service for certain assessments in this course. Authentication requires access to a computer with a webcam, microphone, and speakers or headset. Instructions provided i|
|Book Title:||International Accounting, with Connect, 5th ed. (You can purchase Connect access through the classroom once your session begins. With that purchase, you will receive digital access to the textbook)|
|Publication Info:||McGraw Hill|
|Author:||Doupnik, T. and Hector Perera|
|Electronic Unit Cost:||$173.50|
Not current for future courses.