DIITCTG BBA,Advanced Accounting

DIITCTG BBA,Advanced Accounting

COURSE DESCRIPTION

This course deals with various concepts and procedures needed for preparation of financials statements under the following specialized topics: installment sales accounting, accounting for long-term construction contract, franchise accounting, home office and branch accounting, accounting for companies undergoing liquidation and accounting for joint ventures.



LEARNING OBJECTIVES

At the end of the semester, the students are expected to:

• Prepare financial statements of a company engaged in long-term construction contract

• Prepare financial statements of a company using installment sales

• Prepare financial statements of a company involved in franchise agreement from the point of view of the franchisor

• Prepare financial statements of a company with home and branch

• Prepare financial statements of a company involved in a joint venture agreement

• Prepare financial statements of a company undergoing liquidation