International Accounting and Financial Statement Analysis

Course ID
MAC 510
Term 1
ECTS Credits

International Accounting is the study of an entity reported as either a multinational company or an entity whose reporting obligations to stakeholders are located in a country other than that of the reporting entity. A detailed investigation on the convergence of US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) serves as a foundation for this course.

Also discussed are the effects of financial reporting, international taxation, and international financial statement analysis on a multinational reporting entity. Employing and critiquing the use of global accounting and auditing standards will integrate the student’s existing skills with domestic accounting standards.

Learning Outcomes:

  • Explain how international accounting differs from US accounting
  • Appreciate the historical development of international accounting
  • Identify several internal and external reporting issues that arise when business operations navigate national borders
  • Explain the difference between “fair presentation” and “legal compliance” under the discipline of accounting and relate said concepts to corresponding countries
  • Compare and contrast financial accounting systems for five of the highly developed economies of the European Union
  • Relate International Reporting Standards (IFRS) to US Generally Accepted Accounting Principles (GAAP)
  • Calculate international financial statement analysis for a multinational reporting entity
  • Discriminate global accounting and auditing standards with that of domestic standards
This website uses cookies, as outlined in our privacy settings. If you agree to our use of cookies, please close this message and continue to use this website.
AcceptPrivacy Settings

    Please refer to our privacy policy: