ACCT 663 Accounting Theory: Research and Policy (4)

This course examines the conceptual framework for accounting, as well as the rationales underlying topics related to income determination, asset valuation and other complex and emerging accounting issues. Contributions to accounting thought are studied from both normative and positive perspectives. The course seeks to develop an appreciation for the impact of accounting theory on practice and policy. The course also addresses international financial reporting issues and the issues surrounding the development of a global set of accounting standards. Prerequisite(s): Graduate student status or permission of instructor.