University of Illinois Urbana-Champaign 3-4 credits Accountancy
Current authoritative accounting standards and applications to accounting practice. Topics do not represent the full range of financial reporting issues, but are selected based on relevance of the underlying business transaction, complexity of the topic, consistency of applicable standard with underlying reporting concepts, and transferability of the standard to other accounting issues. 3 undergraduate hours. 3 or 4 graduate hours. Credit is not given toward graduation for both ACCY 410 and ACCY 506 or ACCY 532. Prerequisite: ACCY 303 or consent of department.
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