Acc417Fall 09


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THE UNIVERSITY OF ILLINOIS AT CHICAGO College of Business Administration Department of Accounting Accounting 417 – Advanced Financial Accounting Fall 2009 Instructor: Yehia A. Salama, MAcc, MS, MA, PhD Office: 2312 University Hall Phone: (312) 413 - 1532 Office Hours: Tuesday and Thursday 12:30 – 2:00 pm, and by appointment. Prerequisite: Accounting 316: Intermediate Financial Accounting II. From the Accounting Department Mission Statement: The accounting department is committed to quality educational programming, research pursuits and community service. We significantly contribute to the College of Business Administration’s mission to create new knowledge, new business, new value and new leaders for Chicago and the world beyond. Students admitted to our degree programs must show the potential and demonstrate proficiency in contemporary management skills such as information technology, communication techniques and teamwork. The program will promote a prospective of the global economy and cultural diversification necessary for the knowledge worker of the 21 century. Course Objectives: The main objectives of this course are to further the understanding of fundamental concepts and principles underlying financial reporting, to assist students in comprehending and applying complex accounting principles and concepts, to further develop skills in preparation and use of accounting information, and to develop basic skills in applied accounting research. After completion of the course, the student should posses a working knowledge of consolidated financial statements prepared in accordance with current accounting standards, and the ability to solve advanced financial accounting problems. Catalog Description:
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