This course examines the international dimension of financial reporting and analysis. It provides students with an in-depth look at the multinational enterprise and the preparation and presentation of financial statements in different nations. Topics covered include international corporate taxation, transfer pricing, foreign currency translation, financial disclosure, and international accounting harmonization. Prerequisite: FIN 5805.

( GMP 5805 OR FIN 5805 )

A. Entrance Competencies

Through prior undergraduate and graduate courses, the student will already be familiar with the major concepts and theories of:

1) National accounting concepts and procedures.
2) Presentation and analysis of financial statements.
3) The elements of financial management.
4) Major differences between countries in economic approaches to financial reporting.

B. Exit Competencies

1) An understanding of harmonization and standardization.
2) Functional currencies and their presentation.
3) Financial Accounting Standards Board pronouncements regarding foreign investment financial reporting.
4) Accepted presentation of consolidated financial statements of multi-national enterprises.
5) The ability to analyze and compare U.S. and foreign financial statements.
6) Development of international financial accounting standards.
7) An understanding of the International Accounting Standards and the role of the International Accounting Standards Board.

1. Required Materials


1. Textbooks

International Accounting - 6.Edition - 2008
Frederick D. Choi, Gary K. Meek
Prentice Hall (Pearson)
ISBN: 0131588141



APA Manual
Effective October 1^st 2009, the 6th edition of the APA Manual is required for all courses.

NSU Bookstore
Textbooks and Case Studies may be purchased from the NSU Bookstore (located in the University Park Plaza) by calling 1-800-509-2665 or online at http://www.nsubooks.bkstore.com.



2. Recommended Materials

Recommended Materials:

1.) Arpan & Radebaugh (2nd ed.). International Accounting and Multinational Enterprises

2.) Nobes and Parker, Comparative International Accounting, Fifth Edition, Prentice Hall, 1998

3.) The Wall Street Journal

4.) FASB Accounting Standards -- Original Pronouncements

5.) AICPA Accounting Standards -- Original Pronouncements

The NSU libraries comprise the Alvin Sherman Library, Research, and Information Technology Center, East Campus Branch Library, Health Professions Division Library, Law Library and Technology Center, North Miami Beach Branch Library, University School Library Media Centers, and the William S. Richardson Ocean Science Library. Students are strongly encouraged to visit one of the physical locations and/or take advantage of the vast electronic library available for research. For more information, please visit http://www.nova.edu/library.

Please note that all required and recommended materials should be referenced in APA style.