This course in Advanced Accounting will emphasize the following accounting topics: recording and reporting of inter-corporate investments and business combinations, consolidation of subsidiaries, foreign currency transactions, foreign operations reporting, and financial reporting in the not-for-profit sector. Standard setting both internationally and in Canada will be discussed relating to IFRS and ASPE. Professional judgment and the ability to apply conceptual principles and accounting policies will be developed and enhanced so that students may embark on a successful career in the accounting profession. Textbook Required.