This course is a continuation of COMM 311. Specifically, this course examines the theoretical underpinnings and accounting decision-making related to such topics as long-term debt, pensions, leases, complex financial instruments and accounting for income taxes. IFRS and its implications play an important part of the discussion in every topic.

Prerequisites: COMM 311

Restrictions: This course is restricted to students enrolled in the 3rd or 4th year of their program.