This course examines the theory and practice associated with the accounting for long-term inter-corporate investments, business combinations, foreign currency operations, and not-for-profit organizations. Students will be expected to understand, interpret and critically evaluate generally accepted accounting principles related to these topics. Cases will be used to develop and apply judgment, critical thinking, and problem solving skills.

Requirements: This course is restricted to students enrolled in the 4th year of the Commerce Program.

Prerequisites: At least four courses in accounting from: COMM 111, COMM 112, COMM 311, COMM 312, COMM 313, or COMM 414.