I define “advanced accounting” as “advanced topics for complex entities”. The definition is not limited to the conventional perception “consolidation”, but to incorporate all important “insightful” conceptual framework that each student needs to grab in order to adapt easily to the unpredictable era in which accounting standards can change instantaneously.
The course is going to be divided into two parts: concepts and techniques. To align with the government’s IFRS adoption plans, I will introduce advanced accounting following IFRS approach. My intention is to cover IFRS 3 (2008), IAS 27 (2008), IAS 28, IAS 21, IAS 39, IAS 32, IFRS 8 and so on. In addition, I will also introduce all important accounting techniques based on Beams et al., (2009) across all semester. However, I do not expect you to be the number cruncher who puts all your efforts in doing hundreds of exercises.