GLOBAL BUSINESS AND ACCOUNTING ISSUES

Focuses on accounting issues relevant to international business operations, including international accounting standards, foreign exchange and related hedging transactions, conversion of foreign currency financial statements and international tax issues; also, the challenges businesses face in a global environment arising from economic, social, technological, and political factors. Includes an international trip (at additional cost) with on-site visits to organizations and cultural experiences within the countries visited. Students can take the class without going on the trip. Prerequisite: AC 304 or equivalent; permission of instructor.