Akuntansi Keuangan Lanjutan salin 3

Advanced Financial Accounting is a course that delves deeper into the principles, standards, and practices of accounting beyond the basics. Here’s a summary of key topics typically covered: Consolidation of Financial Statements: This topic includes the preparation of consolidated financial statements for a group of companies, including the parent and its subsidiaries. It involves understanding how to combine the financial results and accounting methods of different entities, Business Combinations and Mergers: Focuses on accounting for mergers, acquisitions, and other business combinations, including the application of the purchase method and goodwill recognition, Foreign Currency Transactions and Translation: This involves accounting for transactions in foreign currencies and the translation of foreign subsidiaries' financial statements into the reporting currency of the parent company. Leases: Advanced accounting for leases, including the classification of leases (operating vs. finance), lease recognition, and accounting for both lessees and lessors. Pensions and Other Post-Employment Benefits: This topic covers the accounting treatment for employee benefits, particularly pensions and post-retirement obligations, including the calculation of pension liabilities and related expenses. Revenue Recognition: The advanced understanding of various revenue recognition principles, including complex contracts, long-term projects, and multiple-element arrangements, in line with accounting standards like IFRS and US GAAP. Derivatives and Hedge Accounting: This includes the use of financial instruments such as options, futures, and swaps, as well as the complex accounting requirements for hedging activities. Fair Value Measurement: Understanding the use of fair value accounting for various assets and liabilities, including how to measure fair value and the disclosure requirements. Changes in Accounting Estimates and Errors: This topic deals with the correction of accounting errors and changes in accounting estimates, and the effects of these changes on financial statements. Segment Reporting: Covers the disclosure requirements for different segments of a company, as well as how to allocate revenues, costs, and assets to various business segments.

This course often requires a solid understanding of both national and international accounting standards and focuses on more complex and detailed accounting procedures, preparing students for professional roles in financial reporting and analysis.