Scribd
Upload
219 views2 pages

Advanced I Course Outline

This document outlines the course details for an Advanced Accounting I course offered at Hawassa University. The course is worth 3 credits and has prerequisites in Financial Accounting II. The course covers topics like partnership accounting, including formation, operations, and dissolution of partnerships. It also covers joint ventures, agency relationships, branch accounting, installment contracts, and consignment sales. The course references two textbooks: Modern Advanced Accounting and Advanced Financial Accounting.

Uploaded by

Samuel Debebe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
219 views2 pages

Advanced I Course Outline

This document outlines the course details for an Advanced Accounting I course offered at Hawassa University. The course is worth 3 credits and has prerequisites in Financial Accounting II. The course covers topics like partnership accounting, including formation, operations, and dissolution of partnerships. It also covers joint ventures, agency relationships, branch accounting, installment contracts, and consignment sales. The course references two textbooks: Modern Advanced Accounting and Advanced Financial Accounting.

Uploaded by

Samuel Debebe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 2

Hawassa University

School of Management and Accounting


Department of Accounting

COURSE TITLE: Advanced Accounting I COURSE CODE: ACFN 411


ACADEMIC YEAR: 2008/2009 CREDITS: 3
INSTRUCTOR: Andinet A. & Kassahun B. PRE-REQUISITE: Financial
Acct II

Chap Chapter Topic


No.
I PARTNERSHIP ACCOUNTING
1.1. Partnership organization and operation
1.1.1Characteristics and principles of partnership
1.1.1. Choosing between partnership and corporation
1.1.2. Types of partnership
1.1.3. Partnership provisions in Ethiopia
1.1.4. Partnership versus partners
1.2. Accounting for formation and operations
1.2.1Owners’ equity accounts
1.2.2Loans to and from
1.23Valuation of investment of partners
1.2.4Income sharing arrangements
1.2.5Changes in personnel
1.2.6Questions exercises, cases, and problems
1.3. Accounting for dissolution and liquidation
1.3.1Conditions for dissolution and liquidation
1.3.2Distribution of loss or gain
1.3.3Distribution of cash
1.3.4Settlement of partners’ capital balances
1.3.5Questions, exercises, cases, and problems
II JOINT VENTURE
2.1.Characteristics and historical background
2.2. Single versus joint venture
2.3. Accounting for a joint venture
III AGENCY AND PRINCIPAL, HEAD OFFICE AND BRANCH
4.1. Characteristics and principles
4.2. Distinguishing agency and branch
4.3. Accounting for sales agency
4.4. Accounting for branch
4.5.Reciprocal accounts and their reconciliation
4.6.Transaction between branches
4.7.Billings of merchandise to branch
4.8.Combined financial statements – Consolidation
4.9.Accounting for foreign branches and foreign currency translations

1
IV INSTALMENT CONTRACT SALES
5.1. Characteristics and principles
5.2. Methods of recognition of profit on installment sales
5.3. Accounting for branch
5.4. Reciprocal Accounts and their reconciliation
5.5. Transaction between branches
5.6. Billings of merchandise to branch
5.7. Combined financial statements – Consolidation
5.8. Accounting for foreign branches and foreign currency translations

V CONSIGNMENT SALES
6.1. Definitions
6.2. Distinguishing sales on consignment and regular sales
6.3. Accounting for consignor and consignee
6.4. Allocating costs on partial sales
6.5. Questions, exercises, cases, and problems

TEXT-BOOK(S)
NO Text-book Title Author(s) Ed. Year
1 Modern Advanced Accounting Meig, Mosich and Larson 2nd
2 Advanced Financial Accounting Baker, Lembke,King 4th
Other books on advanced accounting

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy