International Accounting

International Accounting

専門教育科目

Major Courses

国際商経学部

2年

KCCBG2MCA1

2単位

講義 (Lecture)

2024年度前期

(Spring semester)

Bishnu Kumar Adhikary

School of Economics and Management

英語

目標1／目標2

09:00-12:00
Room A317 (Research Building 1)
School of Economics and Management

By appointment (adhikarykobejp@gmail.com)

2◎／3◎／4◎

1◎／2◎／3◎

1-1◎／1-2◎

目標１:磨き続ける力／目標３:協働する力／ー

This course intends to familiarize students with similarities and dissimilarities in recording and reporting financial transactions in international business. To this tune, the course will review IFRS/IAS, US GAAP, and Japanese GAAP and figure out some key differences between them with respect to reporting format and procedural treatment of the accounting items. Furthermore, the course will discuss accounting treatments for joint ventures, mergers and acquisitions, transfer pricing, foreign exchange reporting, and international IPOs. After completing this course, students will learn how to enter into the international market along with recording and reporting international business transactions.

International business, joint venture, franchising, mergers and acquisitions, foreign exchange translation, International IPOs

L#1: Introducing GAAP and IFRS/IAS- development of accounting standards 
L# 2: Comparing Japanese GAAP and current IFRS adoption in Japan.
L#3: Characteristics of accounting information- styles of presentation of financial information- annual ESR and financial report- disclosure principles.
L#4: Methods to enter into an international market
L# 5: Accounting for Joint Ventures.
L# 6: Recording and reporting of equity capital
L# 7: Assignment discussion
L# 8: Recording and reporting of investment
L# 9: Accounting for mergers and acquisitions
L# 10: Foreign exchange translation
L# 11: Transfer pricing
L# 12: Business combinations
L# 13: Case presentation by students
L# 14:  Case presentation by students
L# 15: Final report.          

International Accounting by Timothy Doupink, Mark Finn, Giorgio Gotti, and Hector Perera, 6^th edition, 2024, McGraw-Hill, ISBN: 13: 9781264556991

1. International Accounting and Multinational Enterprises, 6^th edition by Lee H. Radebaugh, Sidney J. Gray, Ervin L. Black, 2006, Wiley & Sons, Inc., ISBN:978-0-471-65269-4
2. Comparative International Accounting, by Christopher Nobes & Robert Parker, 13e, 2016, Pearson Education Inc., ISBN: 13: 978-1292081908
3. International Accounting, by Frederick D.S. Choi, and Gary K. Meek, 7e, 2011, Pearson Education Inc., ISBN: 13: 978-0-13-231149-6

In this course,  students must study the PowerPoint slides in advance to prepare for the class. The course includes assignments, presentations, and a final report. Some assignments should be done in a team and to be presented in the classroom. Before starting every session, the instructor will supply all necessary reading materials and PowerPoints. So, students must study for 2 hours before and after the sessions. Students should spend at least 60 hours outside the classroom to achieve good grades in this course.

Active learning tools are mainly lectures,  assignments, and cases. To run the class smoothly, PowerPoint slides will be given to the students before delivering each lecture so that they can make the necessary preparations for the upcoming class. The instructor will first discuss procedural treatment of the selected accounting topics and then solve several problems in the classroom to help increase the quantitative skill of students. Afterward, students must solve prescribed exercises and cases at home and submit them to the instructor for feedback. Also, students should present cases in a team. 

Attendance, 15%
Assignments, 20%
Presentation, 25%
Final report, 40%

In the classroom

This is an advanced-level course in accounting. Students should have a basic knowledge of financial accounting.