Advanced Financial Reporting

This course examines advanced financial reporting issues encountered in complex organizational and multi-entity environments. Topics include investments in associates, business combinations and consolidations, joint arrangements, foreign currency transactions and translation, hedge accounting, and specialized reporting areas such as segment reporting, earnings per share, and not-for-profit and public sector financial reporting. The course emphasizes the application and interpretation of Canadian financial reporting standards in realistic scenarios, encouraging students to develop professional judgment in their understanding and application. Students will focus on the preparation, computation, and analysis of complex financial statements in multi-entity contexts. The course also explores the information systems, data structures, tagging standards, and technology environments that support modern financial reporting and consolidation. A strong emphasis is placed on the case method to develop practical problem-solving skills in complex financial reporting contexts.