ACCT 297 - Spring-Term Topics in Accounting

Credits: 4
Planned Offering: Spring

Prerequisites: ACCT 201 and others which may vary by topic. Intensive study of specific accounting issues in significant detail. Pedagogy depends on the specific topic but generally emphasizes discussion, research, fieldwork, projects, or case analysis rather than lecture. Specific course content changes from term to term, and is announced prior to preregistration. May be repeated for degree credit if the topics are different.

Spring 2015 topic:

ACCT 297: Accounting and Corporate Financial Distress (4). Prerequisites: Open to sophomores with ACCT 201 and 202 and others with instructor consent. We examine the connection between financial reporting and individual company financial distress; using the financial statements of one of the companies that have recently experienced financial distress (e.g., Bear Sterns, Lehman Brothers, AIG, Circuit City, Chrysler, GM, Enron, WorldCom, Adelphia). Our analysis includes an intensive examination of financial accounting principles, regulatory structures, and standard setting relevant to the company in question. Wiest.