Taught in English. Effective Fall 2017, not open to SU Management School majors. Many of the topics in an international accounting course have a domestic counterpart. However, new factors and complications arise in the international arena. Some of these are (1) laws, practices, customs, cultures, and diversity of competitive circumstances; (2) risks associated with fluctuating exchange rates, differential rates of inflation, and unstable property rights; and (3) variations in taxes and tax rates. International accounting discusses issues from the perspective of companies that have internationalized their finance and/or operations. It also has a comparative aspect, comparing accounting across countries. It also deals with convergence of worldwide financial reporting standards. (TU #40510093)
Class taught by Tsinghua’s School of Economics & Management and may not be available every semester. Tsinghua’s exam schedule for this course may require students to stay beyond the regular SU Beijing program end-date.
Registration restriction: Closed to SU Management School majors.
Prereq: Introductory accounting or financial accounting course