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ACCT 605

Business Accounting
Name: Business Accounting
Course Number: ACCT 605
Credit(s): 3

Course Description

ACCT 605 Business Accounting examines the complex and diversified issues of conceptual, practical, and theoretical nature that revolve around the “genetic” connection between accounting and business economics in many countries, referencing major scholars who have led the establishment and the development of such thought traditions. In this course, students learn the major issues about the relationship between accounting and business economics and emerging perspectives for future accounting research and practice. 

Learning Outcomes:

  • Critically analyze the relationship between accounting and business economics occurring in different countries.
  • Understand the conceptual roots of accounting through the theory of the firm and its raison d’être, rationales, and relationships with the firm, economics, and, ultimately, society.
  • Understand how a firm’s business model impacts accounting.
  • Critically analyze the debate on the conceptual underpinnings of a firm/group and its consequences from an accounting measurement perspective.

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