Acc3704
Create templates in your notebook. By week 8, you should be able to draw these tables with your eyes closed.
The module typically covers high-level accounting standards, including: Business Combinations:
The module's emphasis on reflects the realities of modern multinational business operations. As companies continue to operate across borders and through complex corporate structures, the skills developed in ACC3704 become increasingly valuable.
For students pursuing a Bachelor of Business Administration (Accountancy) at the National University of Singapore (NUS), ACC3704, formally known as , is a pivotal course. It represents the culmination of the financial accounting sequence and is designed to equip students with the expertise needed to tackle the most complex and nuanced issues in modern financial reporting. This article provides an exhaustive look at ACC3704, covering its curriculum, key topics, teaching methodology, assessment structure, professional recognition, and essential student resources. acc3704
ACC3704 addresses the for investments where the investor has significant influence but not control. This includes understanding the practical application of SFRS(I) standards for associates and distinguishing between joint operations and joint ventures.
ACC3704 serves as the final step in a progressive financial accounting track at the National University of Singapore (NUS), succeeding ACC1701, ACC2707, and ACC2708.
is a rigorous upper-level undergraduate course offered at the National University of Singapore (NUS) Business School. This critical core module bridges foundational financial accounting concepts and the complex realities of global corporate financial reporting. It is designed specifically for accounting majors preparing for careers in auditing, corporate finance, financial analysis, and regulatory oversight. Create templates in your notebook
Calculating the transferred (including cash, equity shares, and contingent considerations).
The course utilizes a system. Classes are fully face-to-face with no hybrid or recorded Zoom streams, emphasizing synchronous, active learning. Seminars blend traditional lecturing with interactive tutorial walkthroughs. Component Breakdown ACC3704 Advanced Corporate Accounting and Reporting
A ensures:
Date: May 5 Post Ref: GJ1 Debit: 500 Balance: 500 DR
: Measuring business goodwill at the acquisition date using both the full goodwill and partial goodwill methods, alongside subsequent impairment testing under SFRS(I) 3 / IFRS 3. 2. Complex Equity Holdings and Joint Arrangements
: Handling balances and transactions between entities within the same group. As companies continue to operate across borders and
ACC3704 covers roughly 15 major standards in one semester. In a professional context, you would have months to implement IFRS 16; in this course, you have two weeks.