Addresses advanced accounting topics that fall into three general categories: specialized and complex aspects of accounting and financial reporting for inter-corporate transactions — and in particular, mergers and acquisitions; translation and remeasurement of foreign currency subsidiary statements; and accounting for derivative instruments. Understanding of these topics is critical for preparers and users as they can materially affect practically every financial statement line item. Prerequisites: ACCT 3311, ACCT 3312. Reserved for Cox majors.