Advanced accounting (FA4 hereafter) is designed to help students develop their knowledge and critical thinking skills in the area of financial reporting for mergers and acquisitions, segment and interim reporting, foreign currency transactions, translation of foreign currency financial statements, accounting for legal reorganizations and liquidations and partnerships. It is the fourth class in a sequence of courses dealing with financial reporting. FA4 buildings on the material covered in Principles of Accounting (FA1), Intermediate Financial Accounting II (FA2) and Intermediate Financial Accounting III (FA3).

Advanced Accounting (International Edition) by Hoyle, Schaefer and Doupnik, 13th edition, McGraw-Hill, ISBN: 978-981-4714-50-1.