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Accounting Theory at University of Phoenix
The University of Phoenix offers to its students a course in Accounting titled Accounting Theory (ACC 593). This course prepares the students for successfully fulfilling their responsibilities as the Accountants of tomorrow.
In this course, the students are taught about the nuances of accounting such as standard setting measurement, and related recognition issues too. Also, the basic features of accounting information have been included in the course structure of Accounting Theory (ACC 593), in order to cover all the vital aspects of accounting theory the students must know.
The main topics covered by the Accounting Theory (ACC 593) being conducted by the University of Phoenix comprise of Objectives of Financial Reporting, Conceptual Framework of Accounting, Financial Accounting Standards Board (FASB) and Generally Accepted Principles of Accounting (GAAP). These topics make the students aware of the fundamentals of Accounting.
Apart from them, the Accounting Theory (ACC 593) also covers some relatively advanced topics related to Finance, such as Financial Reporting and Financial Statements. Further, the course focus moves to Elements of Financial Standards, and finally describes the International Standards related to Accounting Theory.
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