Corporation & Partnership Accounting

BACC 401 –Corporation and Partnership Accounting

Basic Information

Course Title:                          Corporation and Partnership Accounting
Code:                                     BACC 401
Hours:                                    Lecture: 3 hours          Credit Hours: 3          
Prerequisite(s):                      BACC 302
Academic Year / Level:        Year: 3            Term:

1-Course Description and Overall Objectives:

This course focuses on accounting for partnership entities and Corporations. It describes general matters relating to the partnership form of business organization, including partnership formation, accounting for partnership operations, and accounting for changes in ownership interests. A special kind of partnership, the limited partnership, which is frequently used in professional partnerships, is described also. It also covers matters relating to dissolution and liquidation of partnerships. The course, also, covers investments in stocks and bonds related to corporations.

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