o Evaluate the reasons business combinations occur and the accounting implications of such transactions. o Critique the development of International Accounting Standards and the implications for US corporations. o Measure the accounting for foreign currency and its translation. o Assess the proper accounting for transactions with respect to deferred taxes and leases using the accounting codification and other accounting research tools. o Justify the proper accounting for transactions with respect to accounting changes and error corrections using the accounting codification and other accounting research tools o Evaluate the proper accounting for transactions with respect to interim and segment reporting using the accounting codification and other accounting research tools