This accounting elective is designed for MAcc students as a capstone course in financial accounting. The course covers the rules for financial disclosures under the U. S. Securities and Exchange Commission and is meant to expose students to the financial reporting processes followed by public companies. The fundamentals of the following processes will be covered: earnings releases; quarterly reporting; annual reporting; proxy statements; comment letters and company responses; benefit plan reporting; working with the Division of Corporation Finance and working the Division of Enforcement. Hot topics in SEC reporting and advanced disclosure topics, such as special areas of revenue recognition, management’s discussion and analysis, asset retirement obligations, leasing, corporate restructurings, business acquisitions/spin offs, forward looking statements and disclosures about market risk will be covered. Prerequisite: BACC 2254 and BUSACC 1238 Scheduled for: Fall Term.