This course is concerned with the accounting issues posed by complex financial transactions and organisational structures. It looks at the issues concerning the accounting for various extended entities, such as corporate groups, associated entities and joint venture arrangements. Other relevant accounting and reporting issues for large corporations are addressed such as segment reporting. Finally, complex issues such as accounting and reporting requirements for foreign currency transactions, off-shore operations, and financial instruments are addressed. Careful treatment of these issues is essential to fairly determine the income and financial position of particular business entities.