The course content basically focuses on International Accounting System. It is aimed at making students’ to understand the practice of international accounting, the causes of diversity in accounting practices around the world, and the consolidation and presentation of financial statements of foreign companies as regards issues in international accounting appropriate at this level. The course portrays accounting with global dimension of its implication in modern realities. As the world becomes a global village, the need to harmonize accounting standards becomes more intense, so as to facilitate mutual understanding and cooperation among nations.