** Indicates rolling admission application process. Students will be immediately notified of acceptance into this program and be able to complete post-decision materials prior to the term's application deadline.
Jan 30, 12:30-1:20pm, PACCAR Hall 456
Feb 8, 12:30-1:20pm, PACCAR Hall 456
Earn Accounting 490 elective credit while living and exploring in Rome for three weeks! This program allows accounting students to study abroad while being able to complete required coursework, participate in summer internships, and not miss Autumn Quarter.
This program is specifically designed for Accounting majors at the Foster School of Business. Students will take an upper division accounting elective that satisfies the Accounting option’s one elective course requirement. This program is a great fit for students that thought they could not study abroad because of the rigorous and lock-step nature of the accounting program. It is also a great opportunity for accounting majors to explore the complex international dimensions of accounting!
In addition to class sessions that generally will be interactive and case-based, students will have the chance to visit companies in Rome. The course is enhanced by being taught in an international context because students will experience firsthand some of the cultural differences that are discussed in class. Students will have the opportunity to interact with professionals at companies with financial statements that are prepared under IFRS, including visits to PWC Italy and EY Italy. Company visits will also enable students to ask questions about and explore career paths in international accounting.
On top of learning about international accounting, students will also have a chance to explore Rome! The program will include cultural visits to the Colosseum, the Vatican and more.
This program will be based at the University of Washington Rome Center, housed in the beautiful and historic Palazzo Pio in the heart of Rome. Built on the foundations of the Theater of Pompey, ancient Rome's first permanent theater (dedicated in 55 B.C.), the seventeenth-century palace incorporates a medieval tower and adjoins the Campo de' Fiori, site of Rome's most attractive open-air market. The Center offers full access to UW's online resources, a specialized library, and classroom facilities.
The UW Rome Center arranges apartments for the program located in the Trastevere, Parione or Regola neighborhoods which are all within a 15 minute walk from the UW Rome Center. The apartments generally accommodate between three and five students and every apartment has a kitchen so you can cook meals at home. The walk between the apartments and the UW Rome Center, where class is held, is safe and absolutely beautiful! It gives you the chance to get to know two very famous neighborhoods in Rome.
Prerequisites and Language Requirements
This course requires ACCTG 301. Preference will be given to students who have completed higher level accounting courses (ACCTG 302, 303, etc). There are no language requirements.
5 UW Credits
ACCTG 490: International Accounting (5 Credits)
Although not adopted by the U.S., International Financial Reporting Standards (IFRS) are the most common basis for preparing financial statements worldwide (over 110 countries are currently committed to IFRS and the number is growing). This course examines the substantive differences between IFRS and U.S. financial reporting standards and the effects of these differences on companies’ financial statements.
Learning goals include:
The learning goals of this course are:
1) to enhance the students’ understanding of U.S. involvement in the development and use of international financial reporting standards
2) to complement the students’ knowledge of U.S. financial reporting standards with knowledge of IFRS
3) to expand the students’ professional career opportunities with respect to international companies and U.S. multinational companies with international subsidiaries.
Students will be assessed through a combination of case discussions, tests, and a group project.
D. Shores, Accounting, Program Director
D. Shores is an Associate Professor of Accounting in the Michael G. Foster School of Business at the University of Washington. UW was her first academic appointment after finishing her doctoral studies at Stanford University, and she is still here almost 32 years later.
D.’s teaching area of interest is financial accounting. She has taught nearly every level possible at UW: Freshman Interest Group, Sophomore level introductory accounting class, Junior level intermediate accounting classes (301 and 302), daytime and evening MBA financial reporting classes, Ph.D. accounting research seminars, and Professional and Continuing Education intensive accounting classes.
Internationally, D. has led an MBA study tour to Germany, Belgium, and France and has taught International Accounting in the Foster Rome Program during Summer 2015. This is the first time International Accounting will be taught as an Exploration Seminar in Rome. firstname.lastname@example.org
Theresa Maloney, Foster School of Business, Staff Director
Theresa studied abroad at the UW Rome Center when she was an undergraduate student and fell in love with Rome. She then returned at the end of her undergraduate career to be the UW Rome Center intern. Theresa has worked in study abroad at UW for many years and has acted as Staff Director for the Foster Rome Program in 2015, 2016 and 2017. She speaks Italian and enjoys sharing her passion for Italy with students. email@example.com
Estimated Program Fee: $4600
Included in the program fee:
$450 Study Abroad Fee
$300 Foster Study Abroad Fee
Program activities and program travel
Not included in the program fee:
Airfare (average price subject to when and where your buy your ticket - $$1,300-$1,700)
Food (about $40/day)
UW Student Abroad Insurance ($1.74/day)
Other health expenses/immunizations
Personal spending money
Payment Due Date: October 13, 2018
Program fees will be posted to your MyUW student account and can be paid the same way that you pay tuition and other fees. Check your MyUW Account periodically for due dates.
A large percentage of UW students utilize financial aid to study abroad. Most types of financial aid can be applied to study abroad fees.
You can submit a revision request to increase the amount of aid for the quarter you are studying abroad. These additional funds are usually awarded in the form of loans. To apply, fill out a revision request form, attach the budget sheet (available via the link at the top of this brochure) and submit these documents to the Office of Student Financial Aid. For more information about this process, consult the Financial Aid section of our website.
Consult the Financial Aid section of our website for more information on applying for financial aid, special considerations for summer and early fall programs, and budgeting and fundraising tips.
There are many scholarships designed to fund students studying abroad. The UW administers a study abroad scholarship program and there are national awards available as well.
Scholarships vary widely in their parameters. Some are need-based, some are location-based, and some are merit-based.
For UW Study Abroad Scholarships fill out a short questionnaire on your UW Study Abroad program application to be considered. You must apply by the priority application deadline for the program in order to be considered for a scholarship. Click the Overview tab to view application deadlines.
The study abroad application includes a personal statement, three short answer questions, one recommendation from a professor or TA, and electronic signature documents related to UW policies and expectations for study abroad. Following the online application process, you may be contacted by the program director for an in-person interview. Once an admission decision has been made regarding your application, you will be notified by the study abroad system via email.
To be eligible to study abroad, you must complete the mandatory pre-departure orientation facilitated by UW Study Abroad. You must also attend program-specific orientations offered by the program director.
You must register for the UW Study Abroad orientation. You can visit the Orientation section of our website to view the current schedule and to register for an orientation session.
Orientation must be completed prior to the enrollment deadline for the quarter that you are studying abroad.
UW Study Abroad is not responsible for obtaining visas for study abroad program participants. The cost and requirements for obtaining visas vary. It is your responsibility to determine visa requirements for all countries you plan to visit while abroad including countries that you plan to visit before or after your study abroad program. This is an especially important consideration if you are planning to do more than one study abroad program. You can research visa requirements by calling the consular offices of those countries or checking the following website: http://travel.state.gov/content/passports/english/country.html.
Note: If you are not a U.S. citizen, consult the embassy or consulate of the countries you will visit to learn their document requirements. You can check the following website to find contact information for the consulate of the country you will be visiting: https://www.state.gov/s/cpr/32122.htm.
For non-U.S. citizens, the procedures that you will need to follow may be different than those for U.S. citizens. It is important to initiate this process as soon as possible in order to assemble documents and allow time for lengthy procedures.
The University of Washington is committed to providing access and reasonable accommodation in its services, programs, activities, and education for individuals with disabilities. To request disability accommodation for this program, contact Disability Resources for Students at least 8 weeks in advance of your departure date. Contact info at disability.uw.edu.
$350 of the total program fee and the $450 UW Study Abroad Fee are non-refundable once a contract has been submitted. Students withdrawing from a program are responsible for paying a percentage of the program fee depending on the date of withdrawal. More details about the withdrawal policy are included in your payment contract. No part of the program fee is refundable once the program has begun. The date of withdrawal is considered the business day a withdrawal form is received by UW Study Abroad. Notice of withdrawal from the program must be made in writing by completing the following steps:
Provide notice in writing to the program director that you will no longer be participating in the program.
Submit a signed withdrawal form to UW Study Abroad.
Visit the Withdrawals section of our website for more information.