Credits: 3 credits
Students develop the skills necessary to prepare and analyze the financial statements of a public corporation. Topics include the conceptual framework; accounting standards; the accounting cycle; financial statements; internal control, cash and bank reconciliations; short-term investments and receivables; inventory; long-term assets including intangibles; liabilities including bonds payable; shareholders' equity, dividends, and share repurchases; comprehensive income and the statement of shareholders' equity; statement of cash flows; and financial statement analysis.
Prerequisite: English 12/English 12 First Peoples with a minimum of 73% or equivalent
Note: Students cannot receive credit for more than one of ACCT 1000, ACCT 1030, ACCT 1210/1220, ACCT 1211/1221, ACCT 2211, BBUS 2210 or BBUS 2211
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