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ACAF - Intermediate Financial Reporting 1

Code:
ACCT 3080

Students build on their introductory financial accounting skills and focus primarily on the asset section of the statement of financial position. Students explore general financial statement presentation (statement of financial position, income statement, cash flow statement), revenue and expense recognition and specific components of the asset side of the statement of financial position (cash, receivables, notes receivable, temporary and long-term investments in debt and equity securities, inventory and capital assets), as well as their related Income statement effects. Through a combination of various learning techniques including interactive lectures, inquiry based learning and in-class problem solving students develop the ability to prepare external financial statement components and disclosure consistent with Canadian generally accepted accounting principles.

Notes:

CPA has discontinued the ACAF credential moving forward. Only those already registered in the program are currently eligible to enroll in courses toward this credential. For further information, please call (905) 721-3052.

A Texas Instruments BAII Plus (Business Analyst) or equivalent calculator is required for this course. A minimum grade of 60% is required in this course to be considered for the ACAF National Exam eligibility


Equivalents:

  • ACCT 3280
  • ACCT 4280

Prerequisites:

  • ACCT 2080 ACAF - Introductory Financial Accounting

Scheduled Dates

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CRN Day Date Time Hours Location Fee Availability
1071812-MAY-20 to 18-AUG-2012:00 am - 12:01 am63Online $500.11
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