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This course introduces students to fundamental financial and managerial accounting concepts. Students will create the major financial statements utilized by organizations by performing journal entries based on economic transactions. Students will also study the behaviour of costs, costing systems, and interpret variances and control. Students will also prepare various budgets and utilize the balanced scorecard in terms of strategies and matching performance measures. Successful completion of this course (with a minimum grade of 65%) will qualify as an approved credit towards the academic component of the Certified Human Resources Professional designation (CHRP), or Certified Human Resources Leader designation (CHRL), granted by the Human Resources Professional Association (HRPA). Please visit www.hrpa.ca for details.
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