This course provides in-depth coverage of the accounting standards required for corporate financial reporting for both public and private enterprises. It introduces students to the Canadian accounting environment and the concepts and principles from which Generally Accepted Accounting Principles (GAAP) have grown. Specific emphasis is given to the major asset categories found on corporate balance sheets through extensive coverage of cash, accounts receivable, inventories, capital assets and investments. Other topics covered in detail include current liabilities, revenue and expense recognition, and the statement of cash flows.
Course Instructor
Amy MacFarlane