ACAF - Intermediate Financial Reporting 1

Course Information

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.

Intake W20 SEM

Start Date Jan 14 / 2020

End Date Apr 21 / 2020

Prerequisite(s):

n/a

Computer Software Requirements:

A computer is required for this course. Students will need reliable access to the internet. A Texas Instruments BAII Plus (Business Analyst) or equivalent calculator is required for this course.

Chats:

n/a

Group Work:

n/a

Registering college code:
NO-TBA

Host college code:
SH-ACAF70042

How to register

You can register in-person, by phone, fax or mail. When registering for a course, it is not necessary to include the 2 digit college code prefix (e.g. ENL 001–not NO-ENL001). For details call Monique Seguin at (705) 235-5366.

Contact

Michelle Nixon
Phone : (705) 235-3211 ext 2183
Email : ontariolearn@northern.on.ca

Highway 101 East
P.O. Box 3211
Timmins, ON
P4N 8R6

Phone : (705) 235-5366
Fax : (705) 235-7279

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