ACCT 1210

Students will further develop their skills in preparing financial statements in accordance with Canadian Generally Accepted Accounting Principles (GAAP). Students will learn recognition and measurement techniques for liabilities, shareholder's equity and investments as well as accounting for partnerships and corporations and preparing cash flow statements. Students will analyze and interpret financial statement results. This course is designed to be preceded by ACCT 1110, which covers the accounting cycle and the assets side of the balance sheet. For graduation purposes a maximum of 6 credits can be obtained for any combination of ACCT 1110, ACCT 1210 and ACCT 2293. Note: This is a Pathway Level 3 course option.