Course description
This course builds on the foundation of accounting techniques and theory covered in Accounting 1110 and 1210 or Accounting 1235. The focus will be an in-depth study of assets and revenues. Topics will include current assets, capital assets, and investments. Additional topics will include the conceptual framework for financial reporting, and the measurement of revenue. The course includes a group case analysis that requires the integration of ACCT 3310 material with material from the course prerequisites.
Learning activities
Lectures, seminars and demonstrations.
All methods of instruction apply to in class, hybrid and/or online modes of learning.
Means of assessment
The course evaluation is consistent with the Douglas College Evaluation Policy.
| Assignment(s) and/or test(s) |
20% |
| Case analysis |
10% |
| Midterm(s) |
20%-35% |
| Final Examination |
30%-40% |
| |
100% |
Students must write both the midterm examinations and the final examinations to pass the course.
To pass this course, students must obtain a minimum of 50% on invigilated assessments, with the 50% calculated on a weighted average basis.
Invigilated assessments include, in-class test(s), midterm examination(s) and the final examination.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
Learning outcomes
At the end of the course, the successful student should be able to:
- examine and discuss in depth the conceptual framework of accounting and its relationship to accounting principles and practice;
- analyze and record complex situations in asset accounting, both current and long term;
- analyze and record complex issues related to the accounting for revenue and expense recognition;
- examine and discuss in-depth the accounting for special items affecting the statements of income and retained earnings;
- integrate accounting theory, financial statement analysis, financial statement format and disclosure requirements in accordance with the CPA Handbook.
Textbook materials
Lo Fisher. Intermediate Accounting Volume I, Latest Edition. Pearson Canada.; or, Kieso et al. Intermediate
Accounting Volume I, Latest Edition. John Wiley and Sons.; or, other textbooks as approved by the
department.
Instructor compiled materials (if applicable)
Only Faculty of Commerce and Business approved calculators may be used for tests and examinations
Lo Fisher. Intermediate Accounting Volume I, Latest Edition. Pearson Canada.; or, other textbooks as approved by the department.
Instructor compiled materials (if applicable)
Only Faculty of Commerce and Business Administration approved calculators may be used for tests and examinations