Part 1 of the CICA Handbook - Accounting (IFRS) will be used to illustrate the evolving nature of accounting standards versus the static nature of the textbook.
- Current Liabilities and Contingencies
- Non-current Financial Liabilities
- Shareholders’ Equity
- Complex Financial Instruments
- Earnings per Share
- Accounting for Income Taxes
- Pensions and Other Employee Future Benefits
- Accounting for Leases
- Accounting Changes and Error Analysis
- Other Measurement and Disclosure Issues
- Preparation of a report that analyzes specific aspects of the annual report of a Canadian company that is listed on the Toronto Stock Exchange. To maintain academic integrity, a company once used cannot be reused for at least six semesters (two years).
Lectures and demonstration.
|Annual Report Project||10%|
|Assignments and/or quizzes||20%|
Midterm and final exam questions will be of the rigor found in professional accounting bodies’ examinations
STUDENTS MUST WRITE BOTH THE MIDTERM EXAMINATION AND THE FINAL EXAMINATION TO OBTAIN CREDIT FOR THE COURSE.
By the end of the course, the successful student should be able to:
- Describe the conceptual framework and its impact on accounting principles and practices;
- Analyze and record complex situations in accounting for current and non-current liabilities;
- Analyze and record complex issues related to accounting for equity;
- Account for errors and changes in accounting policy; and
- Integrate accounting theory, financial statement analysis, financial statement format and disclosure requirements in accordance with Part I of the CICA Handbook – Accounting (IFRS)
Lo Fisher. Intermediate Accounting Volume II, Latest Edition. Pearson Canada.; 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
No corequisite courses.
Courses listed here are equivalent to this course and cannot be taken for further credit:
- No equivalency courses
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
|Institution||Transfer Details||Effective Dates|
|Acsenda School of Management (ASM)||ASM ACCT 332 (3)||2013/09/01 to -|
|Athabasca University (AU)||AU ACCT 352 (3)||2013/09/01 to -|
|Camosun College (CAMO)||CAMO ACCT 211 (3)||2021/09/01 to -|
|Capilano University (CAPU)||CAPU BFIN 347 (3)||2013/09/01 to -|
|College of the Rockies (COTR)||COTR ACCT 374 (3)||2013/09/01 to -|
|Kwantlen Polytechnic University (KPU)||KPU ACCT 3410 (3)||2013/09/01 to -|
|North Island College (NIC)||NIC BUS 312 (3)||2017/09/01 to -|
|Simon Fraser University (SFU)||No credit||2013/09/01 to -|
|Thompson Rivers University (TRU)||TRU BBUS 3211 (3)||2013/09/01 to 2015/08/31|
|Thompson Rivers University (TRU)||TRU ACCT 3211 (3)||2015/09/01 to -|
|University Canada West (UCW)||UCW ACCT 3XX (3)||2013/09/01 to -|
|University of British Columbia - Vancouver (UBCV)||No credit||2013/09/01 to -|
|University of Northern BC (UNBC)||UNBC COMM 310 (3)||2013/09/01 to -|
|University of the Fraser Valley (UFV)||UFV BUS 344 (3)||2014/01/01 to -|
|University of Victoria (UVIC)||UVIC COM 3XX (1.5)||2013/09/01 to -|
|Vancouver Island University (VIU)||VIU ACCT 336 (3)||2013/09/01 to -|