Course

Business Applications

Faculty
Commerce & Business Administration
Department
Accounting
Course Code
ACCT 4890
Credits
3.00
Semester Length
15 weeks
Max Class Size
30
Method(s) Of Instruction
Lecture
Online
Hybrid
Typically Offered
To be determined

Overview

Course Description
In this comprehensive business applications course students apply the ACAF Method to scenarios that deal with financial accounting, management accounting, finance, ethics, communication, taxation, audit and information systems issues. Competencies gained from pre-requisite courses will be used to refine workplace skills relating to communication, management and analysis of information, routine problem solving, personal management and teamwork and accounting ethics
Course Content

The following technical skills will be included in comprehensive business applications where students will be required to applying the ACAF Method where applicable and effectively communicate the findings:

  • Revenue and relevant cost analysis, as well as look at control weaknesses in an accounting system.
  • Adjusting journal entries, cost-volume-profit analysis, tax reporting and remittances
  • Financial statement and ratio analysis, ethics, analysis of systems requirements, uncertainty and capital budgeting.
  • Knowledge of responsibility centres, financial statement analysis and pro forma statements, as well as accounting information systems implementation.
  • Technical topics such as due diligence, audit planning and audit evidence.
  • Skills relating to audit, financial statement preparation, revenue recognition, accounting for leases, corporate income tax issues, and potential synergies in the situation.
  • Technical skills in financial statement preparation, revenue recognition, accounting for leases, business combinations, consolidated financial statements and the calculation of corporate income tax.
Learning Activities

Lectures and/or on-line

Means of Assessment
Individual and group assignments and presentation (s) 30%
Mid-term Exam 30%
Final Exam 40%

Students must write both mid-term and final exam 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 quizzes, in-class tests, midterm exam(s) and the final exam.

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 this course, the successful student, through individual and team work, should be able to:

  • Apply technical competencies gathered in financial accounting, management accounting, finance, ethics, communication, taxation, audit and information systems issues to problem solving scenarios
  • Use the ACAF Method to analyze and evaluate real-world situations
  • Identify relevant stakeholders and provide useful financial information as needed. 
  • Demonstrate good teamwork and communication skills
Textbook Materials

Resources to be determined by instructor and appoved by CPA (ACAF) or Accounting Department.

Requisites

Prerequisites

ACCT 3370, ACCT 3420, ACCT 3470, ACCT4510, ACCT 4750, CSIS 2200 and FINC 2340, with a grade "C" or better in each course.

Corequisites

Courses listed here must be completed either prior to or simultaneously with this course:

  • No corequisite courses

Equivalencies

Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

Course Guidelines

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.

(Current)

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca

Institution Transfer Details for ACCT 4890
Athabasca University (AU) AU ACCT 4XX (3)
College of the Rockies (COTR) COTR ACCT 3XX (3)
Coquitlam College (COQU) No credit
Kwantlen Polytechnic University (KPU) KPU ACCT 3XXX (3)
Simon Fraser University (SFU) No credit
University Canada West (UCW) UCW ACCT 4XX (3)
University of Northern BC (UNBC) UNBC COMM 3XX (3)
University of Victoria (UVIC) UVIC COM 2XX (1.5)

Course Offerings

Summer 2023