Course
Discontinued
No
Course code
ACCT 4890
Descriptive
Business Applications
Department
Accounting
Faculty
Commerce and Business Administration
Credits
3.00
Start date
End term
Not Specified
PLAR
No
Semester length
15 weeks
Max class size
30
Course designation
None
Industry designation
None
Contact hours
4 Hours/week
Method(s) of instruction
Hybrid
Online
Lecture
Learning activities
In this course, students engage in a variety of learning activities such as lecture, group work, case studies, and team-based exercises.
Course description
This comprehensive course addresses the current and emerging challenges faced by accounting professionals. Covering financial and managerial accounting, sustainability aligned with the UN Sustainable Development Goals (SDGs), emerging technologies—including the strategic implementation of artificial intelligence in accounting practices—ethics, and information systems, students will develop the skills needed to navigate and lead change within a rapidly evolving business environment. Leveraging competencies gained from prerequisite courses, students will refine their workplace skills in communication, critical thinking, information management, problem-solving, teamwork, and ethics. All learning is delivered through case analysis, enabling students to evaluate real-world scenarios and apply practical solutions. Content may vary each semester, adhering to the most pressing and debated issues at the time the course is offered.
Course content
The course may cover a range of topics, including but not limited to:
-
Financial reporting under Canadian GAAP and analysis for performance evaluation.
-
Managerial accounting, including budgeting, variance analysis, incremental costing for decision-making, product costing and pricing strategies.
-
Sustainability reporting, application aligned with the UN Sustainable Development Goals (SDGs), and ethical considerations.
- Strategic implementation of emerging technologies, such as artificial intelligence, in accounting practices
-
Information systems, including systems assessment, requirements, and internal controls
-
Accounting for complex financial events, including revenue recognition, asset valuation adjustments, and measurement of financial performance.
- Risk management and audit procedures within a changing legal and regulatory landscape
- Trends and debates in contemporary accounting issues
Learning outcomes
Upon successful completion, students will be able to:
- Analyze and evaluate real-world business scenarios through case-based methods, applying knowledge from financial and managerial accounting, audit, taxation, and information systems
- Demonstrate effective communication of financial analysis, findings, and recommendations to diverse stakeholders
- Integrate emerging technologies, including AI, to enhance operational efficiency and decision-making
- Apply sustainability principles and ethical considerations in accounting practices
- Develop critical thinking, information management, and problem-solving skills for dynamic business environments
- Collaborate effectively within teams, showcasing professionalism and ethical judgment in complex scenarios
- Assess risks, controls, and regulatory requirements within diverse organizational contexts
Means of assessment
Assessment will be based on course objectives, and will be carried out in accordance with the Douglas College Evaluation Policy. The following is a summary of the evaluation components:
| Group case studies (minimum four) | 50% |
| Individual presentation on technical content | 20% |
| Final Exam - case analysis | 30% |
| Total | 100% |
Students must complete the individual presentation and write the final exam to pass the course.
Textbook materials
Published accounting case studies to be purchased by students.
Other resources to be determined by instructor and appoved by Accounting Department.
Prerequisites
((ACCT 1235 or ACCT 1110 & 1210 ) AND (ACCT 2320)) or ACCT 3008.
Corequisites
None
Equivalencies
None