Course name: Financial Accounting Principles Course code: (BAT4M)

Grade: 12
Credits:1.0
Type: University / College Preparation
Language of Study: English
Prerequisites: BAF3M
Course description: Learn advanced accounting principles in business, financial statements for various forms of business ownership, and how those statements are interpreted in making business decisions. Preview Course
Interested in taking this course?
  • If you are a student already enrolled in an Ontario High School, please contact your school about taking courses with TVO ILC.
  • If your goal is to earn a high school diploma or if you are a homeschool student, an academic assessment of your application must be done before choosing courses, please visit Apply Now to start your application.
Prix normal
CAD $40.00
Prix réduit
$40.00
Prix unitaire
par 
Admin Fee

Course fees are partially subsidized for most Ontario residents. The administrative fee covers the cost for us to process your application.
Grade: 12
Credits:1.0
Type: University / College Preparation
Language of Study: English
Prerequisites: BAF3M
Course description: Learn advanced accounting principles in business, financial statements for various forms of business ownership, and how those statements are interpreted in making business decisions. Preview Course

Course fees are partially subsidized for most Ontario residents. The administrative fee covers the cost for us to process your application.

Interested in taking this course?
  • If you are a student already enrolled in an Ontario High School, please contact your school about taking courses with TVO ILC.
  • If your goal is to earn a high school diploma or if you are a homeschool student, an academic assessment of your application must be done before choosing courses, please visit Apply Now to start your application.

Course Overview

This course introduces you to advanced accounting principles that will prepare you for postsecondary studies in business. You will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This course expands your knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

Course Preview

Course Syllabus

1.1   Accounting fundamentals, principles, and practices

1.2   The accounting cycle

1.3   Ethical issues in accounting

1.4   Accounting in a computerized environment

1.5   Short-term assets

2.1   Periodic and perpetual inventory systems

2.2   Internal control objectives

2.3   Capital asset accounting: capital versus revenue expenditures

2.4   Amortization

2.5   A closer look at amortization

3.1   Characteristics of partnerships

3.2   Corporations

3.3   Dividend accounting

3.4   Income statement for a corporation

3.5   Preparing a balance sheet

4.1   Methods of financing

4.2   Financial analysis of a company and the cash flow statement

4.3   Analyzing annual reports

4.4   Financial analysis for decision making

4.5   Decision-making in accounting



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