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Course Description

Financial accounting examines the role of accounting as the language of business. Financial Statements are examined from a user and preparer perspectives. The various steps and processes of the accounting cycle are completed. The principles directed from ASPE and IFRS are contrasted in the preparation and presentation of financial statements. Key accounts are analyzed showing relationships between statements, to assess reasonability of amounts reported, and ultimately to the congruence of the bigger story being told.

Prerequisites

None

Equivalents

None

Course Hours

42

Credit Value

3
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