FINC10055 - ACAF - Intermediate Financial Reporting 2

Course Description

Students build on introductory financial accounting skills and focus primarily on the liabilities and equities section of the statement of financial position. Students explore current and long term liabilities, leases, pensions and post-employment benefits, corporate income taxes, shareholders' equity, complex debt and equity instruments, earnings per share, accounting changes, cash flow statement, financial statement analysis as well as any related income statement effects. Through a combination of various learning techniques including interactive lectures, inquiry based learning and in-class problem solving students develop the ability to prepare external financial statement components and disclosure consistent with Canadian generally accepted accounting principles.