This course covers topics related to assets which were introduced in the introductory courses. Topics are covered in more depth and with greater emphasis placed on theoretical and conceptual background than in the introductory courses. The part I course also covers the classified Statement of Financial Position and reporting of financial performance using the Income Statement, Statement of Comprehensive Income, Statement of Retained Earnings and Statement of Changes in Equity. Generally accepted accounting principles for private entities (PE GAAP or ASPE) as well as International Financial Reporting Standards (IFRS) for publicly accountable entities will be compared.
Have you taken this course or an equivalent course? Contact the Credit Transfer Office.
Not all courses are offered each term.
Fall 2024 registration opens July 22, 2024. Winter 2025 registration opens November 4, 2024.In person: classes held in person on a campus/site in a classroom/lab/shop/studio for the course duration
Online - Asynchronous: 100% online delivery, no scheduled day or time course requirements with the instructor, assigned due dates
Online - Synchronous: 100% online delivery, scheduled day and time course requirements with the instructor, assigned due dates
Hybrid: any combination of in person, timetabled, on campus, online, and hyflex delivery