Course description

This course covers an in-depth analysis of topics related to liabilities and shareholders' equity in accordance with generally accepted accounting principles (GAAP) as codified in CPA handbook. The course includes the current and long-term liabilities, shareholders' equity, complex financial instruments, pensions and other employee future benefits, income taxes, leases, calculation of earnings per share and the preparation of cash flow statements for more complex situations. Along with the integration of the International Financial Reporting Standards (IFRS) and their comparison with Accounting Standards for Private Enterprises (ASPE) for different topics, this course help to understand, prepare and use financial information by linking education with the 'real-world’ accounting environment.

Course details

Hours: 56
Credits: 4
Prerequisites: ACCT8185
Corequisites: None

Build courses into a credential

This course is part of the following program(s):


Credit transfer

Have you taken this course or an equivalent course? Contact the Credit Transfer Office.

Registration dates

Not all courses are offered each term.

Spring 2024 registration opens March 11, 2024. Fall 2024 registration opens July 22, 2024.

Delivery options

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