Accounting Theory and Policy

Code: OLRN1007

Course description

This is an advanced course in Accounting Theory and although it does not ignore the institutional structure of accounting and standard setting, it is presented with a view toward a theoretical orientation with contributions from other disciplines including economics and finance. Standards such as reserve recognition, management discussion and analysis, employee stock options, post employment benefits, financial instruments, ceiling tests, hedge accounting and comprehensive income are critically evaluated. Integration of Canadian and U.S. standards with those of the International Accounting Standards Board is presented to facilitate the transition toward the adoption of IASB standards in 2011 for public companies. Practical and theoretical problems of the present value model, foreign exchange accounting, the process and issues related to standard setting, agency theory and other topics relevant to current events are discussed. Students will be able to select appropriate accounting policies for the specialized industry they find themselves working in upon graduation.

Course details

Hours: 42
Credits: 3
Prerequisites: None
Corequisites: None
 
Start Date
Day/Time
Delivery
Campus
Cost
Availability
Start Date: May. 7, 2019
Day/Time:
Delivery: Online
Campus: Online
Cost: $432.06
 
End date: Aug. 20, 2019
Hours: 42
Credits: 3
Prerequisites: None
Corequisites: None
Equivalent to: None

Please note: This course is offered through OntarioLearn. To review important information such as textbook, exam and grade information, visit the OntarioLearn Information web page.

Not all courses are offered each term. Spring 2019 registration opens February 4, 2019. Fall 2019 registration opens July 8, 2019.