ADMN 254: Intermediate Accounting II. This course builds on the financial accounting skills that you acquired in Financial Accounting I and Intermediate Accounting I.
Intermediate Accounting II is an intermediate-level course that focuses on the liabilities and equities side of the statement of financial position along with topics such as accounting for income taxes, leases, employee benefits, earnings per share and accounting changes* (adapted from CPA)
Prerequisites: ADMN 251 or equivalent with a grade of 'C'or better.
Accessibility Services Notice
standard statementCourse Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 75 |
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Typical hours per week breakdown| Lecture | 5 |
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Outcomes
Upon successful completion of this course, the learner will be able to:
- select, supported with reasons, an appropriate accounting policy;
- measure an event follow the selected accounting policy;
- prepare necessary journal entries to record an event;
- identify deficiencies in the formal financial statements and propose, with reasons for them, appropriate changes;
- value and present the Liability and Equity Sections of the entity, using calculations;
- preparing the formal financial statements using Generally Accepted Accounting Principles (ASPE or IFRS) as guidelines; and
- develop problem-solving and decision-making skills based on case / scenario problems. Teaching and Learning Approach
Grading Table
Academic and Career
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
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