Course Code: ACCT 2500
Academic Year: 2021-2022
This course will cover in more depth the introductory accounting concepts previously studied in the Introductory Financial Accounting sequence. The emphasis is placed on accounting theory and concepts and the analysis of special problems that arise in applying the underlying concepts to financial accounting concepts. Present-value concepts will be stressed throughout the course. This course will stress the use of the Canadian Institute of Chartered Accountants (CICA) handbook and its requirements with respect to disclosures and presentation. Students will interpret financial statements and make decisions concerning required adjustments to the financial statements.