Financial Accounting 2

Course Code: BACC 200

Academic Year: 2020-2021

This course is designed to build on previous concepts in BACC 150. The course provides a detailed study of the accounting for various items appearing on a balance sheet, their control and effect upon related items of income and expense. Also included are the accounting differences for each type of business entity. On completion of this course, students will be able to understand, in a practical situation, the accounting function and the use of the information generated. Students will complete a set of books and records of a small business using the Simply Accounting program. Please note that students who choose to take an online section of this course must write the final exam in person, at either the Humber North or Lakeshore campus, or ,if located more than 100km from the campus, through an approved proctoring facility. Any costs associated with this are the sole responsibility of the student.