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BAF3M - Financial Accounting Fundamentals

20 Hours

Online - Live Teacher

1.0

Course Credit

110 Hours

Course Hours

10 Weeks

Course Length

Grade 11

Grade

Class Mode

  • 1 on 1 (One Teacher to One Student)
  • 1 on 2 (One Teacher to Two Students)
  • 1 on 4 (One Teacher to Four Students)
  • ​1 on 6 (One Teacher to Six Students)

Prerequisite

None

Course Detail

This course introduces students to the fundamental principles and procedures of accounting. Students will develop financial analysis and decision-making skills that will assist them in future studies and/or opportunities in business. Students will acquire an understanding of accounting for a service and a merchandising business, computerized accounting, financial analysis, and ethics and current issues in accounting.
 


Fundamental Accounting Practices

Overall Expectations
By the end of this course, students will:

  1. describe the discipline of accounting and its importance for business;
  2. describe the differences among the various forms of business organization;
  3. demonstrate an understanding of the basic procedures and principles of the accounting cycle for a service business.
     

Advanced Accounting Practices

Overall Expectations
By the end of this course, students will:

  1. demonstrate an understanding of the procedures and principles of the accounting cycle for a merchandising business;
  2. demonstrate an understanding of the accounting practices for sales tax;
  3. apply accounting practices in a computerized environment.
     

Internal Control, Financial Analysis, and Decision Making

Overall Expectations
By the end of this course, students will:

  1. demonstrate an understanding of internal control procedures in the financial management of a business;
  2. evaluate the financial status of a business by analysing performance measures and financial statements;
  3. explain how accounting information is used in decision making.
     

Ethics, Impact of Technology, and Careers

Overall Expectations
By the end of this course, students will:

  1. assess the role of ethics in,and the impact of current issues on,the practice of accounting;
  2. assess the impact of technology on the accounting functions in business;
  3. describe professional accounting designations and career opportunities.

More please click : BAF3M - Financial Accounting Fundamentals
 

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