DALHOUSIE UNIVERSITY 
COMM 1101: Introductory Accounting I 
Comprehensive Revision Guide and Notes 2025 
 
Part 01: Revision Notes 
Part 02: Sample Examination 
Part 03: Suggested Solutions to Exam Paper 
Part 04: Study Tips for Students 
 
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Dalhousie University - COMM 1101: Introductory Accounting I (Financial)

C$25.00

ACADEMIC YEAR 2025 - 2026

University	Dalhousie University
Study Level	Undergraduate
Course Code	COMM 1101
Course Name	Introductory Accounting I (Financial)
Notes Title	Comprehensive Revision Guide and Notes
Page Length	81

Be fully prepared for every assessment in COMM 1101: Introductory Accounting I (Financial) at Dalhousie University with this updated exam-prep guide. It delivers a concise overview of core topics, plus exam-style questions and step-by-step solutions. To excel, use it to review and master essential concepts and principles, effectively practise solving problems, and understand the exam structure and common question types you’re likely to encounter. Designed for independent study and quick revision, this resource highlights frequent pitfalls and provides quick-reference summaries for efficient review.

This course introduces the principles and practices of financial accounting, focusing on how accountants process and communicate data for external users. Students will learn basic financial accounting methods, develop skills in analysis and procedures, and understand financial statements and their limitations. The course covers the accounting process, financial reporting issues, and disclosure requirements in both business and not-for-profit settings.

Key Areas of Focus:

Understand basic principles of financial accounting.
Prepare and analyze key financial statements.
Analyze and record financial transactions.
Manage and report inventory and merchandising activities.
Implement internal controls and manage cash and receivables.
Handle long-term and current liabilities, as well as shareholders' equity.
Prepare and understand the cash flow statement.

Note: Credit for COMM 1101 is not available to students who have completed COMM 2101 or MGMT 1101 (MGMT 2101).

COURSE CODE	COURSE NAME
COMM 1060	Introductory Statistics for Science and Health Sciences
COMM 1101	Introductory Accounting I (Financial)
COMM 1503	Introduction to Quantitative Decision Making
COMM 2202	Finance I
COMM 2203	Finance II
COMM 2303	Introduction to Organizational Behaviour
COMM 2401	Introduction to Marketing
COMM 2501	Statistics for Business
COMM 2603	Legal Aspects of Business
COMM 3105	Intermediate Financial Accounting I
COMM 3111	Intermediate Financial Accounting II
COMM 3116	Cost Management
COMM 3203	Financial Institutions
COMM 3206	Investment and Money Management
COMM 4240	Advanced Corporate Finance
COMM 4402	Derivatives
ECON 1101	Principles of Microeconomics
ECON 1102	Principles of Macroeconomics
ECON 2200	Intermediate Microeconomics
ECON 3338	Econometrics I
ECON 4440	Time Series in Economics

Dalhousie University - COMM 1101: Introductory Accounting I (Financial)

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