MCGILL UNIVERSITY 
ACCT 352: Intermediate Financial Accounting 2 
Comprehensive Revision Guide and Notes 2026 
 
- Part 01: About This Guide 
- Part 02: Sample Examination 
- Part 03: Suggested Solutions to Exam Paper 
- Part 04: Study Tips for Students 
 
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McGill University - ACCT 352: Intermediate Financial Accounting 2

C$25.00

ACADEMIC YEAR 2025 - 2026

University	McGill University
Study Level	Undergraduate
Course Code	ACCT 352
Course Name	Intermediate Financial Accounting 2
Notes Title	Comprehensive Revision Guide and Notes
Format	PDF
Page Length	37

Discover a comprehensive and easy-to-understand set of notes covering all examinable topics for ACCT 352: Intermediate Financial Accounting 2 at McGill University. These notes offer essential information on the exam format, content, and key concepts to focus on. The guide provides a logical structure for course topics, emphasizing crucial concepts and methods, and includes initial examples for illustration. By utilizing this all-inclusive study material, you can quickly grasp course content, practice with exam-like questions, and access provided solutions.

A continuation of Intermediate Financial Accounting 1. An examination of liability recognition, measurement and disclosure, including leases, pension costs and corporate income tax. Shareholders' equity, dilutive securities and earnings per share. The statement of changes in financial position, basic financial statement analysis and full disclosure in financial reporting.

Key Areas of Focus:

Understand and manage non-financial and current liabilities.
Analyze long-term financial liabilities.
Explain and assess shareholders' equity.
Evaluate complex financial instruments.
Calculate earnings per share accurately.
Understand and apply accounting for income taxes.
Assess pensions and other employee future benefits.
Account for leases correctly.
Apply methods for accounting changes and error analysis.

Prerequisites: ACCT 351 and MGCR 341.

COURSE CODE	COURSE NAME
ACCT 351	Intermediate Financial Accounting 1
ACCT 352	Intermediate Financial Accounting 2
ACCT 361	Management Accounting
CACF 210	Introductory Financial Accounting
CACF 215	Introductory Managerial Accounting
CACF 310	Intermediate Financial Reporting 1
CACF 325	Intermediate Financial Reporting 2
BUSA 364	Business Law 1
ECON 208	Microeconomic Analysis and Applications
ECON 230D (1&2)	Microeconomic Theory
ECON 209	Macroeconomic Analysis and Applications
FINE 441	Investment Management
FINE 342	Corporate Finance
FINE 442	Capital Markets and Institutions
ECON 337	Introductory Econometrics 1
FINE 443	Applied Corporate Finance
FIN 448	Financial Derivatives
MATH 324	Statistics
MGCR 211	Introduction to Financial Accounting
MGCR 222	Introduction to Organizational Behaviour
MGCR 271	Business Statistics
MGCR 341	Introduction to Finance
MGCR 352	Principles of Marketing
MGSC 372	Advanced Business Statistics
MATH 423	Applied Regression

McGill University - ACCT 352: Intermediate Financial Accounting 2

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