SIMON FRASER UNIVERSITY 
BUS 320: Financial Accounting - Asset 
Final Examination Guide and Notes 2026 
 
- Part 01. About This Guide 
- Part 02. Sample Final Examination Paper 
- Part 03. Suggested Solutions to Final Exam Paper 
- Part 04. Final Examination - Hints and Tips 
 
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Simon Fraser University - BUS 320: Financial Accounting - Asset

C$25.00

ACADEMIC YEAR 2025 - 2026

University	Simon Fraser University
Study Level	Undergraduate
Course Code	BUS 320
Course Name	Financial Accounting - Asset
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	38

Studying BUS 320: Financial Accounting - Asset at Simon Fraser University? This comprehensive guide keeps your revision focused on the topics most likely to come up in the final exam. It explains what the exam usually tests, what strong answers look like, and how to avoid common mistakes. You’ll get exam-style questions with full solutions, step-by-step workings, and clear explanations so you can see exactly how to set out your method and pick up marks quickly.

BUS 320 Financial Accounting - Assets is an in-depth course that explores accounting methods, challenges, and limitations related to assets, emphasizing alternative valuation bases and their impact on income. It integrates theory and practice to address the treatment of assets, with a strong focus on quantitative analysis. Prerequisites include BUS 251 with at least a C- grade and completion of 45 units.

Learning Outcomes:

Understand the regulatory framework for financial reporting in Canada.
Explain the fundamental concepts guiding financial reporting standards.
Apply measurement principles and present value concepts in financial reporting.
Analyze methods for reporting financial performance.
Interpret financial position and cash flow statements.
Describe criteria and methods for revenue recognition.
Manage and account for cash and receivables effectively.
Evaluate inventory valuation methods and their impact on financial statements.
Assess accounting treatment and disclosures for debt and equity securities.

COURSE CODE	COURSE NAME
BUS 232	Data and Decisions I
BUS 233	Introduction to Business Law and Ethics
BUS 251	Financial Accounting I
BUS 272	Behaviour in Organizations
BUS 312	Introduction to Finance
BUS 315	Investments
BUS 316	Derivative Securities
BUS 320	Financial Accounting: Assets
BUS 321	Financial Accounting: Equity
BUS 322	Intermediate Managerial Accounting
BUS 341	Fundamentals of Marketing
BUS 410	Financial Institutions
BUS 413	Corporate Finance
ECON 103	Principles of Microeconomics
ECON 105	Principles of Macroeconomics
ECON 201	Microeconomic Theory I: Competitive Behavior
ECON 233	Introduction to Economic Data and Statistics
ECON 333	Statistical Analysis of Economic Data
STAT 270	Introduction to Probability and Statistics
STAT 485	Applied Time Series Analysis

Simon Fraser University - BUS 320: Financial Accounting - Asset

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