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