UNIVERSITY OF BRITISH COLUMBIA 
COMM 450 - Financial Accounting: Intermediate II 
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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(COMM 450) Financial Accounting: Intermediate II

C$25.00

ACADEMIC YEAR 2025 - 2026

University	University of British Columbia
Study Level	Undergraduate
Course Code	COMM 450
Course Title	Financial Accounting: Intermediate II
Notes Title	Comprehensive Revision Guide and Notes
Page Length	37

Prepare with confidence for the COMM 450 Financial Accounting: Intermediate II final examination at the University of British Columbia. This guide explains how the paper is structured and marked, so you know what examiners look for and where marks are gained or lost. You will practice the core question formats with realistic sample papers, complete with fully worked solutions and clear, step-by-step explanations. It also flags common errors and shows you how to avoid them, with targeted hints and revision tips to help you study efficiently and perform under timed conditions.

COMM 450 is the second of two courses in corporate financial reporting. Students should expect to further develop their understanding of (i) the methods and procedures used in financial reports, and (ii) the conceptual bases for those methods. Students are expected to attain a level of understanding equal to that of a professional accountant at the level of entry into the profession as identified in the CPA Competency Map.

Key Areas of Focus:

Apply accounting standards and procedures using accrual accounting methods for liabilities, equities, and the cash flow statement.
Apply accounting theory to explain accounting standards and practices.
Evaluate accounting alternatives and recommend accounting policies by applying the conceptual frameworks for financial reporting and accounting theory.

* Prerequisite: COMM 353.

COURSE CODE	COURSE TITLE
COMM 191	Application of Statistics in Business
COMM 192	Management and Organizational Behaviour
COMM 293	Financial Accounting
COMM 294	Managerial Accounting
COMM 296	Introduction to Marketing
COMM 298	Introduction to Finance
COMM 353	Financial Accounting: Intermediate I
COMM 370	Corporate Finance
COMM 371	Investment Theory
COMM 393	Commercial Law
COMM 450	Financial Accounting: Intermediate II
COMM 474	Fixed Income Markets and Management
COMM 475	Investment Policy
ECON 101	Principles of Microeconomics
ECON 102	Principles of Macroeconomics
ECON 301	Intermediate Microeconomic Analysis I
ECON 303	Intermediate Microeconomics II
ECON 325	Introduction to Econometrics I
ECON 326	Introduction to Econometrics II
ECON 345	Money and Banking
PSYC 218	Analysis of Behavioural Data
STAT 203	Statistical Methods
STAT 300	Intermediate Statistics for Applications
STAT 443	Time Series and Forecasting

(COMM 450) Financial Accounting: Intermediate II

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