UNIVERSITY OF MANITOBA 
ACC 1100: Introductory Financial Accounting 
Final Examination Guide and Notes 2026 
 
- Part 01: Revision Notes 
- 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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University of Manitoba - ACC 1100: Introductory Financial Accounting

C$25.00

ACADEMIC YEAR 2025 - 2026

University	University of Manitoba
Study Level	Undergraduate
Course Code	ACC 1100
Course Name	Introductory Financial Accounting
Notes Title	Final Examination Guide and Notes
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in ACC 1100: Introductory Financial Accounting at the University of Manitoba. It highlights the essential information you need to understand and apply the course material effectively, helping you build a solid grasp of financial accounting principles. The content is structured to support exam preparation by showing you what to focus on and how to apply your knowledge in typical questions. Use these notes as a reference to strengthen your understanding of each topic and improve your performance in the final examination.

This course covers the Accounting Information System and Cycle, emphasizing the importance of Adjusting Entries for accurate financial representation. It further explores Ratio and Comparative Analysis, shedding light on interpreting financial statements effectively. Topics also cover the management of Cash and Bank Accounts, handling Receivables, and managing Inventory and Cost of Goods Sold. Understanding Long-lived Assets, Investments, Liabilities, and Shareholders' Equity are crucial components discussed, empowering students to interpret the Statement of Cash Flows and make informed decisions across various business domains.

Throughout the course, you will be expected to:

be able to interpret financial statements and derive information to support decision-making;
have an understanding of financial accounting concepts and the way concepts are applied in preparing financial statements;
be aware of the existence of alternative accounting treatments and the need to exercise judgment in deciding on the treatment appropriate in a specific situation;
and, be able to prepare financial statements, including balance sheet, income statement, statement of retained earnings and cash flow statement.

COURSE CODE	COURSE NAME
ACC 1100	Introductory Financial Accounting
ACC 2010	Intermediate Accounting – Assets
ACC 2020	Intermediate Accounting – Equities
ACC 3040	Cost Accounting
ACC 4030	Accounting Theory
ECON 1010	Introduction to Microeconomic Principles
ECON 1020	Introduction to Macroeconomic Principles
ECON 2010	Microeconomic Theory 1
ECON 2040	Quantitative Methods in Economics
ECON 3040	Introduction to Econometrics
ECON 4490	Macroeconometrics for Policy Analysis
FIN 2200	Corporate Finance
FIN 3410	Investments
FIN 3460	Financial Markets and Institutions
FIN 3480	Corporate Finance Theory and Practice
FIN 4270	Options and Futures
GMGT 2070	Organizational Behaviour
LAW1102	Contracts
MKT 2210	Fundamentals of Marketing
STAT 1000	Basic Statistical Analysis 1
STAT 3490	Time Series Analysis

University of Manitoba - ACC 1100: Introductory Financial Accounting

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