UNIVERSITY OF MANITOBA 
ACC 2010: Intermediate Accounting - Assets 
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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University of Manitoba - ACC 2010: Intermediate Accounting (Assets)

C$25.00

ACADEMIC YEAR 2025 - 2026

University	University of Manitoba
Study Level	Undergraduate
Course Code	ACC 2010
Course Name	Intermediate Accounting - Assets
Notes Title	Final Examination Guide and Notes
Page Length	38

Studying ACC 2010: Intermediate Accounting - Assets at the University of Manitoba? 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.

ACC 2010: Intermediate Accounting - Assets examines financial reporting in detail, equipping students to not only understand but also apply accounting principles (GAAP) to assets, revenues, and expenses. The course explores the core framework of financial reporting, focusing on recognizing, presenting, and disclosing transactions. It also unpacks the key differences between IFRS and ASPE, ensuring a well-rounded grasp of these critical accounting standards. By the course's end, students will possess a strong understanding of financial accounting concepts, the ability to analyze accounting issues and recommend policies, and the skills to apply accounting standards in real-world situations.

Main topics to be covered:

Canadian Financial Reporting Environment
Conceptual Framework
Accounting Information System
Reporting Financial Performance; Financial Position and Cash Flows
Revenue Recognition
Cash and Receivables
Inventory
Investments
Property, Plant & Equipment: Basics
Depreciation, Impairment, Disposition
Intangible Assets and Goodwill

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 2010: Intermediate Accounting (Assets)

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