UNIVERSITY OF OTTAWA

ADM 3340: Intermediate Accounting II

Comprehensive Study and Exam Preparation Guide 2026

Part 01: About This Guide

Part 02: Sample Examination Paper

Part 03: Detailed Solutions and Explanations

Part 04: Proven Exam Strategies and Tips

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ADM 3340: Intermediate Accounting II [University of Ottawa]

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ACADEMIC YEAR 2026 - 2027

University	University of Ottawa
School	Telfer School of Management
Course Code	ADM 3340
Course Name	Intermediate Accounting II
Notes Title	Comprehensive Study and Exam Prep. Guide
Format	PDF
Page Length	37

Prepare for the ADM 3340: Intermediate Accounting II final exam at the University of Ottawa with the most comprehensive exam guide available for this course; including exam-style questions and advice on common examination pitfalls. You will gain a clear understanding of how the final exam will be assessed and structured, as well as the likely style and range of questions that may appear on the actual exam. The purpose of this guide is to provide a logical structure for the topics that make up the course, and to provide initial examples to which the concepts and methods are applied.

ADM 3340: Intermediate Accounting II focuses on advanced topics that build upon the foundation established in ADM 2342. Key areas of focus include Intangible Assets and Goodwill, Non-Financial and Current Liabilities, Long-Term Financial Liabilities, Shareholders' Equity, Complex Financial Instruments, Earnings Per Share (EPS), Accounting Changes and Error Analysis, and the Statement of Cash Flows. This course emphasizes financial reporting across varied organizational activities such as financing, investment, marketing, production, R&D, taxes, compensation arrangements, procurement, leases, obligations, pension funding, mergers and acquisitions, and HR development.

As a progression from ADM 2342, ADM 3340 addresses advanced accounting concepts, placing particular importance on the application of professional judgment and generally accepted accounting principles (GAAP). Students learn to make detailed journal entries and prepare comprehensive financial statements, including the necessary notes. The course explores alternative accounting methods, the consistency of accounting principles, and conceptual issues arising from Canada’s dual standards (ASPE and IFRS) environment. Through this approach, students gain practical skills in navigating current and proposed accounting standards, preparing them for nuanced financial reporting scenarios.

COURSE CODE	COURSE NAME
ADM 1100	Introduction to Business
ADM 1340	Financial Accounting
ADM 2303	Statistics for Management
ADM 2320	Marketing
ADM 2341	Managerial Accounting
ADM 2342	Intermediate Accounting I
ADM 3340	Intermediate Accounting II
ADM 3345	Taxation I
ADM 3350	Corporate Finance
ADM 3351	Fixed Income Investments
ADM 3352	Portfolio Management
ADM 3360	Business Law
ADM 4351	Options and Futures
ADM 2350	Financial Management
ECO 1102	Introduction to Macroeconomics
ECO 1104	Introduction to Microeconomics
ECO 2144	Microeconomic Theory I
ECO 2145	Microeconomic Theory II
MAT 2375	Introduction to Statistics
MAT 3375	Regression Analysis
MAT 3379	Introduction to Time Series Analysis

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Updated for 2026

ADM 3340: Intermediate Accounting II [University of Ottawa]

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