ACCT-3003Intermediate Accounting 2
In this course, students will move beyond the fundamental accounting
processes of their introductory courses and learn about measurement,
valuation and presentation of all the balance sheet elements. The
importance of user objectives in financial reporting and a
professional’s responsibility to society are discussed. Students will
begin their studies by learning how to develop comprehensive financial
statements for public companies as well as a broad discussion on
International Financial Reporting Standards (IFRS) and Accounting
Standards for Private Enterprises (ASPE). The remainder of the course
will cover the variety of accounting policy choices that are available
to measure and value assets and the criteria used to make those
choices. Upon completion of this course, students will be able to
properly measure and value balance sheet elements using appropriate
standards, recognize situations where choices between accounting
policies exist, evaluate the choices and prepare recommendations.
Textbooks and Booklists
Students enrolling in Part-Time and Online Education courses may be required to purchase textbooks and materials at participating Campus Store locations or online at bookstore.rrc.ca. Student booklists will be available approximately 3 weeks prior to scheduled course start dates. Please ensure materials are purchased in advance, to be available for the start date.
Note: Courses requiring a textbook will show "TR" in the Delivery field.
This course is presently not being offered by this program. Please check back later.
