Intermediate Accounting 1 (ACCT 2045)
This course builds on the introductory financial accounting skills that were developed in Financial Accounting 1 and 2. Students focus on building technical financial reporting competencies in accordance with the standards, rules and guidelines published by the Chartered Professional Accountants of Canada (CPA). Topics include the conceptual framework for financial reporting, the measurement of revenue, the correction of errors, and the accounting for changes in accounting policies and estimates.
Course code: ACCT 2045
Credits: 3.0
Length: 45.0 hours
Course outline:
view
https://www.vcc.ca/vccphp/courseoutline?subject=ACCT&number=2045
Prerequisites
ACCT 1035, ACCT 1045.
| CRN # | Dates | Day/Time/Location | Instructor |
|---|---|---|---|
| 41038 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: Blended Location: Varies | Boroumand-Jazzi, Sepand |
| 42402 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: Blended Location: Varies | Boroumand-Jazzi, Sepand |
Additional Information
- Canadian Financial Reporting
- IFRS/ASPE Conceptual Framework
- Accounting Information Systems and Reporting Measurements
- Structure of Financial Reports and Their Relationships
- Financial Position and Cash Flows
- Revenue Recognition
- Cash and Receivables
- Inventory
- Investments
- Property, Plant, and Equipment
- Depreciation, Disposition and Impairment
- Intangible Assets and Good will
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.