Financial Accounting 1 (ACCT 1035)

Students are introduced to the system in which information is collected by the accounting process and presented by financial statements. Accounting cycle, statement preparation, special journals, internal control and the accounting for cash, inventory, payroll, merchandising and sales tax are examined. Basic financial reporting is reviewed.
Course code: ACCT 1035
Credits: 3.0
Length: 45.0 hours
Course outline: view https://www.vcc.ca/vccphp/courseoutline?subject=ACCT&number=1035

Schedule †

Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
CRN # Dates Day/Time/Location Instructor
41036January 6, 2025
to December 15, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus		Li, Lena

Additional Information

  • Accounting Overview
  • Recording Business Transactions
  • Measuring Business Income and Adjustments
  • Completing the Accounting Cycle
  • Merchandise Operations
  • Accounting for Merchandise Inventory
  • Accounting Information Systems - Sage50 or QuickBooks Overview
  • Internal Control and Bank Reconciliations
  • Receivables

This course is offered as part of a VCC program only.

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† 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.