Intermediate Financial Accounting 1

0.5 credits · Undergraduate

Builds on the fundamentals of Financial Accounting I and II. The focus is the asset side of the Balance Sheet and Revenue Recognition criteria within the context of the Canadian financial reporting environment. The identification, discussion, and critique of accounting principles such as the International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) form an important component. Prerequisite: 8.0 university credits including ADMN 2221H (or 3021H) and 3.0 additional ADMN credits.