COMM_V 453 - Financial Accounting-Advanced
This course examines advanced financial accounting including inter-corporate investments, transactions and balances in foreign currencies, and accounting principles applicable to not-for-profit organizations. The course will prepare the student for the professional practice of accounting.
Learning objectives
By the end of this course, students will be able to:
- Prepare journal entries for investments in equity securities with varying levels of influence
- Prepare consolidated financial statements for Canadian parent companies and their domestic and foreign subsidiaries
- Account for transactions denominated in foreign currencies including hedged transactions
- Preparation journal entries and financial statements for not-for-profit organizations.
Course credits:
3