Introduction to Accounting I
Nature and role of accounting information for planning, decision making, control and external reporting by businesses and other economic organizations.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors.
Note: enrolment limited to 45 students per section.
Completion of this course will replace previous assigned grade in ACTG 1P91.
Introduction to Accounting II
Continuation of ACTG 1P11 with emphasis on the application of various accounting concepts to generate information for a variety of purposes.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors.
Prerequisite: ACTG 1P11.
Note: enrolment limited to 45 students per section.
Completion of this course will replace previous assigned grade in ACTG 1P92 and 2P12.
The Legal Environment of Business
Canadian legal system as it affects the modern business environment, in particular the accounting professional. Topics include financial disclosure and audit requirements, corporate finance and securities, corporate capacity and agency and professional liability for negligence and other business torts.
Lectures, seminar, 3 hours per week.
Restriction: open to BAcc majors.
Note: enrolment limited to 65 students per section.
Completion of this course will replace previous assigned grade in ACTG 2P40 and MGMT 2P40.
Introduction to Financial Accounting
Fundamental concepts of financial accounting as related to the balance sheet, income statement and statement of cash flow. Problems of income determination, asset and equity measurements and analysis of financial statements.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc, BBE, BCB, TOUR and combined Business majors until date specified in BIRT guide.
Note: enrolment limited to 45 students per section.
Completion of this course will replace previous assigned grade in ACTG 1P11.
Introduction to Management Accounting
Accounting for managerial decision-making, including relevant data, various cost accounting systems and breakeven analysis.
Lectures, discussion, 3 hours per week.
Restriction: open to BBA, BBE, BCB, TOUR and combined Business majors until date specified in BIRT guide.
Prerequisite: ACTG 1P91 (minimum 60 percent).
Note: enrolment limited to 45 students per section.
Completion of this course will replace previous assigned grade in ACTG 1P12 and 1P92.
Accounting for Planning and Control I
Internal recording systems devised to implement and guide management planning and control with particular emphasis on cost finding, product costing, cost behaviour and cost allocations as well as analysis and communication of relevant information to users in a professional manner.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors until date specified in BIRT guide. After that date open to BAcc majors and BBA students approved to the Accounting concentration. In Spring Term open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 1P12 or 2P12 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting for External Reporting I
Theory and practice of financial statement preparation including the measurement, reporting and disclosure of assets, liabilities, equity, revenue and expenses with specific reference to generally accepted accounting principles.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors until date specified in BIRT guide. After that date open to BAcc majors and BBA students approved to the Accounting concentration.
Prerequisite: ACTG 1P12 or 2P12 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting for External Reporting II
Theory and practice of financial statement preparation in accordance with generally accepted accounting principles.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors until date specified in BIRT guide. After that date open to BAcc majors and BBA students approved to the Accounting concentration. In Spring Term open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 2P31 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Commercial Law
Basic legal considerations for the business organization.
Lectures, discussion, 3 hours per week.
Note: enrolment limited to 45 students per section.
Completion of this course will replace previous assigned grade in ACTG 1P71 and MGMT 2P40.
Auditing Concepts
Nature of verification, audit evidence, testing, the elements of effective control structures, the use of statistical sampling and evolution of external, internal and comprehensive auditing.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors until date specified in BIRT guide. After that date open to BAcc majors and BBA students approved to the Accounting concentration. In Spring Term open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 3P22 or MGMT 4P12 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting for Planning and Control II
(also offered as MGMT 4P12)
Accounting information systems within the context of a management information system with emphasis on the design and implementation of systems and controls.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors with a minimum of 5.0 overall credits, BBA, BBE, BCB and combined Business majors with a minimum of 13.5 overall credits.
Prerequisite: ACTG 1P12 or 2P12; MKTG 2P91 and OBHR 2P91 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Completion of this course will replace previous assigned grade in ITIS 3P97.
Accounting for Planning and Control III
Topics include performance evaluation, divisional performance measurement, transfer pricing, behavioural implications of accounting information and current issues as well as analysis and communication of relevant information to users in a professional manner.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors. In Spring Session open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 2P21 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting for External Reporting III
Theory and practice of financial statement preparation in accordance with generally accepted accounting principles.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors. In Spring Session open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 2P32 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Taxation I
Principles underlying federal income taxation in Canada through an analysis of the Income Tax Act, R.S.C., as amended. Computation of net income for tax purposes is examined in detail.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors. In Spring term open to BAcc Co-op students until date specified in BIRT guide.
Prerequisite: ACTG 1P12 or 2P12 permission of the instructor.
Note: enrolment limited to 40 students per section.
Completion of this course will replace previous assigned grade in ACTG 4P40.
Financial Analysis
(also offered as FNCE 4P03)
Importance and use of financial statement information in areas such as analysis of credit, equity investment, industry and competitors, analysis of mergers and acquisitions and the firm's strategy in communicating information to capital markets.
Lectures, case discussion, 3 hours per week.
Restriction: open to BBA students approved to the finance concentration , BAcc students and BBE financial economics option students until date specified in BIRT guide. After that date, open to BAcc, BBA, BBE, BCB and combined Business majors.
Prerequisite: FNCE 3P93 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting Theory
Mathematical, economic and behavioural foundations of accounting theory including the need for and development of standards, a conceptual framework, alternatives to present accounting models and current issues.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors with a minimum of 14.5 overall credits.
Prerequisite: ACTG 3P33 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Advanced Topics in Cost and Management Accounting
Capstone course in cost and management accounting with an activity based management framework and a quality focus. Topics include strategic cost management (target costing, midrange budgeting), theory of constraints (queuing and linear programming), productivity, business process reengineering, cost management of computer hardware and software systems.
Lectures, case discussion, 3 hours per week.
Prerequisite: ACTG 3P23 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Accounting for External Reporting IV
Theory and practice of financial statement preparation in accordance with generally accepted accounting principles with emphasis on accounting for complex business organizations and not-for-profit organizations.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors. In Spring Session open to BAcc coop majors until date specified in BIRT guide. In Fall Term not open to BAcc co-op majors without permission of the instructor.
Prerequisite: ACTG 3P33 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Decision Making
Principles of individual and corporate taxation emphasizing the effects of federal and sub federal income taxes on decision making in business.
Lectures, discussion, cases, 3 hours per week.
Restriction: open to BBA and combined Business majors with a minimum of 10.0 overall credits; not open to BAcc majors.
Prerequisites: ACTG 2P12 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Completion of this course will replace previous assigned grade in ACTG 4P41 and 4P42.
Taxation II
Computation of taxable income and taxes payable for individuals and corporations. Rights and obligations of the taxpayer. Determination of the effects of federal income taxes on decision-making.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors.
Prerequisite: ACTG 3P41 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Completion of this course will replace previous assigned grade in ACTG 4P40.
Taxation III
Topics include tax implications of changes in corporate structures, corporate distributions, rollovers and shareholder/manager remuneration, trusts and partnerships.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors. In Spring Session open to BAcc Coop majors until date specified in BIRT guide.
Prerequisite: ACTG 4P41 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Completion of this course will replace previous assigned grade in ACTG 4P40.
External Auditing I
Financial statement audit including the professional and legal responsibilities of the auditor, generally accepted auditing standards, risk, materiality and the planning and execution of the audit.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors with a minimum of 14.5 overall credits. In Spring Session open to BAcc Coop majors until date specified in BIRT guide. In Fall term not open to BAcc co-op majors without permission of the instructor.
Prerequisite: ACTG 3P11 or permission of the instructor.
Note: enrolment limited to 40 students per section.
External Auditing II
Emphasis on the completion of the audit, evaluation of results, audit reports, review engagements and current topics.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc majors.
Prerequisite: ACTG 4P61 or permission of the instructor.
Note: enrolment limited to 40 students per section.
Research Topic
Directed intensive study or research under the supervision of a faculty member in an area in which the student has shown particular competence.
Restriction: open to BAcc, BBA and combined Business majors with a minimum of 13.5 overall credits and permission of the Chair and supervising faculty member.
Note: to be chosen in consultation with the supervising faculty member.
Topics in Accounting
Courses in specialized areas within the discipline.
Lectures, discussion, 3 hours per week.
Restriction: open to BAcc, BBA and combined Business majors.