This course builds on the concepts and skills learned in introductory accounting and prepares the student for the more conceptual approach required for Intermediate Accounting. Accounting students learn to apply the accounting conceptual framework, and further develop skills for recording transactions and events by covering revenue recognition, long-term liabilities, partnership accounting, shareholders’ equity and the cash flow statement. Third and Fourth years of the BBA program are Mt. Royal University courses. The numbering system is based upon their guidelines. students register through Medicine Hat College. NOTE: Studentscannot receive credit for both ACCT 320 and ACCT 3220.
Credits: 3.00