This course provides an in-depth analysis of accounting theoryand principles related to the reporting of short-term and long-term liabilities, leases, pensions, corporate income taxes, shareholders’ equity, complex financial instruments, earnings per share, the cash flow statement, and accounting changes and error analysis. International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) relating to recognition, measurement, and financial statement presentation of liabilities and equity are addressed. 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: Students cannot receive credit for both ACCT 213 and ACCT 4222.
Credits: 3.00