Accounting ( ACCT )

TG ACCT 111	Introductory Accounting I
Introduction to the nature and purpose of financial accounting. The course focuses on the study of the bookkeeping cycle for service and merchandising businesses. Additional topics include dealing with cash transactions, schedules of receivables and payables, subsidiary ledgers, and other monthly adjustments. In the one-hour computer lab you will use spreadsheet application tools in performing accounting functions. NOTE: Plan to take MICO 191 concurrently with, or prior to this course, if you are lacking computer background.
Hours: 70 hrs (4-1)
Credits: 4
TG ACCT 113	Introductory Accounting II
Prerequisite: ACCT 111
Continuation of ACCT 111. Topics include accounting principles, inventories, property, plant and equipment, payroll, partnership and corporation accounting, analysis and interpretation of financial statements, and accounting for manufacturing operations. The one-hour computer lab uses a spreadsheet application and a computerized accounting package.
Hours: 70 hrs (4-1)
Credits: 4
TG ACCT 211	Intermediate Accounting I
Prerequisite: ACCT 113 or ACCT 321
Course focuses on providing financial information for external decision making, examining both accounting theory and procedures. Topics include theoretical foundations of the financial accounting process and various forms of financial statements. The course expands on previously discussed topics as well as covering inventory valuation and investments.
Hours: 70 hrs (3-2)
Credits: 4
TG ACCT 213	Intermediate Accounting II
Prerequisite: ACCT 211
Continuation of ACCT 211. Course studies the more complex areas of corporation accounting, long-term investments, long-term liabilities, accounting changes and estimates, analysis of financial statements, and current developments in accounting.
Hours: 70 hrs (3-2)
Credits: 4
TG ACCT 215	Cost Accounting
Prerequisite: ACCT 111 or ACCT 321
Introduction to the production and use of accounting data for operational planning and control; special decision making and product costing; examination of cost behaviour patterns; methods of cost accumulation, cost estimation, and other topics.
Hours: 56 hrs (3-1)
Credits: 3
TG ACCT 219	Taxation
Prerequisite: ACCT 113 or ACCT 321
Introduction to Canadian income taxation. This course is designed to provide you with mainly an introduction to the basic concepts and procedures associated with the federal income tax system as it applies to individuals. Theoretical and practical aspects of tax will be examined and students will learn how to prepare a basic individual tax return. Some attention will be given to corporate taxation and the federal goods and services tax. Some tax planning will also be discussed.
Hours: 42 hrs (3-0)
Credits: 3
TG ACCT 276	Advanced Computerized Accounting
Prerequisite: ACCT 111 & MICO 191 or ACCT 111 & CPSC 203
With advanced microcomputer accounting applications, the following modules are examined in detail: General Ledger, Accounts Receivable, and Accounts Payable. Course includes practice in setting up and using these three modules for adapting financial statements and in integrating accounting software with other applications. Use of the software's budgeting applications may also be considered.
Hours: 70 hrs (2-3)
Credits: 4
TG ACCT 321	Introduction to Financial Accounting
Introduction to accounting for business organizations. You learn how to report financial results of operations and financial position to investors, managers, and others. Emphasis is placed on using accounting information for decision making.
Hours: 56 hrs (3-1T)
Credits: 3
TG ACCT 323	Introduction to Managerial Accounting
Prerequisite: ACCT 321
An introduction to the use of managerial accounting. Emphasis is placed on the role of accounting in managerial decision making. Case studies are an integral part of this course.
Hours: 56 hrs (2-1-1T)
Credits: 3
TG ACCT 460	Principles of Auditing
Prerequisite: ACCT 111 & ACCT 113
Introduction to the concepts, principles and practical applications of auditing in the business world. Course integrates the most important concepts of financial statement auditing and the general assurance engagement framework.
Hours: 42 hrs (3-0)
Credits: 3