BAF3M – Financial Accounting Fundamentals, Grade 11 University/College Preparation
This course introduces students to the fundamental principles and procedures of accounting.
Students will develop financial analysis and decision-making skills that will assist them in future studies and/or career opportunities in business. Students will acquire an understanding of accounting for a service and a merchandising business, computerized accounting, financial analysis, and ethics and current issues in accounting.
Outline of Course Content
|Unit 1||Accounting Fundamentals|
|Unit 2||Balanced Sheet and Transactions|
|Unit 3||Income Statement Transactions (T-Accounts, Trial Balance, Formal Journal, and Ledger)|
|Unit 4||The Worksheet, Adjusting, and Closing Entries|
|Unit 5||The Merchandise Business|
|Unit 6||Internal Controls and Financial Analysis|
|Unit 7||Accounting Careers and Ethics|