306-107 Accounting Reports and Analysis

Students cannot gain credit for 306-107 Accounting Reports and Analysis and any of 306-102 Accounting Concepts, 306-103 Accounting 1A or 306-104 Accounting 1B.

This subject introduces students to the nature of accounting and its role in business from the perspective of a decision maker. Topics covered provide an overview of key financial and managerial accounting concepts and include: the accounting process and the recording of business transactions; alternative accounting method choice for key assets and managerial incentives associated with method choice; the analysis and interpretation of financial statement data; cost accounting and reporting systems; and cost analysis for planning, control and decision-making. The coverage and treatment of material in this course is specifically designed to meet the needs of undergraduate students from all disciplines.

• High level of development: collaborative learning; problem solving; team work; application of theory to practice; interpretation and analysis.

• Moderate level of development: oral communication; written communication: critical thinking; evaluation of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Some level of development: statistical reasoning; synthesis of data and other information; use of computer software.

A 3-hour end-of-semester examination (70%), assignments totalling not more than 2000 words (20%). Tutorial assessment worth 10%. Satisfactory completion of this subject requires a 50% pass in the end-of-semester examination.

To be advised.