306-108 Accounting Transactions and Analysis

Students cannot gain credit for 306-108 Accounting Transactions and Analysis and either 306-102 Accounting Concepts or 306-104 Accounting 1B.

306-107 Accounting Reports and Analysis.

This subject introduces students to the nature of accounting and its role in business from the perspective of a preparer of financial reports. Topics covered include the recording of business transactions associated with inventory, receivables, property, plant and equipment, and intangibles; segment disclosures; selected topics on recognition and measurement of certain elements of the financial statements; and profitability and credit analysis. Selected business and enterprise systems are used to cover subject materials via a simulated case study.

• High level of development: problem solving; use of computer software.

• Moderate level of development: written communication; collaborative learning; team work; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Some level of development: oral communication; statistical reasoning.

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

To be advised.