Course Code: BACC 103
Academic Year: 2025-2026
This course provides a study of the conceptual foundations of financial accounting measurement and reporting to assist students in interpreting finance-oriented data. Emphasis will be on the use of external and internal financial information used to assist management in the human resources management area. The course will include basic concepts on preparing general journal entries, posting ledger (t) accounts, preparing trial balances, adjusting entries and preparing basic financial statements, such as income statements, balance sheets, cost behaviour and cost volume profit analysis, costs in decision-making, budgets and budgetary control for the internal reporting areas.Please note that students who choose to take an online section of this course must write the final exam in person, at either the Humber North or Lakeshore campus, or, if located more than 100km from the campus, through an approved proctoring facility. Any costs associated with this are the sole responsibility of the student.