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  3. Grade 12 Financial Accounting Principles (BAT4M)

Course name: Financial Accounting Principles Course code: (BAT4M)

Grade: 12
Type: University / College Preparation
Language of Study: English
Prerequisites: BAF3M
Course description: This course introduces you to advanced accounting principles that will prepare you for postsecondary studies in business. You will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This course expands your knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.
Grade: 12
Type: University / College Preparation
Language of Study: English
Prerequisites: BAF3M
Course description: This course introduces you to advanced accounting principles that will prepare you for postsecondary studies in business. You will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This course expands your knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

Course Lessons

This course is designed for independent study.

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20 Lessons

5 Lessons

1.1   Accounting fundamentals, principles, and practices

1.2   The accounting cycle

1.3   Ethical issues in accounting

1.4   Accounting in a computerized environment

1.5   Short-term assets

5 Lessons

2.1   Periodic and perpetual inventory systems

2.2   Internal control objectives

2.3   Capital asset accounting: capital versus revenue expenditures

2.4   Amortization

2.5   A closer look at amortization

5 Lessons

3.1   Characteristics of partnerships

3.2   Corporations

3.3   Dividend accounting

3.4   Income statement for a corporation

3.5   Preparing a balance sheet

5 Lessons

4.1   Methods of financing

4.2   Financial analysis of a company and the cash flow statement

4.3   Analyzing annual reports

4.4   Financial analysis for decision making

4.5   Decision-making in accounting