CACC 550 - Intermediate Financial Accounting II
Course Description
This course continues from the CACC 450 coverage of the financial reporting requirements as presented in generally accepted accounting principles. The topics will include liabilities, share capital transactions, earnings per share, adjustments, correction of errors, income taxes, leases, pensions and financial statement analysis. Students are expected to expand on the application of generally accepted accounting principles and concepts covered in prior accounting courses. This course extensively uses cases based on mimic or real business scenarios.Notes
This course is online and asynchronous except for its final exam, which is held in person. This means that you typically will not have to be online at specific times. You will engage in course-related activities through online tools such as announcements, discussions, and email. Your course learning will be based on weekly module content and activities that you can work through independently. Note: There will be deadlines for assignment submissions, and you may be expected to participate in discussion board interactions with your peers on a regular basis.
Your instructor may also include occasional scheduled sessions for Q&As and other discussion activities using web conferencing tools such as Zoom and Google Meet. Details will be included in your course outline, which will be available on the first day of classes.
On-campus exam requirement: Your final exam will be written in person at the Toronto Metropolitan University campus. If you live more than 100 km from the TMU campus, you may arrange to write your exam off campus using an approved off-campus invigilation service. Details on your exam date and how to arrange off-campus invigilation can be found on the Exams for Online Courses webpage.
Requisites
Prerequisite(s): ACC 450 or CACC 450
Chang School Certificate students who do not have the prerequisite(s), but have completed CACC 414 and CACC 504 should contact Chang School Client Services (ce@torontomu.ca) for further information.
Relevant Programs
- Intermediate Accounting II : Required Courses