Available only to students in the Management Major program. Available only to students in the Management Major program. Available only to students in the Management Major program. Available only to students in the Management Major program. I Introduction to the theory and concepts of financial accounting.
Students learn how to construct and interpret financial statements.
Topics include an introductory understanding of accounting and the context within which accounting occurs. I Basic understanding of cost accounting as used in manufacturing, merchandising, and service industries. Computer applications are used when appropriate. MGT220H Financial Accounting II Expands the analysis of financial accounting beyond MGT120H. Technical topics include accounting for cash, receivables, inventories, capital assets, depreciation, depletion, and earnings per share. There is also an emphasis on applied decision-making and professional judgment in accounting.