ACC 101 Introductory AccountingF 3C,1T 0.5
An introduction to the principles and
practices underlying the historical-cost
income determination model. Restricted to students with no
accounting OAC.
Accounting (ACC)
31 courses in the 1991–92 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.
Notes
Undergraduate Officer G. Russell, HH 290, ext. 6516
Introductory Notes
1. Honours Accountancy Studies courses are restricted to students who require those courses as part of their undergraduate program. If space permits, students in good Standing in other Honours programs may be admitted, subject to prerequisite requirements.
2. Students who fail to preregister during normal preregistration periods may be unable to take a particular course in their term of preference.
3. The minimum grade required to satisfy a prerequisite for Honours Accountancy Studies courses is C-.
4, Students may only repeat courses labelled ACC in which they have a grade of D+ or less. A passed course may be repeated once with the approval of the Schoo! of Accountancy.
5. Students may not take both ACC 101 and ACC 121 or ACC 280 and ACC 122 for credit.
6. Registration in ACC 121, 122, 131, 132 and 231 is unrestricted. Preference will be given to students who require these courses as part of their program. The C- requirement indicated in Note 3, above, does not apply to these courses.
ACC 121 Understanding and Using Financial Accounting InformationF,S 3C,1T 0.5
This course is designed for nonaccounting majors io help them understand and analyze financial statements.
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Course Descriptions Accounting
ACC 122 Understanding and Using Managerial Accounting InformationW,S 3C,1T 0.5
This course is designed for nonaccounting majors. The use of accounting information to assist in planning, control and managerial decisionmaking will be examined.
Prereq: ACC 121
ACC 123 Accounting Information for ManagersW 3C 0.5
This course is desgined for nonaccountants who will use accounting information for planning, control and decision making.
This‘course cannot be taken if credit has already been received for ACC 121 or ACC 122. Similarly, if credit has been received for ACC 123, then ACC 121 and/or ACC 122 cannot be taken.
ACC 131 F,W,S/W,S 3C
0.5/0.5 Management 1/2 The functional areas of business: finance, personnel administration, production, marketing and accounting are examined within differing organizational structures. Coverage also includes study of the principles of effective management and the financial system in Canada as a source of corporate capital.
Prereq: ACC 131 is a prerequisite for ACC 132
ACC 231 Business LawF,S 3C 0.5
Particular attention is given to the law Telating to contracts and business organizations. Other areas of study include sources of law, the judicial process, real and personal property, torts, agency, credit, and negotiable instruments.
ACC 241 Accounting information Systems 1F,S 3C 0.5 |
Investigates the concepts and principles of management information systems. Concentration is on the role of accounting information in the planning/ decision-making process and the design and implementation of accounting information systems. Presreqg: CS 100 or equivalent.
ACC 251 Auditing 1 °W,S 3C 0.5
An examination of the principles of attestation, including elements of effective control structures, concept of evidence, ethical conduct, legal and statutory requirements and elements of audit strategy.
ACC 280 Introduction to Managerial AccountingW 3C 0.5
An introduction to the principles and practices of Managerial Accounting. The course is designed for students in the Management Accounting stream and consists of an introduction to the emerging developments in business that affect the management accountant. The course is a blend of lectures, videos, readings and cases. Prereq: Accounting OAC or ACC 101 Restricted to students enrolled in Management Accounting Studies.
ACC 281 Cost Management Systems 1F,S 3C 0.5
An introduction to the principles and practices of managerial accounting. Prereq: ACC 101 and second-year standing Last offering will be Fail '91
ACC 291 Financial Accounting 1F,S 3C,1T 0.5
A first course in intermediate financial
accounting dealing with the theory and
practice of financial statement prepara-
tion and reporting. The emphasis will
be on asset valuation and the related
impact on income measurement. Prereq: Accounting OAC or ACC 101
ACC 351 Auditing 1F,W 3C 0.5
An examination of the auditing process, including elements of effective control Structures, concepts of evidence, ethical conduct, legal and statutory requirements and elements of audit strategy.
Prereq: ACC 291
Last offereing will be Winter '93.
ACC 371 Managerial Finance 1F,W 3C 0.5
Analytic techniques for financial decision-making will be considered within a conceptual framework. Emphasis is placed upon the long-term investment, capital structure and distribution decisions. Developments in capital asset pricing, and efficient markets will be examined.
Prereq: ECON 221 and ACC 291 or permission of School of Accountancy
ACC 372 Managerial Finance 2W,S 3C 0.5
The theoretical concepts examined in Accounting 371 will be applied within the context of the Canadian economy. Topics examined will include interest tate determination, capital markets, and risk/return characteristics of financing alternatives.
Prereq: ACC 371
ACC 381 Cost Management Systems 2W,S 3C 0.5
The development of accounting information in performing the managerial functions of planning, controlling, and decision making. Emphasis is on analysis of costs and analytical tools such as regression analysis, electronic worksheets and linear programming. Prereq: ACC 291 and a course in Statistics
ACC 382 Cost Management Systems 3W,S 3C 0.5 .
Consideration of more complex topics in management planning and control. Emphasis is on cost accumulation systems, performance evaluation, control models and case analysis of situations involving complex management accounting systems.
Prereq: ACC 381
ACC 392 Financial Accounting 2F,W 3C 0.5
This course completes the coverage of
intermediate financial accounting. It
deals with problems related to the
measurement of liabilities, measure-
ment of income, and the reporting and
measuring of corporate equities. Prereq: ACC 291
ACC 401 Accounting TheoryW 3C 0.5
A review of accounting theory as a
background for applying underlying
concepts to current accounting prob-
lems. Emphasis is on current literature.
with a major term paper required. Prereq: ACC 392 and 371
ACC 415 Special Topics-419 0.5
Admission by consent of instructor.
ACC 432 Communicating Accounting Information for Decision MakingW 0.5
The first half stresses interpersonal communications and covers such topics as communications in the workplace and negotiating skills. The second half concerns formal presentation skills with emphasis on those skills that are necessary for the professional accountant.
This course is part of an integrated, professionally accredited sequence of courses open only to students by permission of the School of Accounfancy.
Course Descriptions Accounting
ACC 441 Accounting Information Systems 1S 3C 0.5
Investigates the concepts and principles of management information systems. Concentration is on the role of accounting information in the planning/decision-making process and the design and implementation of accounting information systems. Prereq: CS 100 or equivalent, and ACC 381 , Last offering will be Spring'93.
ACC 442 Accounting Information Systems 2S 30 0.5
This course investigates the strategic
uses of information systems for
achieving organizational objectives. Prereq: ACC 241
ACC 443 Creative Thinking, Problem Solving and Decision Making for AccountantsW 3C 0.5
This course comprises three modules: problem solving techniques, including intuitive and formal methods for considering risk, uncertainty and value, individual and group processes for generating and evaluating alternatives; data organization, analysis and presentation; and decision support and expert systems.
Prereq: CS 100 or equivalent
This course is part of an integrated, professionally accredited sequence of courses open only to students by permission of the School of Accountaney.
PHIL 443 may be substituted for ACC 443; only one may be taken for credit.
ACC 451 Auditing 2: Audit StrategyS 30 0.5
An examination of elements of audit strategy and their interrelationships, including financial assertions, types and sources of audit assurance, and evidence gathering procedures, including statistical auditing methods, such as sampling and regression analysis.
This course is part of an integrated, professionally accredited sequence of courses open only to students by permission of the School of Accountancy.
16:5
ACC 453 Control and Audit ofF 3C 0.5
Computer-Based Systems
An examination of the weaknesses in
computer-based systems and compen-
sating controls and their effect on the
auditor's study and evaluation of
internal control, and the utilization of
computer-assisted audit techniques. Prereq: ACC 441
ACC 454 Comprehensive/Operational AuditingF 3C 0.5
Examination of the value for money audit concept in the private and public sectors. This approach goes beyond the scope of the traditional financial audit and looks at all facets of the organization, including human resource management.
Prereq: ACC 351 and fourth-year students in an Honours accounting program
ACC 461 Taxation 1F,W 3C 0.5
A course in the interpretation in application of the major provisions of the Income Tax Act through an analysis of court decisions, Revenue Canada's publications, and practical problem situations.
Prereq: ACC 392
ACC 462 Taxation 2F,W 3C 0.5
ACC 463 Taxation 3F,W 3C 0.5
A course which integrates the topics
covered in ACC 461 and 462 for indi-
vidual and corporate tax planning through a study of trusts, partnerships, corporate reorganizations and estate planning.
Prereq: ACC 462
This course is part of an integrated, professionally accredited sequence of courses open only to students by permission of School of Accountancy.
ACC 471 InvestmentsW 3C 0.5
The objective of this course is to introduce the student to concepts of investment selection, purchase and management. The student should obtain a knowledge of security markets and the risk/return characteristics of forms of investment.
Prereq: ACC 371
16:6 Course Descriptions Accounting
ACC 491 Financial Accounting 3F 3C 0.5
An advanced accounting course considering specific problems of accounting for the corporate entity, such as business combinations, intercorporate investments, consolidated financial statements, accounting for foreign operations and foreign currency transactions, segment reporting. Prereq: ACC 392
Actuarial Science
Undergraduate Officers K.P. Sharp, MC 6016, ext. 4492 W.H. Aitken, MC 6015, ext. 4471 °
Courses not offered in the current academic year are listed at the end of this section.
Introductory Note
More detailed course descriptions and course outlines are available in the Actuarial Science Undergraduate Handbook.