ACC 101 Introductory AccountingF 3C,1T 0.5
An introduction to the principles and practices undertying the historical-cost income determination model. Restricted to Honours Accounting students with no accounting OAC. Antireg: ACC 121, 123
Accounting (ACC)
35 courses in the 1993–94 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 D. Carter, HH 290, ext. 2747
Introductory Notes
1. All accounting courses except ACC 121, 122, 123, 131, 132 and 231
_ are restricted to students in Honours
Accounting Studies or to those who require them 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. 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 School of Accountancy.
4. Registration in ACC 121, 122, 131, 132 and 231 is unrestricted. Preference will be given to students whe require these courses as part of their program.
ACC 121 Understanding and Using Financial Accounting InformationF,S 3C,1T 0.5
This course is designed for non-accounting majors to help them understand and analyze financial statements.
Antireq: ACC 101, 123
ACC 122 Understanding and Using ManagerialW,S 3C,1T 0.5
Accounting information This course is designed for non-accounting majors. The use of accounting information to assist in planning, contro! and managetial decision-making will be examined. Prerag: ACC 121 Antireq: ACC 123, 280, 281
ACC 123 Accounting Information for ManagersW 36 0.5
This course Is designed for non-accoun-
tants who will use accounting information
for planning, control and decision making. Antireq: ACC 101, 121/122
Course Descriptions Accounting
ACC 131 Management 1/2F,W,S 3C 0.5/0.5
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 143 Creative Thinking and Problem Solving for AccountantsW 3C 0.5
This course comprises three modules: problem-solving techniques, including intuitive and formal methods for considering tisk, uncertainty and value, individual and group processes for generating and evaluating altematives; data organization, analysis and presentation; and decision support and expert systems.
Antireq: ACC 443, PHIL 443
PHIL 443 may be substituted for ACC 143. Only one of ACC 143, 443 or PHIL 443 may be taken for credit.
(Formerly ACC 443)
ACC 231 Business LawF,S 3C 0.5
Particular attention is given to the law
relating to contracts and business organi-
Zations. Other areas of study include
sources of law, the judicial process, real
and personal property, torts, agency.
credit, and negotiable instruments. Antireg: MTHEL 100
ACC 232 Communicating Information for Decision MakingF 30 0.5
The first half of this course 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. Antireq: ACC 432, DRAMA 223 (Formerly ACC 432)
ACC 241 Accounting Information Systems 1F,S 3C 0.5
Examines the accountant's role as user of financial intormation systems. Applications and software examined include computerized accounting systems, working paper generators, tax form preparation packages and time and billing systems.
Prereq: An introductory course in information technology approved by the School of Accountancy
Antireq: ACC 441
ACC 251 Auditing 1W,S 30 0.5
An examination of the principles of attestation, including elements of effective contro! 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 Antireg: ACC 122, 123, 281 Restricted to students enrolled in Management Accounting Studies.
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 preparation
and reporting. The emphasis will be on
asset valuation and the related impact on
income measurement. : Prereq: Accounting OAC or ACC 101
ACC 371 Managerial Finance 1F,W 3C 0.5
Analytic techniques for financial decisionmaking 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: One course in Statistics and either ACC 121 or 291 or permission of School of Accountancy
ACC 372 Managerial Finance 2W,S 30 0.5
The theoretical concepts examined in
Accounting 371 will be applied within the
context of the Canadian economy. Topics
examined will include interest rate determi-
nation, capital markets, and risk/retum
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: Second-year standing in an accounting program
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, measurement 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 problems. 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 431 Advanced Studies in Legal and Ethical issues in AccountantsF 3C 0.5
This course will examine issues such as economic torts, fiduciary responsibilities, administrative law and the Interaction of law and accounting in practice. Critical ethical issues including an introduction to comparative professional ethics will also be examined.
Prereq: ACC 231
Course Descriptions Accounting
ACC 441 Accounting Information SystemsS 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
Antireq: ACC 241 and 442
Last offering will be Spring '93.
ACC 442 Accounting Information Systems 2S 3C 0.5
Examines the accountant'’s role in the design and evaluation of financial information systems. Discusses the implementation of smail- and large-scale financial systems, and investigates the strategic use of information systems to achieve organizational objectives.
Prereq: ACC 241
Antireq: ACC 441
ACC 451 Auditing 2: Audit StrategyS 3C 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.
Prereq: ACC 251
ACC 453 Control and Audit of Computer-Based SystemsF 3C 0.5
An examination of the weaknesses in computer-based systems and compensating controls and their effect on the auditor’s study and evaluation of internal control, and the utilization of computer-assisted audit techniques.
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 251
(Formerly ACC 351)
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 291
16:5
ACC 462 Taxation 2F,W 3C 0.5
ACC 463 Taxation 3F,W 3C 0.5
A course which integrates the topics cov-
ered in ACC 461 and 462 for individual
and corporate tax planning through a
study of trusts, partnerships, corporate
reorganizations and estate planning. Prereq: ACC 462
ACC 464 Tax PolicyF 3C 0.5
An examination of the economic, political, legal and administrative aspects of selected contemporary issues in Canadian tax policy. The topics may include corporate loss transfers, minimum tax, auto expense rules, deductions for farm losses, tax simplification for small businesses, or other topics of current interest.
Prereq: ACC 461
ACC 465 Taxation Decision MakingF 3C 0.5
An examination of the impact of tax
legislation on business decisions. Prereq: ACC 381
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
ACC 487 Management Accounting Policy and IntegrationF 3C 0.5
This course will consider management accounting cases with multi-dimensional problems requiring information from several sources, knowledge from several accounting disciplines and the application of professional judgment.
Prereq: ACC 381
ACC 488 Business ProjectF 3C 0.5
This course will provide students with an opportunity to work on a term-length project in the management accounting area.
Prereq: ACC 381
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
ACC 471 Investments
Not offered in 1993–94.