ACC 101 Introductory AccountingF 3C,1T 0.5
An introduction to the principles and practices underlying the historical-cost income determination model. Restricted to Honours Accounting students with no accounting OAC. Antireq: ACC 121, 123
Accounting (ACC)
36 courses in the 1994–95 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
Courses not offered in the current academic year are listed at the end of this section.
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 who require these courses as part of their program.
ACC 121 Understanding and Using FinancialF,S 38C,1T 0.5
Accounting tnformation 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, control and managetial decision-making will be examined. Prereq: ACC 121 Antireq: ACC 123, 280, 281
Course Descriptions Accounting
ACC 123 Accounting Information for ManagersW 3C 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
ACC 131 Management 1F 3C 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.
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 risk, uncertainty and value, individual and group processes for generating and evaluating alternatives; data organization, analysis and presentation; and decision support and expert systems.
(Formerly ACC 443)
ACC 231 Business LawS 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. Antireq: MTHEL 100
ACC 232 F 3C 0.5
Communicating information for Decision Making The first half of this course stresses interpersonal communications and covers such topics as communications in the work- Place and negotiating skills. The second half concerns formal presentation skills with emphasis on those skills that are necessary for the professional accountant. Antireg: ACC 432, DRAMA 223 {Formerly ACC 432)
ACC 241 Accounting information Systems 1F 3C 0.5
Examines the accountant’s role as user of financial information 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 1F 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 291 Financial Accounting 1W 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 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 rate determi-
nation, capital markets, and risk/return
characteristics of financing alternatives. Prereq: ACC 371
ACC 381 Cost Management Systems 2W 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 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 TheoryF,W 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 AccountingF 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
ACC 432 Communicating Accounting Information for Decision MakingS 3C 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: DRAMA 223
Course Descriptions Accounting
ACC 442 Accounting information Systems 2W 3C 0.5
Examines the accountant’s role in the design and evaluation of financial information systems. Discusses the implementation of small- and large-scale financial systems, and investigates the strategic use of information systems to achieve organizational objectives.
Prereq: ACC 241
Antireq: ACC 441
ACC 443 Creative Thinking and Problem Solving for AccountantsS 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.
ACC 451 Auditing 2: Audit StrategyW 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 controt, and the utilization of computer-assisted audit techniques.
ACC 454 Comprehensive/Operational AuditingW 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)
16:5
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
ACC 462 Taxation 2F,S 3C 0.5
ACC 463 Taxation 3F 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 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 132 Management 2
Not offered in 1994–95.
ACC 464 Tax Policy
Not offered in 1994–95.
ACC 465 Taxation Decision Making
Not offered in 1994–95.
ACC 471 Investments
Not offered in 1994–95.
ACC 480 Selected Problems and Cases in Managerial Accounting
Not offered in 1994–95.
ACC 487 Management Accounting Policy and Integration
Not offered in 1994–95.
ACC 488 Project
Not offered in 1994–95.