4522 Advanced Accounting

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2 semester course, 2 semesters required, 1 credit per semester, 2 credits maximum
Counts as: 
A directed elective or elective for all diplomas
Course Description: 

Advanced Accounting expands on the Generally Accepted Accounting Principles (GAAP) and procedures for proprietorships and partnerships using double-entry accounting covered in Introduction to Accounting. Emphasis is placed on accounting principles as they relate to both manual and automated financial systems. This course involves understanding, analyzing, and recording business transactions and preparing, analyzing, and interpreting financial reports as a basis for decision-making.

Local Learning Opportunities
Recommended Grade: 
Grade 10
Grade 11
Grade 12
Industry or Service: 
Business Management, Finance, and Marketing
Program Type: 
Next Level Programs of Study Courses
Course Code: 
Required Prerequisites: 
: Accounting Fundamentals
Recommended Prerequisites: 
Qualifies as a quantitative reasoning course