ACCT 253 - Introduction to Financial Accounting

Athabasca University

1 University Drive
Athabasca AB T9S 3A3


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Duration:

More than 2 months

Athabasca University is an online, distance education provider and offers courses on a year round basis. Students can commence a course the 1st day of any month, and have 6 months in which to complete the course.

COURSE OVERVIEW

After completing this course, you will be able to analyze and prepare a set of basic financial statements. You will begin by examining the accounting cycle of a sole proprietorship in the service sector, learning how financial transactions are processed through the accounting information period. You will then examine accounting for merchandise operations as well as inventory and cost of sales. Special issues regarding balance sheet components are reviewed in detail.

See Agenda for the Course Outline

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Agenda:

This is an online course that students can access at anytime from anywhere. Thus, activities cannot be listed by hour per day. However, in their online course, students are given a week-by-week schedule of learning activities, including assignments and when to schedule their exams.

Lesson 1: Introduction to Finanacial Accounting and Financial Statements

Lesson 2: Analyzing and Recording Transactions

Lesson 3: Adjusting Accounts

Lesson 4: Closing Entries and the Classified Balance Sheet

Lesson 5: Accounting for Merchandise Activities and Merchandise Inventory

Lesson 6: Internal Control and Cash

Lesson 7: Receivables

Lesson 8: Property, Plant and Equipment, and Intangibles

Lesson 9: Current and Long-term Liabilities

Lesson 10: Accounting for Corporations

Lesson 11: Reporting and Analyzing Cash Flows

Lesson 12: Analyzing Financial Statements

 

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Cost:

$768

Based on 2012-13 academic year (3-credit course):

Tuition fee: $472

Learning Resourse Fee:$180 (includes all learning resources, including textbooks)

Students' Union ($9) and Alumni Relations ($2) Fees: $11

Out of Province Fee: $105

TOTAL FEES: $768

Target Audience:

Small to medium to large business owners, including those in agri-business.

 

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Recognition Provided:

Credit towards diploma/degree
Other

Students have the option of completing the course as a stand-alone course or as part of a degree program.

Upon completion, students receive a formal e-letter indicating the grade achieved in the course.

Students can also request formal transcripts from the University that would be forwarded directly to third parties per the students' direction.

Method of Instruction:

Internet
Other

Athabasca Universtiy is an online, distance education university, and receive all learning resources necessary to complete the course, including textbooks.

The Facult of Business provides academic instructional support and guidance to each student via the course site, e-mail, and phone.

Availability of Program:

Year-round

Students must submit a general application (once) and a course registration form by the 10th day of any month in order to be able to commence their studies the 1st day of the following month. For example, a student submits his/her forms by Oct 8th, and he/she starts their studies Nov 1st.

Agriculture Business:

General

Subject of Training:

Financial Management (includes production economics)

COURSE OVERVIEW

After completing this course, you will be able to analyze and prepare a set of basic financial statements. You will begin by examining the accounting cycle of a sole proprietorship in the service sector, learning how financial transactions are processed through the accounting information period. You will then examine accounting for merchandise operations as well as inventory and cost of sales. Special issues regarding balance sheet components are reviewed in detail.

This is an online course that students can access at anytime from anywhere. Thus, activities cannot be listed by hour per day. However, in their online course, students are given a week-by-week schedule of learning activities, including assignments and when to schedule their exams.

Lesson 1: Introduction to Finanacial Accounting and Financial Statements

Lesson 2: Analyzing and Recording Transactions

Lesson 3: Adjusting Accounts

Lesson 4: Closing Entries and the Classified Balance Sheet

Lesson 5: Accounting for Merchandise Activities and Merchandise Inventory

Lesson 6: Internal Control and Cash

Lesson 7: Receivables

Lesson 8: Property, Plant and Equipment, and Intangibles

Lesson 9: Current and Long-term Liabilities

Lesson 10: Accounting for Corporations

Lesson 11: Reporting and Analyzing Cash Flows

Lesson 12: Analyzing Financial Statements?

 

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Language of Instruction:

English

For program information contact:

1-800-468-6531 (Senior Pr
1-780-675-6105
Visit the program Web site
Cheryl Christensen, Coordinator, Advising Services


Last Updated: 2013-05-09

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