Financial Accounting Principles
Overview
Financial Accounting Principles provides a strong foundation in accounting concepts, financial statements, and reporting standards. This course helps students develop essential skills for recording, analyzing, and interpreting financial data to make informed business decisions.
What You’ll Learn
- Fundamental accounting principles and concepts
- Preparation and analysis of financial statements
- Recording business transactions using the double-entry system
- Understanding accruals, deferrals, and adjusting entries
- Financial ratios and their significance in business performance
- Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
Job Opportunities
Upon completion, students can pursue careers in:
- Financial Accounting
- Auditing
- Taxation
- Corporate Finance
- Banking and Financial Services
- Accounting Consultancy
Chapters
- Introduction to Financial Accounting
- The Accounting Cycle and Double-Entry System
- Financial Statements: Balance Sheet, Income Statement & Cash Flow
- Adjusting Entries and Closing the Books
- Inventory Valuation and Costing Methods
- Depreciation and Asset Management
- Liabilities and Equity Accounting
- Financial Statement Analysis and Interpretation
- Accounting Ethics and Regulatory Framework
- Emerging Trends in Financial Accounting
Students are required to complete 39 hours of in-class training.
39 hours
Program Summary
This table will display a summary of total instructional hours, delivery format and percentage weight for every Type of Learning entered in the List of Subjects. The ministry, career college and any subject or education assessors may refer to this section for a general understanding of the components of the program.
| Type of Learning | Total Instruction Hours | Delivery Format | % Weight |
|---|---|---|---|
| Theory | 20.00 | On-Line | 58.67% |
| Practical | 19.00 | On-Line | 41.33% |
| Total Type of Learning | 39.00 | ||
| Total Program Hours | 39.00 | 100.00% |
$CAD
Details
Certification
39 Hours
Updated: 03/01/2025
Prerequisites
If you attended a post-secondary institution after high school, we need both your high school transcript and your post-secondary transcript.
- Entry into many of our programs is competitive and your post-secondary marks can strengthen your application.
- If you did not graduate from high school and have a GED, send us a copy.
- Even if you graduated a while ago, we still need your high school transcript.
- If you cannot obtain it, let us know and we can discuss your options.
- If you studied at college or university, you must submit your post-secondary transcript AND
your high-school transcript. This may strengthen your application.
- Basic understanding of machine learning concepts.
- Familiarity with Python programming and libraries like TensorFlow or PyTorch.
- Understanding of neural networks and deep learning fundamentals.
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