This course introduces students to the basic terminology, concepts and principles of accounting according to the International Financial Reporting Standards (IFRS). Students work though the full accounting cycle and prepare, analyze, and interpret financial statements.
Prerequisites
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What you will learn
- 1. Basic concepts of accounting
- 2. Analyzing transactions, accounting equation
- 3. Preparation of financial statements
- 4. Preparation of general journals, T-Accounts, account ledgers, trial balance
- 5. Adjustments, preparation of an adjusted trial balance
- 6. Fixed assets, receivables, payables
- 7. Horizontal and vertical analysis, ratio analysis
- 8. Accounting for merchandising operations in business
- 9. Cash management and cash flow statement
- 10. Accounting for equity
How to register
This course is offered as part of a VCC program only.
Course schedules
Select your program to see the available course schedules.
Contact us
If you have any question, please email at advising@vcc.ca.
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.