Financial Accounting II

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Financial Accounting introduces students to the essentials of double entry bookkeeping. Students will learn how to record transactions under varying scenarios. They will learn about recording different transactions in appropriate books of accounts, accounting terminology, chart of accounts, accounting cycle, GAAP, different reports-Trial Balance, Balance Sheet, income statement, inventory control and methods of inventory control and valuation etc.|Capital Assets and Goodwill Current Liabilities Partnerships and Corporations Corporate Reporting and Bonds and Notes Payable Accounting for Debt and Share Investment Reporting and Analyzing Cash Flows and Financial Statements
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Additional information

Province

Ontario

Colleges

CIMT College

Program Categories

Accounting

Program Duration

60 Hours

Program Intakes
Class Type

Hybrid

Funding

CSAP Funding, Second Career

Financial Accounting introduces students to the essentials of double entry bookkeeping. Students will learn how to record transactions under varying scenarios. They will learn about recording different transactions in appropriate books of accounts, accounting terminology, chart of accounts, accounting cycle, GAAP, different reports-Trial Balance, Balance Sheet, income statement, inventory control and methods of inventory control and valuation etc.|Capital Assets and Goodwill
Current Liabilities
Partnerships and Corporations
Corporate Reporting and Bonds and Notes Payable
Accounting for Debt and Share Investment
Reporting and Analyzing Cash Flows and Financial Statements

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