COMMERCE 2AA3 - Financial Accounting I

3 unit(s)

This is an introduction to the basic principles and practices of financial accounting, which includes an examination of income measurement and asset and liability valuation, to provide an understanding of financial accounting information and the ethics of financial reporting.
Prerequisite(s): ECON 1B03 and registration in any Commerce, Engineering and Management, Honours Business Informatics, or Honours Actuarial and Financial Management program; or a grade of at least B- in one of ECON 1B03, ECON 2G03, ECON 2X03, and registration in any four or five-level non-Commerce program. (See Note 2 above.)