Business Studies

Course name: Financial Accounting Principles Course code: (BAT4M)

Grade: 12

Type: University/College Preparation

This resource introduces Learners to advanced accounting principles that will prepare them for postsecondary studies in business. Learners will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This resource expands Learners` knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

Grade: 12

Type: University/College Preparation

Prerequisites: None

This resource introduces Learners to advanced accounting principles that will prepare them for postsecondary studies in business. Learners will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This resource expands Learners` knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

These learning resources support both Teacher led instruction and independent study.

For independent study, Learners may engage in active notebook reflection whenever prompted to participate in Discussions, Partner Activities, or Quizzes. No assignments can be submitted to TVO for grading or credit.

Educators may refer to the For Teachers page for extra information.

These learning resources support both Teacher led instruction and independent study.

For independent study, Learners may engage in active notebook reflection whenever prompted to participate in Discussions, Partner Activities, or Quizzes. No assignments can be submitted to TVO for grading or credit.

Educators may refer to the For Teachers page for extra information.

20 Lessons

5 Lessons

1.1 Accounting fundamentals, principles, and practices

1.2 The accounting cycle

Course name: Financial Accounting Principles Course code: (BAT4M)

These learning resources support both Teacher led instruction and independent study.

These learning resources support both Teacher led instruction and independent study.

5 Lessons

1.1 Accounting fundamentals, principles, and practices

1.2 The accounting cycle

1.3 Ethical issues in accounting

1.4 Accounting in a computerized environment

1.5 Short-term assets

5 Lessons

2.1 Periodic and perpetual inventory systems

2.2 Internal control objectives

2.3 Capital asset accounting: Capital versus revenue expenditures

2.4 Amortization

2.5 A closer analysis of amortization

5 Lessons

3.1 Characteristics of partnerships

3.2 Corporations

3.3 Dividend accounting

3.4 Income statement for a corporation

3.5 Preparing a balance sheet

5 Lessons

4.1 Methods of financing

4.2 Financial analysis of a company and the cash flow statement

4.3 Analyzing annual reports

4.4 Financial analysis for decision-making

4.5 Decision-making in accounting

Course name: Financial Accounting Principles Course code: (BAT4M)

These learning resources support both Teacher led instruction and independent study.

These learning resources support both Teacher led instruction and independent study.

Unit 1 : The basics, fundamentals, and ethics of accounting 5 Lessons .chain-link{fill:#3d4649;} .icon-circle{fill:#e6e6e6;}

1.1 Accounting fundamentals, principles, and practices 1.1 Accounting fundamentals, principles, and practices

1.2 The accounting cycle 1.2 The accounting cycle

1.3 Ethical issues in accounting 1.3 Ethical issues in accounting

1.4 Accounting in a computerized environment 1.4 Accounting in a computerized environment

1.5 Short-term assets 1.5 Short-term assets

Unit 2 : Inventory systems, capital asset accounting, and amortization 5 Lessons .chain-link{fill:#3d4649;} .icon-circle{fill:#e6e6e6;}

2.1 Periodic and perpetual inventory systems 2.1 Periodic and perpetual inventory systems

2.2 Internal control objectives 2.2 Internal control objectives

2.3 Capital asset accounting: Capital versus revenue expenditures 2.3 Capital asset accounting: Capital versus revenue expenditures

2.4 Amortization 2.4 Amortization

2.5 A closer analysis of amortization 2.5 A closer analysis of amortization

Unit 3 : Partnerships, corporations, and dividend accounting 5 Lessons .chain-link{fill:#3d4649;} .icon-circle{fill:#e6e6e6;}

3.1 Characteristics of partnerships 3.1 Characteristics of partnerships

3.2 Corporations 3.2 Corporations

3.3 Dividend accounting 3.3 Dividend accounting

3.4 Income statement for a corporation 3.4 Income statement for a corporation

3.5 Preparing a balance sheet 3.5 Preparing a balance sheet

Unit 4 : Financing, annual reports, and decision-making in accounting 5 Lessons .chain-link{fill:#3d4649;} .icon-circle{fill:#e6e6e6;}

4.1 Methods of financing 4.1 Methods of financing

4.2 Financial analysis of a company and the cash flow statement 4.2 Financial analysis of a company and the cash flow statement

4.3 Analyzing annual reports 4.3 Analyzing annual reports

4.4 Financial analysis for decision-making 4.4 Financial analysis for decision-making

4.5 Decision-making in accounting 4.5 Decision-making in accounting

5 Lessons

1.1 Accounting fundamentals, principles, and practices

1.2 The accounting cycle

1.3 Ethical issues in accounting

1.4 Accounting in a computerized environment

1.5 Short-term assets

5 Lessons

2.1 Periodic and perpetual inventory systems

2.2 Internal control objectives

2.3 Capital asset accounting: Capital versus revenue expenditures

2.4 Amortization

2.5 A closer analysis of amortization

5 Lessons

3.1 Characteristics of partnerships

3.2 Corporations

3.3 Dividend accounting

3.4 Income statement for a corporation

3.5 Preparing a balance sheet

5 Lessons

4.1 Methods of financing

4.2 Financial analysis of a company and the cash flow statement

4.3 Analyzing annual reports

4.4 Financial analysis for decision-making

4.5 Decision-making in accounting