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COMM 217-Couse Outline.Fall09-Sec E

COMM 217-Couse Outline.Fall09-Sec E - 1 John Molson School...

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1 John Molson School of Business Financial Accounting (COMM 217) Course Outline, Winter 2009 General Information Professor: S. Mroz Telephone: (514) 848-2424  Ext. 2746 Email:  [email protected]  (e-mail is best way to reach me) Course Description This course examines the theory and practice involved in measuring, reporting, and analyzing  an organization’s financial information. Concepts underlying financial statements are  discussed, with an emphasis on generally accepted accounting principles (GAAP).  Disclosures/requirements concerning financial statements as well as information needs of  decision-makers are emphasized. Prerequisite:  COMM 210  previously or concurrently. Learning Objectives COMM 217 is an introductory course designed to provide students with the basic  understanding of financial accounting needed to integrate this functional business area with  the other components of the Bachelor of Commerce program. Coverage is comprehensive  and user oriented, with emphasis placed on the accounting information needs of decision- makers.  At the same time, the course will provide the basic operational understanding of  financial accounting necessary for those Commerce students who major in Accountancy. This course will help the student achieve the following learning objectives: Acquire knowledge of the accounting language, including the conceptual framework of  accounting and the characteristics of accounting information and its limitations, and  then apply the accounting concepts and rules to specific situations. Financial Accounting (COMM 217) Fall 2009
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2 Analyze financial statements in business situations using information and reasoning to  solve problems and make decisions.  Use computer technology to obtain information related to the course content. Be aware of professional ethics in accounting, and the role of auditors in organizations. These learning objectives are assessed through homework assignments, quizzes,  examinations, and a group project. Course Materials Textbook Financial Accounting,  Third  Canadian edition, Libby, Libby, Short, Kanaan and Gowing;  McGraw Hill Ryerson, 2008.  Additional Resource Materials - Instructor’s notes - Samples of past mid-term and final examinations - Internet web site:  http://www.mcgrawhill.ca/college/libby . This site is rich with  additional material that will help you learn about accounting. Instructional and Learning Methods
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COMM 217-Couse Outline.Fall09-Sec E - 1 John Molson School...

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