John Molson School of Business
Department of Accountancy
Course Name: Financial Reporting II
Course Number: ACCO 320/CC
Professor: Diane Henri, MPA, CPA, CA
Website: First Class- section CC
Office Location: Class room MBS 1.430
Office Hours: Mondays before or after class by appointment
Class Location: Monday MBS1.430
Class Hours: Monday 5:45 – 8:15
This course is a continuation of ACCO 310 and is designed primarily for Accountancy majors who are considering a career in their field of study. The objectives of the course are:
• to enhance the student’s ability to prepare and use financial statements. The primary emphasis will be on obtaining an in-depth understanding of accounting for various complex transactions and economic events (related to liabilities, shareholder’s equity, pensions, leases and income taxes). This requires consideration of the associated assets and liabilities, and any income and cash flow consequences. • to improve the student’s ability to evaluate the choices available for measuring and reporting many complex transactions and economic events (related to liabilities, shareholder’s equity, pensions, leases and income taxes), as well as exploring management’s motives in selecting from various reporting and disclosure options.
At the conclusion of this course, it is expected that students will have developed skills necessary to prepare, understand and interpret financial statements prepared in accordance with international and private enterprise accounting standards (IFRS and ASPE). In order to achieve this goal, the course content and emphasis will consist of a blend of conceptual and procedural elements.
The techniques of instruction include lecture, discussion and problem solving. Students are expected to have read all assigned...