Credits:
5
Prerequisites:
In this course, students will be introduced to the concepts and procedures required to account for shareholders` equity, earnings per share, leases and pensions. An intermediate level examination of current and long term liabilities, complex financial instruments, income taxes, accounting changes, and other measurement and disclosure issues will be examined. The students will be required to identify and apply the proper disclosure requirements for all required financial statements under ASPE (Accounting Standards for Private Enterprises) and under IFRS (International Financial Reporting Standards).