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Ministry Guidelines

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The Accounting Cycle
Accounting Practices for Assets
Partnerships & Corporations
Financial Analysis

Financial Accounting Principles , Grade 12, University/College Preparation

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

 

Prerequisite: Financial Accounting Fundamentals, Grade 11 University/College Preparation (BAF3M)

 

Policy Document: The Ontario Curriculum, Grades 11 and 12, Business Studies (revised), 2006.

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