Admission is competitive and will be offered to the most qualified applicants.

All applications will be reviewed by the program area at the application deadline. Applicants must meet all entrance requirements to be considered.

Analyze financial statements by computing financial ratios and various analysis methods.This program has a two-step admission process.

Explain the nature of cash, working capital, and the various sources and uses of cash as it pertains to the management of a business.

Prepare and statement of cash flows under indirect and direct methods.

Demonstrate appropriate accounting for a partnership including: addition of partners, allocation of earnings or losses, withdrawal of partners and liquidation of partnerships.

Describe the nature of consolidated financial statements, and apply appropriate short term and long term investment principles to other forms of investment or ownership.

Demonstrate the treatments and entries required for a basic payroll system.

Evaluate and apply appropriate treatment of extraordinary items, prior period adjustments and accounting changes.

Demonstrate the accounting required for the shareholders' equity of a corporation including the issuance of shares, the declaration and payment of dividends, and the related effect on Retained Earnings.

Describe and differentiate the advantages and disadvantages of a corporation, a partnership and a sole proprietorship as forms of business organization.

Assess the nature and behaviour, of interest bearing instruments such as bonds, notes payable, and notes receivable (both short and long term) while demonstrating appropriate accounting treatments.

Analyze the purpose and demonstrate the calculation of amortization on various types of property, plant and equipment using generally accepted accounting principles.

Evaluate the nature and management of accounts and notes receivable and the aging of accounts receivables.

Explain the purpose and need for internal controls and prepare bank reconciliations.

Apply generally accepted accounting principles and determine how they influence financial reporting.

Prepare journal and adjusting entries to record transactions in each topic area studied.

Upon successful completion of this course, the student will able to:

Centre for Applied Research & Innovation.

Accounting certificate bcit