Business Applications

Curriculum guideline

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Course
ACCT 4890
Discontinued
No
Course code
ACCT 4890
Descriptive
Business Applications
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start date
End term
Not Specified
PLAR
No
Semester length
15 weeks
Max class size
30
Course designation
None
Industry designation
None
Contact hours

4 Hours/week

Method(s) of instruction
Hybrid
Online
Lecture
Learning activities

In this course, students engage in a variety of learning activities such as lecture, group work, case studies, and team-based exercises.

Course description
In this comprehensive business applications course students apply methodical approach for addressing scenarios that deal with financial accounting, management accounting, finance, ethics, communication, taxation, audit and information systems issues. Competencies gained from pre-requisite courses will be used to refine workplace skills relating to communication, critical thinking, management and analysis of information, routine problem solving, personal management and teamwork and accounting ethics
Course content

The following technical skills will be included in comprehensive business applications where students will be required to apply the CPA Way where applicable and effectively communicate the findings:

  • Revenue and relevant cost analysis, as well as look at control weaknesses in an accounting system.
  • Adjusting journal entries, cost-volume-profit analysis, tax reporting and remittances.
  • Financial statement and ratio analysis, ethics, analysis of systems requirements, uncertainty and capital budgeting.
  • Knowledge of responsibility centres, financial statement analysis and pro forma statements, as well as accounting information systems implementation.
  • Technical topics such as due diligence, audit planning and audit evidence.
  • Skills relating to audit, financial statement preparation, revenue recognition, accounting for leases, corporate income tax issues, and potential synergies in the situation.
  • Technical skills in financial statement preparation, revenue recognition, accounting for leases, business combinations, consolidated financial statements and the calculation of corporate income tax.
Learning outcomes

At the end of this course, the successful student, through individual and team work, should be able to:

  • Apply technical competencies gathered in financial accounting, management accounting, finance, ethics, communication, taxation, audit and information systems issues to problem solving scenarios.
  • Use the CPA Way to analyze and evaluate real-world situations.
  • Identify relevant stakeholders and provide useful financial information as needed. 
  • Demonstrate good teamwork and communication skills.
Means of assessment

Assessment will be based on course objectives, and will be carried out in accordance with the Douglas College Evaluation Policy.  The following is a summary of the evaluation components:

Group case studies (minimum four) 50%
Individual presentation on technical content 20%
Final Exam - case analysis 30%

Students must complete the individual presentation and write final exam to pass the course.

Textbook materials

Published accounting case studies to be purchased by students.

Other resources to be determined by instructor and appoved by Accounting Department.

Prerequisites

ACCT 2320 and ACCT 3310 and ACCT 3370.

ACCT 3410 and 4750 are recommended.