Department of Business
Ascension of Our Lord Secondary School
Course Code:
Course Name:
Level:
BAT4M
Financial Accounting
Grade 12 University/College
Student Name:
________________________
Textbook #: ______________
Course Description:
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.
Accounting practices, ethics, assets, interpretation of annual reports, debt/equity financing preferred
and common shares and the application of GAAP (General Accepted Accounting Principles and financial
analysis will be applied.
Prerequisite: Financial Accounting Fundamentals, Grade 11, University/College Preparation
Overall Course Expectations or Strands:
Overall Expectations
The Accounting Cycle
• demonstrate an understanding of accounting principles and practices;
• demonstrate an understanding of the accounting cycle in a computerized environment
for a service business and a merchandising business;
• demonstrate an understanding of ethics and issues in accounting.
Accounting Practices for Assets
By the end of this course, students will:
• demonstrate an understanding of accounting procedures for short-term assets;
• analyse accounting procedures for inventories;
• demonstrate an understanding of methods of accounting for capital assets.
Partnerships and Corporations
By the end of this course, students will:
• demonstrate an understanding of accounting in partnerships;
• demonstrate an understanding of accounting in corporations.
Financial Analysis and Decision Making
By the end of this course, students will:
• compare methods of financing;
• explain and interpret a corporation’s annual report;
• use financial analysis techniques to analyse accounting data for decision-making purposes.
My signature below indicates that I have read the Course Handout, and I am in agreement with its contents.
Parent’s/Guardian’s Signature: _________________________ Date: _______________
Students’ Signature: ________________________________
Date: _______________
Course Timeline:
Resources:
The course will use a variety of resources which will
be distributed to students during the first week of the
course. The text and all other resources assigned to
each student are the responsibility of the student.
1. The Accounting Cycle
15 hours
Resource for this course includes:
2. Accounting Practices for Assets
30 hours
Textbook: ACCOUNTING PRINCIPLES
Weygandt, Kieso, Kimmel, Trenholm (c) 2002
3. Partnerships and Corporations
25 hours
Students must provide:

Notebook, paper, pen, pencil
4. Financial Analysis and Decision Making
40 hours
Please note if text book is lost and not returned the
student will be charged the following replacement cost
below:
Replacement cost: $ 85
All timelines are approximate.
Evaluation
Student Evaluation will be based on the following criteria:
Category
Knowledge and Understanding
Thinking
Communication
Application
Term Work (assignments, tests, article
analysis, presentations)
= 70%
(culminating performance task)
Final Examination
Grade Percentage
30%
25%
15%
30%
Final Evaluation = 30%
0% (not applicable)
30%
1. Feedback will also be provided for student learning skills. Independent work, collaboration,
organization, responsibility, self-regulation and initiative are assessed apart from student
achievement in the four categories outlined above and will conform to the coding:
E – Excellent
G – Good
S – Satisfactory
N - Needs Improvement
2. Assignments submitted after the due date established by the teacher will receive a penalty in
accord with our Board’s Assessment & Evaluation Policy Document as outlined in the student
agenda.
3. Should a student miss an evaluation due to a legitimate absence, in accord with our Board A&E
Policy Document, the student and teacher will make arrangements to address the missed
evaluation in a timely manner. In the cases of extended vacation or prolonged absence,
consultation with the appropriate administrator is required.
4. In the event that the student does not make up the missed evaluation(s), a zero may be assigned.
If it is determined that the evaluation(s) has/have been missed as a result of a skip/truancy or
has/have been plagiarized, a zero may be assigned.
5. For all other cases of absence and/or missed evaluations (including absence during the final
examination period), please refer to our Board A&E Policy as outlined in the student agenda.
6. Efforts will be made to meet the individual learning needs of students to promote student success
with respect to meeting the expectations of this course.
May God bless your efforts this semester!