Intermediate Accounting 2

Course code ACCT 2055

Credit 3.0

Length 45.0 hours

Course outline View

This course builds on the skills learned in ACCT 2045, Intermediate Accounting 1. Students develop skills working with liabilities, equities, pensions, leases, taxes and accounting for errors and changes in accounting policy. Generally Accepted Accounting Principles (GAAP) used in recording and presenting financial statements are emphasized throughout the course.

Prerequisites

ACCT 2045.

Missing prerequisites?

Learn more about VCC's academic upgrading or English as a Second Language (ESL) courses, or discover which university transfer options are right for you.

What you will learn

  • Non-Financial and Current Liabilities
  • Long-Term Financial Liabilities
  • Shareholder's Equity
  • Complex Financial Instruments
  • Earnings per Share
  • Accounting for Income taxes
  • Pensions and Other Post-Employment Benefits
  • Leases
  • Accounting Changes and Error Analysis
  • Cash Flow Statements
  • Other Measurement and Disclosure Issues

How to register

This course is offered as part of a VCC program only.

Course schedules

Select your program to see the available course schedules.

CRN# Duration Delivery Location
72801 September 1, 2026
to December 11, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

Contact us

If you have any question, please email at [email protected].

† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.

Indigenous Territory Acknowledgment

VCC is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples who have been stewards of these lands since time immemorial. As a place of learning, we are grateful to be here while committing to respecting and honouring Indigenous knowledge, cultures, and communities.