This course introduces students to the basic terminology, concepts and principles of accounting according to the International Financial Reporting Standards (IFRS). Students work though the full accounting cycle.
Prerequisites
What you will learn
- Basic concepts of accounting
Analyzing transactions, accounting equation
Preparation of financial statements
Preparation of general journals, T-Accounts, account ledgers, trial balance
Adjustments, preparation of an adjusted trial balance
Fixed assets, receivables, payables
Horizontal and vertical analysis, ratio analysis
Accounting for merchandising operations in business
Cash management and cash flow statement
Accounting for equity
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 | ||
|---|---|---|---|---|---|
| 70129 |
September 8, 2026 to December 17, 2026 |
Lecture Lab |
VCC Broadway Building A | See full schedule |
Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.
Contact us
If you have any questions, please email at [email protected].
Additional information
Methods of assessment may include a challenge exam, submission of a product or portfolio for review, or a practical demonstration. Please contact the Department for details.
† 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.