Financial Accounting Principles – BAT4M

Course Prerequisite

Financial Accounting Fundamentals, Grade 11, University/College Preparation

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.   

Course Info

Course Outline & Units

Unit Order

Unit Name

Suggested Time

Unit 1

The Accounting Cycle     

By the end of this course, students will: 

  • 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.

   

25 hours
Unit 2

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.

  

25 hours
Unit 3

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.

 

26 hours
Unit 4

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 analyze accounting data for decision-making purposes.

 

 

26 hours
Final Evaluation 30%

Culminating Project 

Final Exam 

 

6 hours

2 hours

Total 110 Hours
Learning Strategies

A wide variety of instructional strategies are used to provide learning opportunities to accommodate a variety of learning styles, interests and ability levels. These strategies include, but are not limited to:  

Strategies marked with “x” are used in the course.

Direct Instruction (teacher-led) x Class Activity (teacher facilitation)

x

Direct Instruction (discussion possible)

x Experiential learning (Learn by doing) x
Class Discussion (teacher facilitated) x Worksheets/Surveys

Small Group Discussion

Individual or Group Research x
Partner Discussion/Conferencing x Teacher modeling

x

1:1 Conferencing Teacher & Student

x Text-based modeling
Teacher reading to class Use of Computers / Internet Silent individual reading

Silent individual reading

Use of video tape or audio materials x

Group based reading

Role Playing

 
Independent Work (teacher facilitation) Presentations

x

Group Work (teacher facilitation)

x Guest Speaker/Interview/Questions  
Brainstorming x Field Trip

 

Course FAQ
The course duration is 110 hours, delivered in an online school format.  
Financial Accounting Fundamentals, Grade 11, University/College Preparation
The course fee is based on the selected option of Online Instructor-Class Credit For detailed information and pricing, please check our website.
Assessment & Resources

Purpose       

The primary purpose of assessment is to improve student learning. Assessment relates directly to the expectations for the course.   

A variety of assessments for and as learning are conducted on a regular basis to allow ample opportunities for students to improve and ultimately demonstrate their full range of learning and for the teacher to gather information to provide feedback. Assessment tasks relate to the success criteria set out in lesson plans. Success criteria allow students to see what quality looks like.   

Evaluation is the process of judging the quality of student work in relation to the achievement chart categories and criteria and assigning a percentage grade to represent that quality. Evaluation is based on gathering evidence of student achievement through:   

  • Products  
  • Observations  
  • Conversations  

   

Assessment for Learning – we provide feedback and coaching. Assessment FOR Learning is the process of seeking and interpreting evidence for the use of learners and their teachers to decide where the learners are in their learning, where they need to go, and how best to go there.   

   

Assessment as Learning – we help students monitor progress, set goals, reflect on their learning   

Assessment AS Learning is the process of the explicit fostering of students’ capacity over time to be their own best assessors, but teachers need to start by presenting and modeling external, structured opportunities for students to assess themselves.   

   

Assessment of Learning – we use assessments to provide evaluative statements about student achievement. Assessment OF Learning is the assessment that becomes public and results in statements of symbols   

(marks/grades/levels of achievement) about how well students are learning. It often contributes to pivotal decisions that will affect students’ future.   

ASSESSMENT TOOLS

Assessment tools marked with “x” are used in the course

Marking schemes

x  

Rubrics

x  

Anecdotal comments

x  

Checklists

x   

Rating Scales

 

 

 

Assessment for Learning 

Assessment as Learning 

Assessment of Learning 

Quizzes 

X   Journal  X  

Tests                                      

X  

Tests                                      

  Exit and Entrance Cards  Presentations   

 

Presentations   

  KWL Chart    Journals 

Journals 

Self/Peer assessment  Essays 

Essays 

  Logs    Models 

 

Models 

     

Projects 

X  

Projects 

      Demonstrations 

 

Demonstrations 

X     Conferencing   
Conferencing        Questioning 

 

Questioning 

      Independent Study Assignment  X  
Independent Study Assignment      Art Exhibits 

 

Art Exhibits 

      Researching 
Researching      Reading Aloud 

 

Reading Aloud 

      Problem Solving (process focused)   

Problem Solving (process focused) 

      Debates 

 

Debates       

Work Sheets 

Work Sheets      Role Playing 

 

Role Playing 

      Direct Instruction    
Direct Instruction          

 

           

 Resources 

Course Final Grade & Report Card

Grading     

  • The final grade is based on performance in 3 areas: products, observations, conversations.  
  • 70% of the grade is based on evaluations conducted throughout the course.  
  • 30% is based on a final evaluation.  

   

Weighting of categories       

Knowledge/Understanding   Thinking/Inquiry  Communication   Application 
25%  25%  25%  25 % 

   

 

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Course Grade

Grade 12

Course Code

BAT4M

Course Category

Business Studies

Course Type

University/College Preparation

Course Delivery

Online

Course Duration

110h

Course Credit

1.00
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