Accounting

This introductory course in financial accounting reviews the accounting cycle and the preparation of financial statements. Topics include: accounting concepts; recording transactions; adjusting accounts, preparing statements and completing the accounting cycle; accounting for merchandising activities; and inventories and special journals.

Topics include: internal controls and accounting for cash, temporary investments, and receivables; capital assets; current and long-term liabilities; accounting for partnerships and corporations; cash flow statements; and conceptual framework of accounting.Prerequisites: Financial Accounting 1 - Part 1 or equivalent.

The course focuses on the asset side of the balance sheet. The first part of the course covers financial reporting and accounting concepts, income statement and balance sheet presentation, the cash flow statement, and revenue and expense recognition. The second half of the course covers current monetary balances, inventory and cost of goods sold, temporary and long-term investments, and capital assets.Prerequisites: Financial Accounting 1 - Part 1 and Part 2 or equivalent.

This intermediate financial accounting course emphasizes on liabilities and equities. Topics include: legal and financial aspects of partnerships and corporations; current and long-term liabilities; shareholders; equity; complex debt and equity instruments; leases; accounting for income taxes; pension and other post-employment benefits; accounting changes; cash flow statement; and the analysis of financial statements.Prerequisites: Financial Accounting 2 or equivalent.

Learn the foundational concepts and practices of management accounting. Topics include: costing accounting fundamentals; job and process costing; cost-volume-profit analysis; budgeting and control; inventory costing; and information for management control and decision analysis.Prerequisites: Financial Accounting 1 - Part 1 and Part 2 or equivalent.

This foundation course in managerial finance focuses on the major decisions made by the financial executive. Content includes: analysis of the financial environment and its components; security valuation; the determinants of interest rates; strategic decisions in capital budgeting, cash flow estimation; the cost of capital; working capital management; and financial planning.Prerequisites: Financial Accounting 1 - Part 1 & Part 2 and Quantitative Methods.

This course is not offered at this time. Please email csgeneral@langara.ca for details.

An in-depth study of issues and tools that assist financial managers in decision-making. Topics include: capital budgeting under uncertainty; long-term sources of funds; capital structure; dividend policy; special financing and investment decisions; futures, forwards, options, and swamps; treasury risk management; financial planning; and long-term planning strategic issues in finance.Prerequisites: Finance 1 - Part 1 or equivalent.

This course introduces the fundamentals of interpersonal and group interaction including written, verbal, and non-verbal communication. We look at options in presentation preparation and delivery techniques, awareness of tone, consideration of audience, and selection of indirect and direct message organization.All final exams conducted on campus, in person.

Topics covered in this course include: data and data presentation; probability; decision analysis; sampling distributions; applications of sampling and risk analysis; statistical estimation, hypothesis testing; regression and correlation; multiple regression; index numbers; time series; statistical decision theory; and an introduction to linear programming.Prerequisites: Completion of Basic Probability & Statistics or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

Topics covered include the collection, classification, analysis and presentation of numerical data; measures of location and variability; probability; random samples and sampling distributions; estimation of parameters; testing hypotheses; regression and chi-square. This course is followed by the Quantitative Methods 1 course.Note: The Final Exam is in-person and will take place between August 617, 2024.

This is an introduction to the issues, concepts, and theories of micro and macroeconomics. This course provides practice in applying economic reasoning to decision-making and forecasting problems in business, industry, and government.

Gain knowledge about the legal aspects of doing business in Canada. Topics include the Canadian legal system, statutory and common law principles; contract law; tort (negligence) law; public and private company law; commercial law; banking law; debtor-creditor relations; agency theory; real and personal property law; and intellectual property law. Apply legal principles and analysis to everyday challenges faced by Canadian businesses. Note: The Final Exam is in-person and will take place between August 6 17, 2024.

This introductory course combines management and accounting into a computer-based information system. Explore the different types of hardware and software necessary to an organizations effective work environment. Explore ways to successfully obtain and process information to enhance business performance by integrating network topologies, files and database methods. Learn to make sound decisions and solve problems by taking a closer look at each stage of the life cycles of information systems for successful implementation.

This course is an introduction to internal and external auditing principles and procedures. Topics include: reporting; the ethical and legal environment; audit objectives, audit evidence; audit planning and analytical review; materiality and risk; internal control; and EDP and audit sampling. Audit of the sales and collection cycle and payroll and personnel cycle are also studied.Prerequisites: Financial Accounting 3 and Quantitative Methods 1 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

This course is not offered at this time. Please email csgeneral@langara.ca for details.

Topics covered in this course include: cost flows in organizations; cost estimation and regression analysis; planning models; linear programming; decision making models; cost-volume-profit analysis; financial modeling; issues in management control; responsibility accounting; transfer pricing; executive incentives; and compensation.Prerequisites: Management Accounting 1 and Finance 1 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

This course covers the fundamental principles, concepts, and application of Canadian federal income tax legislation, including the structure of the Income Tax Act. The topics covered include: income and liability for tax; income from employment, business, and property; deductions; capital gains and losses; and computation of taxable income for individuals and corporations.Prerequisites: Financial Accounting 3 or equivalent.

This course provides an in-depth study of the major areas of advanced financial accounting: standard setting in Canada and internationally, financial instruments, income tax allocation, long-term intercorporate investments, consolidation, foreign currency translation and the translation and consolidation of foreign subsidiaries, and not-for-profit and public sector accounting.Prerequisites: Financial Accounting 3 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

Learn to maximize your organizations financial resources potential to better plan for the future by analyzing both internal and external factors. This course will expose students to the current trends in theory and application of strategic management with a focus on financial implications. In addition, learn how to handle complexity and uncertainty of the organization, industry and markets. Business level, corporate level strategies, competitive and industry analysis will be reviewed. This course will have a strong emphasis on financial and non-financial strategic objectives to play a role in the organizations longevity.Prerequisites: Management Accounting 2 and Financial Accounting 3 or equivalent.

This course is not offered at this time. Please email csgeneral@langara.ca for details.

Sage 50 is the popular and easy-to-use accounting software for home offices and small businesses. Learn to set up company files and enter transactions for general ledger, accounts receivables, accounts payable, and inventory, and how to manage capital expenses. All final exams conducted on campus, in person.Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Software for PC only. Textbook is required and available at the Langara Bookstore.

Build upon your Sage 50 knowledge by adding multi-currency transactions, bank reconciliations, payroll, customized reporting features, credit card payment, and receipts. Enter company histories and learn such important topics as network security, projects, and setting budgets. All final exams conducted on campus, in person.Prerequisites: Sage 50-1 or equivalent required. Note: Software for PC only. Textbook is required and available at the Langara Bookstore.

This course covers the setup and transaction processing of the Sage 300 Accounts Payable module. Topics include: recording of Accounts Payable Invoices, Adjustments, and Payment transactions. Other topics include: vendor and vendor group maintenance. At the end of the course, you will have the skills to work effectively as an accounts payable clerk using the Sage 300 ERP software. Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Textbook is optional and available at the Langara Bookstore. Software is for PC only and access to a laptop required.

This course focuses on recording transactions and analyzing reports in the General Ledger and Accounts Receivable module. Topics will include: advanced recording and editing of GL Journal Entries, and reporting of financial data. In addition, you will also learn to create and record invoices, payments, and adjustments in the Accounts Receivable module. Finally, there will be an in-depth discussion on how to reconcile bank statements using the appropriate modules. Prerequisites: Sage 300-1 or equivalent required. Note: Textbook optional and available at the Langara Bookstore. Software is for PC only and access to a laptop required.

Quickbooks Online (QBO) has become one of the most popular accounting applications on the market. This course provides hands-on instruction on setting up Quickbooks on the cloud, customizing forms, and processing sales transactions, invoices, and bill payments, as well as managing inventory, payroll, and sales taxes through your web browser. You will also learn to use QBO to analyze financial data and improve your business strategies. All final exams conducted on campus, in person.Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Please bring a USB to class. Textbook and USB available at the Langara Bookstore for purchase.

Using Quickbooks Online (QBO), this course will teach you more advanced skills, such as banking and credit cards, foreign currencies, payroll, and how to customize settings. Additional topics include generating employee T4 slips and Employee Record of Employment. All final exams conducted on campus, in person.Prerequisites: Quickbooks 1 or equivalent experience required. Please bring a USB to class. Note: Textbook and USB available at the Langara Bookstore for purchase.

This introductory course in financial accounting reviews the accounting cycle and the preparation of financial statements. Topics include: accounting concepts; recording transactions; adjusting accounts, preparing statements and completing the accounting cycle; accounting for merchandising activities; and inventories and special journals.

Topics include: internal controls and accounting for cash, temporary investments, and receivables; capital assets; current and long-term liabilities; accounting for partnerships and corporations; cash flow statements; and conceptual framework of accounting.Prerequisites: Financial Accounting 1 - Part 1 or equivalent.

This course introduces the fundamentals of interpersonal and group interaction including written, verbal, and non-verbal communication. We look at options in presentation preparation and delivery techniques, awareness of tone, consideration of audience, and selection of indirect and direct message organization.All final exams conducted on campus, in person.

Gain knowledge about the legal aspects of doing business in Canada. Topics include the Canadian legal system, statutory and common law principles; contract law; tort (negligence) law; public and private company law; commercial law; banking law; debtor-creditor relations; agency theory; real and personal property law; and intellectual property law. Apply legal principles and analysis to everyday challenges faced by Canadian businesses. Note: The Final Exam is in-person and will take place between August 6 17, 2024.

This is an introduction to the issues, concepts, and theories of micro and macroeconomics. This course provides practice in applying economic reasoning to decision-making and forecasting problems in business, industry, and government.

The course focuses on the asset side of the balance sheet. The first part of the course covers financial reporting and accounting concepts, income statement and balance sheet presentation, the cash flow statement, and revenue and expense recognition. The second half of the course covers current monetary balances, inventory and cost of goods sold, temporary and long-term investments, and capital assets.Prerequisites: Financial Accounting 1 - Part 1 and Part 2 or equivalent.

This intermediate financial accounting course emphasizes on liabilities and equities. Topics include: legal and financial aspects of partnerships and corporations; current and long-term liabilities; shareholders; equity; complex debt and equity instruments; leases; accounting for income taxes; pension and other post-employment benefits; accounting changes; cash flow statement; and the analysis of financial statements.Prerequisites: Financial Accounting 2 or equivalent.

This foundation course in managerial finance focuses on the major decisions made by the financial executive. Content includes: analysis of the financial environment and its components; security valuation; the determinants of interest rates; strategic decisions in capital budgeting, cash flow estimation; the cost of capital; working capital management; and financial planning.Prerequisites: Financial Accounting 1 - Part 1 & Part 2 and Quantitative Methods.

This course is not offered at this time. Please email csgeneral@langara.ca for details.

An in-depth study of issues and tools that assist financial managers in decision-making. Topics include: capital budgeting under uncertainty; long-term sources of funds; capital structure; dividend policy; special financing and investment decisions; futures, forwards, options, and swamps; treasury risk management; financial planning; and long-term planning strategic issues in finance.Prerequisites: Finance 1 - Part 1 or equivalent.

Learn the foundational concepts and practices of management accounting. Topics include: costing accounting fundamentals; job and process costing; cost-volume-profit analysis; budgeting and control; inventory costing; and information for management control and decision analysis.Prerequisites: Financial Accounting 1 - Part 1 and Part 2 or equivalent.

This introductory course combines management and accounting into a computer-based information system. Explore the different types of hardware and software necessary to an organizations effective work environment. Explore ways to successfully obtain and process information to enhance business performance by integrating network topologies, files and database methods. Learn to make sound decisions and solve problems by taking a closer look at each stage of the life cycles of information systems for successful implementation.

Topics covered in this course include: data and data presentation; probability; decision analysis; sampling distributions; applications of sampling and risk analysis; statistical estimation, hypothesis testing; regression and correlation; multiple regression; index numbers; time series; statistical decision theory; and an introduction to linear programming.Prerequisites: Completion of Basic Probability & Statistics or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

Topics covered include the collection, classification, analysis and presentation of numerical data; measures of location and variability; probability; random samples and sampling distributions; estimation of parameters; testing hypotheses; regression and chi-square. This course is followed by the Quantitative Methods 1 course.Note: The Final Exam is in-person and will take place between August 617, 2024.

Sage 50 is the popular and easy-to-use accounting software for home offices and small businesses. Learn to set up company files and enter transactions for general ledger, accounts receivables, accounts payable, and inventory, and how to manage capital expenses. All final exams conducted on campus, in person.Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Software for PC only. Textbook is required and available at the Langara Bookstore.

Build upon your Sage 50 knowledge by adding multi-currency transactions, bank reconciliations, payroll, customized reporting features, credit card payment, and receipts. Enter company histories and learn such important topics as network security, projects, and setting budgets. All final exams conducted on campus, in person.Prerequisites: Sage 50-1 or equivalent required. Note: Software for PC only. Textbook is required and available at the Langara Bookstore.

This course covers the setup and transaction processing of the Sage 300 Accounts Payable module. Topics include: recording of Accounts Payable Invoices, Adjustments, and Payment transactions. Other topics include: vendor and vendor group maintenance. At the end of the course, you will have the skills to work effectively as an accounts payable clerk using the Sage 300 ERP software. Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Textbook is optional and available at the Langara Bookstore. Software is for PC only and access to a laptop required.

This course focuses on recording transactions and analyzing reports in the General Ledger and Accounts Receivable module. Topics will include: advanced recording and editing of GL Journal Entries, and reporting of financial data. In addition, you will also learn to create and record invoices, payments, and adjustments in the Accounts Receivable module. Finally, there will be an in-depth discussion on how to reconcile bank statements using the appropriate modules. Prerequisites: Sage 300-1 or equivalent required. Note: Textbook optional and available at the Langara Bookstore. Software is for PC only and access to a laptop required.

Quickbooks Online (QBO) has become one of the most popular accounting applications on the market. This course provides hands-on instruction on setting up Quickbooks on the cloud, customizing forms, and processing sales transactions, invoices, and bill payments, as well as managing inventory, payroll, and sales taxes through your web browser. You will also learn to use QBO to analyze financial data and improve your business strategies. All final exams conducted on campus, in person.Prerequisites: Bookkeeping Level 1 and basic computer skills or equivalent required. Note: Please bring a USB to class. Textbook and USB available at the Langara Bookstore for purchase.

Using Quickbooks Online (QBO), this course will teach you more advanced skills, such as banking and credit cards, foreign currencies, payroll, and how to customize settings. Additional topics include generating employee T4 slips and Employee Record of Employment. All final exams conducted on campus, in person.Prerequisites: Quickbooks 1 or equivalent experience required. Please bring a USB to class. Note: Textbook and USB available at the Langara Bookstore for purchase.

Topics covered in this course include: cost flows in organizations; cost estimation and regression analysis; planning models; linear programming; decision making models; cost-volume-profit analysis; financial modeling; issues in management control; responsibility accounting; transfer pricing; executive incentives; and compensation.Prerequisites: Management Accounting 1 and Finance 1 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

This course covers the fundamental principles, concepts, and application of Canadian federal income tax legislation, including the structure of the Income Tax Act. The topics covered include: income and liability for tax; income from employment, business, and property; deductions; capital gains and losses; and computation of taxable income for individuals and corporations.Prerequisites: Financial Accounting 3 or equivalent.

This course is an introduction to internal and external auditing principles and procedures. Topics include: reporting; the ethical and legal environment; audit objectives, audit evidence; audit planning and analytical review; materiality and risk; internal control; and EDP and audit sampling. Audit of the sales and collection cycle and payroll and personnel cycle are also studied.Prerequisites: Financial Accounting 3 and Quantitative Methods 1 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

This course is not offered at this time. Please email csgeneral@langara.ca for details.

This course provides an in-depth study of the major areas of advanced financial accounting: standard setting in Canada and internationally, financial instruments, income tax allocation, long-term intercorporate investments, consolidation, foreign currency translation and the translation and consolidation of foreign subsidiaries, and not-for-profit and public sector accounting.Prerequisites: Financial Accounting 3 or equivalent.Note: The Final Exam is in-person and will take place between August 617, 2024.

Learn to maximize your organizations financial resources potential to better plan for the future by analyzing both internal and external factors. This course will expose students to the current trends in theory and application of strategic management with a focus on financial implications. In addition, learn how to handle complexity and uncertainty of the organization, industry and markets. Business level, corporate level strategies, competitive and industry analysis will be reviewed. This course will have a strong emphasis on financial and non-financial strategic objectives to play a role in the organizations longevity.Prerequisites: Management Accounting 2 and Financial Accounting 3 or equivalent.

This course is not offered at this time. Please email csgeneral@langara.ca for details.