Course Descriptions

Financial Accounting Fundamentals (FA1)

This introductory course in financial accounting reviews the accounting cycle and preparation of financial statements. Topics include accounting for merchandising activities, internal control and accounting for cash, temporary investments and accounts receivable, inventories and cost of goods sold, capital assets, current and long-term liabilities, partnership accounting and accounting for corporations, as well as the cash flow statement.

Micro & Macro Economics (EM1)

This is a principles course in the issues, concepts, and theories of micro and macro economics. It provides practice in applying economic reasoning to decision and forecasting problems in business, industry, and government. Students gain an understanding of how the Canadian economy functions and interacts with the global economy. Topics include supply, demand, price, elasticity; production costs and decisions; market structures and pricing; national economic issues, performance, and policy; money, banking, and interest; and the global environment of trade and finance.

Business Law (LW1)

This course introduces the Canadian legal system, tort law and professional liability, the principles of contract law, the law governing specific kinds of commercial contracts, debtor and creditor relations, and business organizations. Students learn to avoid potential legal problems, to recognize those situations calling for legal expertise, and to communicate more effectively with legal counsel.

Credit Management (CR1)

This course will provide students with the knowledge required to manage a credit department. Topics covered in this course include credit department policy, credit investigations and information systems relative to mercantile and consumer credit, financial statement analysis, securities, risk evaluations, collections, bankruptcy and insolvency, and credit department organization and reporting.