Course Description
This course introduces students to the fundamental principles and procedures of accounting. Students will develop financial analysis and decision-making skills that will assist them in future studies and/or career opportunities in business. Students will acquire an understanding of accounting for a service and a merchandising business, computerized accounting, financial analysis, and ethics and current issues in accounting.
Overall Expectations
By the end of this course, students will:
A. Fundamental Accounting Practices
A1 | describe the discipline of accounting and its importance for business; |
A2 | describe the differences among the various forms of business organization; |
A3 | demonstrate an understanding of the basic procedures and principles of the accounting cycle for a service business. |
B. Advanced Accounting Practices
B1 | demonstrate an understanding of the procedures and principles of the accounting cycle for a merchandising business; |
B2 | demonstrate an understanding of the accounting practices for sales tax; |
B3 | apply accounting practices in a computerized environment. |
C. Internal Control, Financial Analysis, and Decision Making
C1 | demonstrate an understanding of internal control procedures in the financial management of a business; |
C2 | evaluate the financial status of a business by analysing performance measures and financial statements; |
C3 | explain how accounting information is used in decision making. |
D. Ethics, Impact of Technology, and Careers
D1 | assess the role of ethics in, and the impact of current issues on, the practice of accounting; |
D2 | assess the impact of technology on the accounting functions in business; |
D3 | describe professional accounting designations and career opportunities. |
Course Content
Unit | Title | Unit Time |
---|---|---|
Unit 1 | The world of accounting | 24 hours |
Unit 2 | The accounting cycle for a service business | 33 hours |
Unit 3 | The accounting cycle for a merchandising business | 24 hours |
Unit 4 | Accounting, financial analysis & decision making | 24 hours | Final | Course Culminating Activity | 3 hours |
Final Examination | 2 hours | |
Total : 110 hrs |
Diagnostic assessment is used at the beginning of a unit to assist in determining a starting point for instruction. Assessments for Learning and as Learning (AFL & AAL) provide information to students as they are learning and refining their skills. Assessment of Learning (AOL), at the end of units and course, provides students with the opportunity to synthesize/apply/demonstrate their learning and the achievement of the expectations. The course also provides the students with a variety of ways to demonstrate their knowledge through the so-called Triangulation Assessments, which may assess students through Observation and/or Conversation (i.e. Oral Presentations or Student Interviews), as well as Student Products. The AOLs are posted at the end of each unit.
There are four levels of achievement for students who are passing the course:
- Level 1 (50-59%)
- Level 2 (60-69%)
- Level 3 (70-79%)
- Level 4 (80-100%)
Level 3 is the provincial standard for student achievement.
The final grade will include the following weighting:
Knowledge/Understanding | Thinking/Inquiry | Communication | Application |
---|---|---|---|
25 | 25 | 25 | 25 |
Seventy percent (70%) of the grade will be based on evaluation conducted throughout the course. The final evaluation will take into account the student’s most recent and most consistent performance.
Thirty percent (30%) of the grade will be based on a final evaluation consisting of the final examination and the independent study unit, which will take into account the entire course, including the student’s most recent and most consistent performance.
The evaluation for this course is based on the student’s achievement of curriculum expectations and the demonstrated skills required for effective learning. Final percentage grade represents the quality of the student’s overall achievement of the expectations for the course and reflects the corresponding level of achievement as described in the achievement chart for the discipline.
Proctoring
• The tests are typically a paper-pen evaluation written at a mutually agreed time, date, and location. The tests will be proctored, meaning a suitable adult with a dedicated identifiable and authentic email address will supervise you in writing the tests. This process ensures the security and integrity of the test. Any person related or affiliated with the student in a personal way cannot serve as a test supervisor.
Resources required by the student
- A scanner, smartphone camera, or similar device to upload handwritten or hand-drawn work
- A front-facing camera on a desktop, laptop, or mobile device to allow for proctoring over the internet
- Internet access and a modern standards-compliant web browser
The tuition for this course is $800 for Canadian students and $2000 for international students.
Refunds
Maple Leaf School does not issue refunds. When a student enrolls in our course, MLS administration team undertakes many tasks including establishing electronic/physical files, assigning teachers and tracking the enrolment for Ministry purposes, etc. The work is completed by our school the moment you register online.
Course Curriculum
Course Information | |||
Course Outline | 00:00:00 | ||
Hour Breakdown | 00:00:00 | ||
Mark Breakdown | 00:00:00 | ||
Unit One | |||
U1L1 | 00:00:00 | ||
U1L2 | 00:00:00 | ||
U1L3A | 00:00:00 | ||
U1L3B | 00:00:00 | ||
U1L4A | 00:00:00 | ||
U1L4B | 00:00:00 | ||
U1L5 | 00:00:00 | ||
U1L6 | 00:00:00 | ||
U1L7 | 00:00:00 | ||
U1L8 | 00:00:00 | ||
Unit Two | |||
U2L1A | 00:00:00 | ||
U2L1B | 00:00:00 | ||
U2L2 | 00:00:00 | ||
U2L3 | 00:00:00 | ||
U2L4A | 00:00:00 | ||
U2L4B | 00:00:00 | ||
U2L5 | 00:00:00 | ||
Unit Three | |||
U3L1 | 00:00:00 | ||
U3L2 | 00:00:00 | ||
U3L3 | 00:00:00 | ||
U3L4 | 00:00:00 | ||
Unit Four | |||
U4L1 | 00:00:00 | ||
U4L2 | 00:00:00 | ||
U4L3 | 00:00:00 | ||
Final Exam | |||
Course Culminating Activity | 00:00:00 | ||
Request for Final Exam | 00:00:00 |
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