Financial Accounting 1

Course code ACCT 1035

Credit 3.0

Length 45.0 hours

Course outline View

Students are introduced to the system in which information is collected by the accounting process and presented by financial statements. Accounting cycle, statement preparation, special journals, internal control and the accounting for cash, inventory, payroll, merchandising and sales tax are examined. Basic financial reporting is reviewed.

Prerequisites

Course type

This course is offered as part of a VCC program and cannot be taken individually.
International students: Eligibility is determined at the program level. Visit the program page for international student requirements and application information.

  • Accounting Overview
  • Recording Business Transactions
  • Measuring Business Income and Adjustments
  • Completing the Accounting Cycle
  • Merchandise Operations
  • Accounting for Merchandise Inventory
  • Accounting Information Systems – Sage50 or QuickBooks Overview
  • Internal Control and Bank Reconciliations
  • Receivables

Course schedules

Select your program to see the available course schedules.

How to take this course

This course is offered as part of a VCC program only.

Contact us

If you have any questions, please email at [email protected].

† 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.

Indigenous Territory Acknowledgment

VCC is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples who have been stewards of these lands since time immemorial.