vcc.ca
OADM 1401: Introduction to Accounting
Effective date
January 2024
Department
Executive Assistant
School
Hospitality, Food Studies and Applied Business
Description
This course provides students with an introduction to financial and managerial accounting. It introduces the basics of fundamental accounting principles for preparing, summarizing and interpreting financial statements and data.
This course is part of the Executive Assistant (Part-time) program.
Credits
1.5
Year of study
1st Year Post-secondary
Prerequisites
None
Corequisites
None
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Apply fundamental accounting principles in preparing, summarizing, creating and interpreting financial statements and data.
Prior Learning Assessment & Recognition (PLAR)
Interview with the department head
Hours
Lecture, Online, Seminar, Tutorial: 35
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 10
Total Hours: 45
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 10
Total Hours: 45
Instructional Strategies
Students are required to attend classes, complete assigned homework, and participate in class discussions. The subject matter is taught by lectures, discussions, demonstrations, and applications of practical real life examples from today's organizations to the role of the executive assistant.
Grading System
Letter Grade (A-F)
Passing grade
D
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Assignments |
30 |
|
|
Quizzes/Tests |
5 |
|
|
Midterm Exam |
30 |
|
|
Final Exam |
35 |
|
Course topics
- Accounting and the business environment
- Business transactions
- Business invoices including the adjusting process
- The accounting cycle and financial statements
- Merchandising operations
- Internal controls and cash
- Property, plant and equipment
- Taxes and payroll
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/. - To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.