vcc.ca
OADM 1204: Office Finance
Effective date
May 2020
Department
Admin Professional 1 & 2
School
Hospitality, Food Studies and Applied Business
Description
This course provides an introduction to accounting principles needed to perform basic bookkeeping operations. Administrative assistant-related activities are emphasized to deal with GST and PST, travel expenses, petty cash, ordering of supplies, and banking procedures. Learners are introduced to a standard accounting software.
Credits
2.5
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:
- Identify various types of source documents
- Record business transactions using the double entry accounting system
- Account for GST and PST in business transactions
- Enter transactions using special journals
- Prepare travel arrangements and complete travel expense vouchers
- Record petty cash expenses and reimbursements
- Understand banking procedures for depositing money
- Understand the procurement cycle for ordering supplies
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 26
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 22
Total Hours: 48
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 22
Total Hours: 48
Instructional Strategies
This course uses lectures and PowerPoint presentations to help students achieve the learning outcomes. In addition, the instructor will use assignments and exams to help students apply the course material and identify strengths and weaknesses of their knowledge gained in the course.
Grading System
Letter Grade (A-F)
Passing grade
D
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Assignments |
30% |
Assignments - journalizing transactions, petty cash, travel expenses |
|
Assignments |
20% |
Computerized accounting assignment (20%) |
|
Midterm Exam |
20% |
|
|
Final Exam |
20% |
|
|
Participation |
10% |
|
Course topics
- Double entry accounting system
- General Journal
- General Ledger
- GST and PST
- Using special journals
- Petty Cash
- Travel arrangements and travel expenses
- Banking procedures
- Ordering supplies
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.