This course introduces students to the basic terminology, concepts and principles of accounting according to the International Financial Reporting Standards (IFRS). Students work though the full accounting cycle and prepare, analyze, and interpret financial statements.
Course code: MGMT 1007
Credits: 3.0
Tuition: $0*
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=MGMT&number=1007

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Schedule †
Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
CRN # | Dates |
Day/Time/Location |
Instructor |
73854 | September 8, 2022 to December 17, 2022 | Thu | 1:00 pm - 4:00 pm VCC Downtown Campus Delivery: Lecture See full schedule | Yang, Jessie |
73816 | September 8, 2022 to December 17, 2022 | Thu | 5:00 pm - 8:00 pm VCC Downtown Campus Delivery: Lecture See full schedule | Elmarashly, Iman |
73800 | September 9, 2022 to December 17, 2022 | Fri | 1:00 pm - 4:15 pm VCC Downtown Campus Delivery: Lecture See full schedule | Elmarashly, Iman |
Schedule †
Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
CRN # | Dates |
Day/Time/Location |
Instructor |
73934 | September 10, 2022 to December 17, 2022 | Sat | 1:00 pm - 4:00 pm VCC Downtown Campus Delivery: Lecture See full schedule | Lan, Gabrielle |
Additional Information
- 1. Basic concepts of accounting
- 2. Analyzing transactions, accounting equation
- 3. Preparation of financial statements
- 4. Preparation of general journals, T-Accounts, account ledgers, trial balance
- 5. Adjustments, preparation of an adjusted trial balance
- 6. Fixed assets, receivables, payables
- 7. Horizontal and vertical analysis, ratio analysis
- 8. Accounting for merchandising operations in business
- 9. Cash management and cash flow statement
- 10. Accounting for equity
How do I apply for this course?
This course is offered as part of a VCC program only.
* Fees are approximate and subject to change. Students are required to pay any applicable fee increases. Fees listed are for domestic students. For international programs, visit VCC International.
† 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.