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Financial Accounting Principles

BAT4M-GRADE 12

Course Code:

BAT4M

Subject:

Financial Accounting Principles

Course type:

open

Prerequiste:

None

BAT4M introduces students to advanced accounting principles used in business decision-making. The course focuses on the accounting cycle, financial reporting, and ethical standards in corporate finance

  • Students explore partnerships
  • Corporations,
  • financial analysis tools
  • Developing a deeper understanding of how accounting supports organizational planning
  • Control.
This course is ideal for students interested in finance, business, or postsecondary commerce programs.

Unit 1: The Accounting Cycle

Students gain an in-depth understanding of fundamental accounting practices and the steps involved in the accounting cycle.
Lessons include:
  • Accounting Principles and Practices

  • Roles of Accounting Bodies

  • The Accounting Cycle

  • Accounting Entries

  • Ethical Issues

  • Current Issues in Accounting

  • Technology in Accounting

Unit 2: Accounting for Assets

This unit focuses on the management and reporting of short-term and long-term assets.
Lessons include:
  • Short-Term Assets

  • Accounts Receivable

  • Inventory Procedures

  • Inventory Valuation Methods

  • Capital vs. Revenue Expenditures

  • Tangible & Intangible Assets

  • Amortization

Unit 3: Partnerships and Corporations

Students learn how different business structures impact financial transactions and reporting.
Lessons include:
  • General & Limited Partnerships

  • Partnership Transactions & Accounting

  • Corporations and Share Structures

  • Common vs. Preferred Stocks

  • Dividends

  • Preparing Financial Statements

Unit 4: Financial Analysis and Decision Making

This unit develops skills in interpreting financial data for business decisions.
Lessons include:
  • Methods of Financing

  • Funding Sources

  • Understanding Annual Reports

  • Financial Analysis Techniques

  • Horizontal and Vertical Analysis

  • Financial Ratios

  • Cash Flow Statements

Unit 5: Final Evaluation

Students complete a final exam and culminating project demonstrating mastery of financial concepts.
Lessons include:
  • Final Exam

  • Culminating Project

  • 70% of the final grade is based on coursework, including:
    • Applied accounting tasks and case studies

    • Financial report creation and analysis

    • Unit assignments and discussion participation
    • Ethical scenario evaluations
  • 30% of the final grade is based on final evaluations:
    • 10% Culminating financial analysis project

    • 20% Final exam assessing accounting proficiency

All assessments follow Ontario curriculum standards and are designed to build financial literacy, analytical thinking, and real-world business competencies.

Industry-Standard Tools

Access to the latest software and hardware used in the technology industry

Expert Faculty

Learn from experienced professionals with industry background

Project-Based Learning

Develop practical skills through hands-on projects and assignments.

Career Support

Guidance for future education and career opportunities

Where Flexibility Meets Academic Excellence

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At Futures Canadian School, students earn the Ontario Secondary School Diploma (OSSD) through a fully online, Ministry-inspected program designed for success—anywhere in the world. Our flexible format, expert support, and university-prep focus empower students to reach their academic goals on their terms, while meeting the highest standards of Ontario education. Whether you're aiming for top universities in Canada or abroad, we provide a pathway that fits your pace and ambition.

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