Financial Accounting Fundamentals

This course focuses on the user orientation of financial accounting, the uses of financial statements, how to analyze a business entity, and how the accounting system is structured.

Topics include recording transactions, adjusting entries, preparing financial statements, the accounting cycle, merchandise operations, inventory accounting, accounting systems, internal control, cash, accounts receivable, capital assets, corporations, analysis of financial statements, and accounting terminology.

This course is available at the following time(s) and location(s):

Campus Session(s) Instructor(s) Cost Seats available  
Vancouver 12 Jaspal Singh $599.00 11 Register
Vancouver 12 Jaspal Singh $599.00 30 -

For campus-based courses, registration may close up to one week before the course begins.  

For online offerings, registration may close up to two business days before the course begins. Your course begins on the first date listed and ends six days after the last date listed. The interim dates/times are not your actual online class times.

What will I learn?

After completing this course, you should be able to do the following:

  • Explain accounting terminology and how accounting fits into the business environment
  • Use and analyze financial statements
  • Incorporate financial analysis into business decision-making
  • Function as a knowledgeable member of the management team

How will I learn?

This university-level course may consist of a combination of lectures, workshops, case studies, examinations, projects, papers, assignments, and group presentations. It requires at-home study and preparation. You can expect reading and other assignments on a weekly basis.

How will I be evaluated?

We'll evaluate your performance in this course using a combination of in-class or take-home assignments, exams, individual or group projects, participation and attendance. 

Textbooks and learning materials

  • Fundamental Accounting, Volume One by Larson (2016, 15th ed., ISBN 9781259087271)
  • Fundamental Accounting, Volume Two by Larson (2016, 15th ed., ISBN 9781259087363)

Course fees do not include textbooks or other materials, which you may purchase from the SFU Bookstore. We recommend you purchase your textbooks as soon as you've registered. The quantities are limited at the bookstore.

Professional development credits

English language requirements

To succeed in our programs and courses, you will need an advanced level of written and spoken English. If you are unsure whether your English language skills are sufficient, we recommend you complete the International English Language Testing System (IELTS) with a minimum overall band score of 6.5 (unless otherwise noted). If you have questions or concerns about your English language proficiency, we encourage you to contact your local IELTS Test Centre.