MGMT250

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  
Online - Jaspal Singh $649.00 26 Register

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?

You may take this course in the classroom or online. Classes may consist of a combination of lectures, discussions, workshops, case studies, examinations, projects, papers, assignments and/or group presentations.

Whether you're studying in class or online, prepare to spend six to ten hours per week on coursework. You can expect reading and other assignments on a weekly basis.

Online students: You do not have to be online at specific times, other than for examinations, but you will need to be online regularly. You should plan to access the course at least once every few days to keep up with your work and group assignments.

How will I be evaluated?

If you're taking a classroom course:

  • Assignments (individual and group)
  • Examinations
  • Participation/Attendance

If you're taking an online course:

  • Assignments (individual and group)
  • Participation in online discussions
  • Weekly quizzes and exercises
  • Examinations

Textbooks and learning materials

No mandatory textbook required.

Please note that the textbooks listed below are not mandatory, but you may wish to purchase them as an additional resource to reinforce concepts when reviewing the topics covered in the course outline.

  • Larson, K.D. Fundamental Accounting Principles, Volume One, 16th ed. (2019). ISBN 9781259654657. Ebook available.
  • Larson, K.D. Fundamental Accounting Principles, Volume Two, 16th ed. (2019). ISBN 9781259654664. Ebook available.

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.

You will access other course materials using SFU's online course management system, Canvas. You will receive course details and Canvas access instructions on the first day of the course. You can check if your browser is compatible with Canvas here.

New to online learning? See Online Programs and Courses for helpful videos and additional information.

Professional development credits