Bachelor of Accounting Science BACS
Instruction offered by members of the Haskayne School of Business.
Senior Courses
Bachelor of Accounting Science 472 F(3-0)
Taxation
Covers the principles, concepts, and application of Canadian federal income tax legislation. Topics include the concepts of income and liability for tax; income from employment, business, and property; deductions; capital gains and losses; computation of taxable income for individuals and corporations; and an introduction to tax planning. The course emphasizes understanding of the structure of the Income Tax Act and the application of its rules to practical cases. The course also integrates use of tax preparation software.
Note: Students must be registered in the Bachelor of Accounting Science degree program to register in this course.
Bachelor of Accounting Science 476 F(3-0)
Auditing
Introduction to the auditing principles and procedures that are applicable to both internal and external audits. Topics include reporting, the ethical and legal environment, audit objectives, audit evidence, audit planning and analytical procedures, materiality and risk, internal control, EDP auditing, and audit sampling. Particular attention is paid to the audit of the sales and collecting cycle. The payroll and personnel cycle, the acquisition and payment cycle, the inventory and warehousing cycle, and the capital acquisition and repayment cycle are also studied. Auditing software is used in this course and the related practice set.
Note: Students must be registered in the Bachelor of Accounting Science degree program to register in this course.
Bachelor of Accounting Science 485 H(3-0)
Accounting Theory
Includes an in-depth treatment of current issues and problems in the field. Topics include the contributions of economics, finance, and other disciplines to accounting theory; the practical and theoretical problems of the present value model; foreign exchange accounting; the process and issues of standard-setting; agency theory; and other topics related to specific industries or sectors of the economy.
Note: Students must be registered in the Bachelor of Accounting Science degree program to register in this course.
Bachelor of Accounting Science 494 F(3-0)
Managerial Accounting
Focuses on the use of accounting information in planning and decision making under conditions of certainty and uncertainty. Topics include cost flows in organizations, budgeting models, linear programming, decision-making models, cost estimation, cost-volume-profit analysis, financial modelling, issues in management control, segment performance and transfer pricing, executive incentives, and compensation. Spreadsheet software is used to illustrate concepts and provide hands-on experience.
Note: Students must be registered in the Bachelor of Accounting Science degree program to register in this course.