This course introduces students to the fundamental principles and procedures of accounting. Students will develop financial analysis and decision-making skills that will assist them in future studies and/or career opportunities in business. Students will acquire an understanding of accounting for a service and a merchandising business, computerized accounting, financial analysis, and ethics and current issues in accounting.

Prerequisite: None

Ministry Course Title: Financial Accounting Fundamentals, Grade 11, University/College  Preparation
Common Course Name: Accounting
Course Code: BAF3M
Grade: 11
Course Pathway Type: University/College Preparation
Credit Value: 1.0
Prerequisite: None
Curriculum Policy Document: The Ontario Curriculum, Grades 11 and 12: Business, 2006 (Revised)
Course Developer: Ontario Online School Course Development Team
Department: Business
Initial Development Date: July 2019 for all
Most Recent Revision Date: Ongoing – course direction is determined through collaboration between teachers and students