This course introduces students to advanced accounting principles that will prepare them for post-secondary studies in business. Students will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This course expands students’ knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

Prerequisite: Financial Accounting Fundamentals, Grade 11, University/College Preparation

Ministry Course Title: Financial Accounting Principles, Grade 12, University/College Preparation                      Common Course Name: Accounting
Course Code: BAT4M
Grade: 12
Course Pathway Type: University/College Preparation
Credit Value: 1.0
Prerequisite: Financial Accounting Fundamentals, Grade 11, University/College Preparation
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