This course examines the concepts, objectives and techniques underlying asset valuation and income determination, including alternative asset measurement bases and accounting for changing prices. The course has a decision orientation. Special emphasis is placed on accounting policy choices and the criteria by which such choices are made, as well as on analyzing financial statements prepared under differing accounting policy alternatives.
Note: Not available to exchange students visiting Schulich.
Prerequisite: ACTG 2011 3.00; Year 3 BBA/iBBA standing required