Overview
This course is intended to provide managers and potential managers an overview of the subject of accounting. Students will learn basic financial and managerial accounting concepts and how to read and analyze financial statements. The course starts by looking at the commonalities and differences between for-profit and not-for-profit organizations. It then introduces students to the basics of bookkeeping and accounting and tools that are commonly used in the decision-making process and financial analysis. The course concludes with an introduction to basic budgeting techniques and ethics.
Outline
- Lesson 1: Overview of Financial Management
- Lesson 2: The Language of Accounting
- Lesson 3: Statement of Cash Flows
- Lesson 4: Financial Statement Analysis
- Lesson 5: Decision Making
- Lesson 6: Working Capital and Budgeting
- Lesson 7: Financing
- Lesson 8: Cost of Capital
- Lesson 9: Capital Budgeting
- Lesson 10: Code of Conduct
Evaluation
To receive credit for ACCT 245, you must achieve a course composite grade of at least a “D” (50 percent) and a grade of at least 50 percent on the examination. Weighting of the composite grade is as follows:
| Day-to-day Quiz 1 | Day-to-day Quiz 2 | Assignment 1 | Assignment 2 | Final Exam | Total |
| 2% | 3% | 25% | 20% | 50% | 100% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Course Materials
Textbook
Bergeron, P.G. (2011). Finance for non-financial managers (6th ed.),Toronto, ON: Nelson Education Ltd. ISBN 13-978-0-17-650163-1
Other Materials
All other materials will be available to students online.
Challenge for Credit Course Overview
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
Challenge Evaluation
To receive credit for the ACCT 245 challenge registration, you must achieve a grade of at least “D” (50 percent) on the examination.
Paper Exam
Undergraduate Challenge for Credit Course Registration Form
Current Grouped Study Locations
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
