BAT4M Financial Accounting Principles – GRADE 11

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

GRADE : 12 (University/College)

THE ONTARIO CURRICULUM : Business Studies

BAT4M online at Profectus introduces students to advanced accounting principles that will prepare them for postsecondary 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. BAT4M online expands students’ knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.

UNIT 1 :

The Accounting Cycle (22hrs)

Students will be able to:

Demonstrate an understanding of accounting principles and practices.
Demonstrate an understanding of the accounting cycle in a computerized environment for a service business and a merchandising business.
Demonstrate an understanding of ethics and issues in accounting.

UNIT 2 :

Accounting Practices for Assets (22hrs)

Students will be able to:

Demonstrate an understanding of accounting procedures for short-term assets.
Analyse accounting procedures for inventories.
Demonstrate an understanding of methods of accounting for capital assets.

UNIT 3 :

Partnerships and Corporations (22hrs)

Students will be able to:

Demonstrate an understanding of accounting in partnerships.
Demonstrate an understanding of accounting in corporations.

UNIT 4 :

Financial Analysis and Decision Making (22hrs)

Students will be able to:

Compare methods of financing.
Explain and interpret a corporation’s annual report.
Use financial analysis techniques to analyse accounting data for decision-making purposes.

FINAL 30%

Course Culmination (22hrs)

The Culminating Unit incorporates all four strands of the Business Curriculum, and covers the four achievement chart categories. It consists of two parts:

Culminating Project worth 15% and a
Final Exam worth 15%

Online Course Policies

Listed below are various mandatory policies as you take on this course.

Attendance is regularly tracked through student contributions to online discussion boards, assignment completion, and learning logs. Failure to complete allocated activities may challenge the student’s ability to attain the credit.
This course will be presented using an asynchronistic model whereby work will be posted on the Google Classroom and it is the student’s responsibility to complete it on their own time.
ALL portions of this course are intended to be learned and completed online.
Final Exams and Tests will be written on site at Profectus Academy of Toronto. Course instructors will relay this information to students and families.
The integrity of student work will be checked on an ongoing basis using Quetext or Turnitin. Plagiarism is not tolerated.

Assessment & Evaluation Policies

The primary purpose of assessment and evaluation is to improve student learning. The Achievement Chart for Business will guide all assessment and evaluation.

Knowledge and Understanding

17.5%

Thinking

17.5%

Communication

17.5%

Application

17.5%

The final grade will be determined as follows:

70% based on Assessment OF Learning (including conversations, observations and products) conducted throughout the course.
30% based on Culminating Tasks administered at or towards the end of the course.

Assessment and evaluation is divided into two important parts. The grade the student receives on a midterm or final report indicates achievement/ proficiency in Curriculum Expectations. A level of competence (Needs Improvement, Satisfactory, Good or Excellent) will be assessed and reported in the area of Learning Skills and Work Habits: Independent Work, Collaboration, Responsibility, Initiative, Self-Regulation, and Organization.