Unit 13 lessons
Reporting foundations
- Purpose, standards, and ethical judgment70 minutes
- The accounting equation and transaction evidence80 minutes
- Journal, ledger, and trial balance90 minutes
University Level 1 · Introductory
Financial & Managerial Accounting Foundations
A common Canadian introductory core. Your institution may place or number these topics differently, but the underlying skills travel with you.
24 lessonsIntroductory common corePlacement varies by institutionWorked examplesPractice + solutionsPrintable
Financial and Managerial Accounting Foundations course sequence
Unit 23 lessons
The period-end reporting cycle
- Accrual accounting and adjusting entries105 minutes
- Corrections, closing, and post-closing controls95 minutes
- Build a complete set of financial statements110 minutes
Unit 34 lessons
Operating assets and performance
- Revenue and expense recognition100 minutes
- Receivables and credit risk95 minutes
- Inventory and cost of goods sold115 minutes
- Property, equipment, and intangibles110 minutes
Unit 42 lessons
Financing, obligations, and ownership
Open unit →Unit 52 lessons
Cash flow and financial analysis
Open unit →Unit 64 lessons
Cost behaviour and contribution
- Cost language and cost behaviour100 minutes
- Mixed costs and cost estimation90 minutes
- Contribution margin and cost-volume-profit100 minutes
- CVP under constraints and uncertainty105 minutes
Unit 72 lessons
Cost accumulation systems
Open unit →Unit 82 lessons
Planning and decisions
Open unit →Unit 92 lessons
Control, performance, and behaviour
- Flexible budgets and basic variances115 minutes
- Responsibility, performance, and behaviour120 minutes