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Ontario Tech acknowledges the lands and people of the Mississaugas of Scugog Island First Nation.

We are thankful to be welcome on these lands in friendship. The lands we are situated on are covered by the Williams Treaties and are the traditional territory of the Mississaugas, a branch of the greater Anishinaabeg Nation, including Algonquin, Ojibway, Odawa and Pottawatomi. These lands remain home to many Indigenous nations and peoples.

We acknowledge this land out of respect for the Indigenous nations who have cared for Turtle Island, also called North America, from before the arrival of settler peoples until this day. Most importantly, we acknowledge that the history of these lands has been tainted by poor treatment and a lack of friendship with the First Nations who call them home.

This history is something we are all affected by because we are all treaty people in Canada. We all have a shared history to reflect on, and each of us is affected by this history in different ways. Our past defines our present, but if we move forward as friends and allies, then it does not have to define our future.

Learn more about Indigenous Education and Cultural Services

    Sep 27, 2022  
2021-2022 Undergraduate Academic Calendar 
2021-2022 Undergraduate Academic Calendar [ARCHIVED CALENDAR]

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BUSI 2150U – Financial Accounting I

Financial accounting is concerned with producing information about an economic entity and communicating that information to people who are external to the entity that want or need the information for making decisions. This course is designed to provide an understanding of the accounting process and the choices that exist so that students can be informed and skilled users of accounting information. The course focuses on uses of accounting information for different decisions and from different stakeholder perspectives, and considers the economic and behavioural effects that accounting treatments have on users and preparers. There is an emphasis on interpreting, analyzing, and understanding information. Readings from current publications are used to integrate practical applications of the issues discussed in class. This course is not designed to develop accountants, but it is appropriate for accounting majors. Classroom techniques that develop students’ critical skills will be used.
Credit hours: 3
Lecture hours: 3
Tutorial hours: 1.5
Credit restriction(s): BUSI 1101U , BUSI 2120U , BUSI 1130U  

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