Accounting I ACCT 1032 Email to a Friend Our Accounting I course introduces you to both the theory and practical components of financial accounting. Users of accounting information – both internal and external – rely on financial statements to make decisions. Learn to use a simple accounting system to prepare, analyze and interpret a basic set of statements. Understand how to journal and post transactions, to prepare a trial balance and financial statement, to estimate and measure the value of inventory, to control and account for cash and to prepare a basic bank reconciliation. Note(s) This course is equivalent to the CIB 112 (Bookkeeping I) course offered by the Canadian Institute of Bookkeeping (CIB) and the Introduction to Accounting course offered by the Canadian Payroll Association (CPA). Full-time Equivalent(s) ACCT 1001 Contact Information 416-415-5000, ext. 2163 firstname.lastname@example.org Course Section(s) Available Class dates and registration for the upcoming year (September 2017 to August 2018) will be available on this website in early July 2017. Please visit this page again at that time. Some courses require you to purchase a textbook. The cost of the textbook is not included in the course fee unless otherwise indicated. If there is a textbook assigned for this course, it will be listed on the bookstore website.