FINANCIAL ACCOUNTING 12
COURSE CODE: MFA – – 12
Foundation Course: ACCOUNTING 11
Continuing with the basic Accounting Cycle learned in Accounting 11 (transactions and source documents through adjusted trial balances), Accounting 12 explores the special procedures for cash (including preparation of cash flow statements), merchandising businesses, subsidiary ledgers, and alternative business structures. Accounting 12 provides a huge advantage for students pursuing post-secondary business studies as the equivalent of Accounting 11 and Accounting 12 are mandatory in all post-secondary business programs.