RBC Future Launch
RBC Future Launch
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Financial Accounting

ACCT1115
Closed
NAIT
NAIT
Edmonton, Alberta, Canada
Niharika Sreekumar
Associate Chair
2
Timeline
  • November 5, 2021
    Experience start
  • November 20, 2021
    Project Scope Meeting
  • November 27, 2021
    Touch base
  • December 6, 2021
    Experience end
Experience
1/2 project matches
Dates set by experience
Preferred companies
Canada
Startup, Small to medium enterprise, Family-Owned
Sales, Retail, Food & beverage, Entertainment, Hospitality, Business services, Apparel & fashion, Technology, Consumer goods & services, Hospital, health, wellness & medical, It & computing, Business & management, Cosmetics & beauty, Events services, Sports & fitness

Experience scope

Categories
Accounting
Skills
finance accounting accounting reporting writing business services critical assessment
Learner goals and capabilities

Through this course from NAIT, students have been introduced to financial statements as a tool for business decision making. Financial statement users’ needs and decisions have been examined, and the principles of the accounting cycle have been explored. Specific elements of financial statements have been assessed, with the related accounting principles discussed.

Financial statement analysis and internal control evaluation will supplement and support the exploration of financial reporting.

Learners

Learners
Undergraduate
Any level
30 learners
Project
15 hours per learner
Learners self-assign
Teams of 4
Expected outcomes and deliverables

Deliverables will depend on the employer and project type.

Project timeline
  • November 5, 2021
    Experience start
  • November 20, 2021
    Project Scope Meeting
  • November 27, 2021
    Touch base
  • December 6, 2021
    Experience end

Project Examples

Requirements

Project examples may include but are not limited to:

  • Identifying conflicts and biases within the reporting environment and the related ethical implications
  • Identifying routine transactions in your business and their impact on the accounting cycle
  • Assessing different sources of information about routine events to determine accounting implications
  • Assessing treatment of routine transactions and recording routine transactions into an accounting system
  • Preparing financial statements that include preliminary note disclosure for routine financial statement elements, as well as an analysis of whether the underlying economic reality is fairly presented
  • Interpreting financial statements and discussing the limitation of financial statement analysis

Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.

Provide a dedicated contact who is available to answer periodic emails or phone calls over the duration of the project to address students' questions.