UNIVERSITY OF GUELPH 
ACCT*1220: Introductory Financial Accounting 
Comprehensive Revision Guide and Notes 2024 
 
Part 01. Revision Notes 
Part 02. Sample Examination 
Part 03. Suggested Solutions to Exam Paper 
Part 04. Study Tips for Students 
 
The 24/7 Online Support You Deserve 
Need to reach out to us with questions or for help? You'll connect with a private tutor who is extremely passionate about the course, ready to provide assistance and ensure that you're on the right track to graduating. 
 
Looking for more study resources? 
Find out about all the services and resources available for students at the University of Guelph

University of Guelph - ACCT*1220: Introductory Financial Accounting (Solutions)

C$35.00

ACADEMIC YEAR 2023 - 2024

University	University of Guelph
Study Level	Undergraduate
Course Code	ACCT*1220
Course Name	Introductory Financial Accounting
Study Material	Comprehensive Revision Guide and Notes
Page Length	81 pages

The ACCT*1220: Introductory Financial Accounting, University of Guelph - Comprehensive Revision Guide and Notes 2024 offers a concise summary of the key course concepts you need to understand and apply for exams. Aimed at enhancing your knowledge and improving your exam performance, this guide includes detailed notes, examiner advice, practice questions, and a sample exam paper with detailed solutions. It helps you recall and apply what you’ve learned, even without expert-level knowledge, and serves as a valuable reference to deepen your understanding and boost your grades.

Overview:

This course will introduce students to the fundamental concepts and practices of Financial Accounting. Students are expected to become adept at performing the functions related to the accounting cycle, including the preparation of financial statements.

Restriction:

ACCT*2220 - Financial Accounting

What You'll Learn:

Understand the purpose and use of financial statements.
Record and analyze business transactions.
Apply accrual accounting principles to financial statements.
Manage and report cash, receivables, and inventory.
Account for property, plant, equipment, intangible assets, and goodwill.
Recognize and report liabilities and shareholders' equity.
Prepare and interpret the statement of cash flows.
Analyze and evaluate financial statements for decision-making.

COURSE CODE	COURSE NAME
ACCT*1220	Introductory Financial Accounting
ACCT*1240	Applied Financial Accounting
ACCT*2230	Management Accounting
ACCT*3340	Intermediate Financial Accounting II
ACCT*3350	Taxation
ECON*1050	Introductory Microeconomics
ECON*1100	Introductory Macroeconomics
ECON*2310	Intermediate Microeconomics
ECON*2740	Economic Statistics
ECON*3740	Introduction to Econometrics
FIN*2000	Introduction to Finance
FIN*3000	Investments
FIN*3100	Corporate Finance
FIN*3200	Fundamentals of Derivatives
FIN*3500	Money, Credit, and the Financial System
HROB*2090	Individuals and Groups in Organizations
MCS*1000	Introductory Marketing
MCS*3040	Business and Consumer Law
STAT*2040	Statistics I
STAT*2060	Statistics for Business Decisions
STAT*4360	Applied Time Series Analysis

University of Guelph - ACCT*1220: Introductory Financial Accounting (Solutions)

INFORMATION

COURSE DESCRIPTION

RELATED COURSES