UBC Master of Management

BAAC 550 Foundations in Accounting I


Accounting is a system for measuring and communicating the outcomes of business activities. The focus of financial accounting is the preparation of accounting reports by individuals within a firm for individuals outside the firm.

  • provide the student with a basic understanding of the concepts, principles, and economic motivations underlying financial accounting practices;
  • provide the student with the technical tools and references to analyze how a particular transaction affects a firm's financial statements;
  • make the student comfortable with financial data;
  • make the student aware of the care that must be taken when using accounting data as a source of information for making decisions.

Instructor BiographyRob Jackes

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