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Financial Accounting Principles, Grade 12, University/College (BAT4M)
$499.00
All course prices are in CAD – Canadian Dollars
Course Description For Financial Accounting Principles, Grade 12, University/College (BAT4M)
This course introduces students to advanced accounting principles that will prepare them for postsecondary studies in business. Students will learn about financial statements for various forms of business ownership and how those statements are interpreted in making business decisions. This course expands students’ knowledge of sources of financing, further develops accounting methods for assets, and introduces accounting for partnerships and corporations.
Summary Of Units And Timelines For Financial Accounting Principles, Grade 12, University/College (BAT4M)
Below is the suggested sequence of course unit delivery as well as the recommended number of hours to complete the respective unit. For complete details of targeted expectations within each unit and activity, please see each Unit Overview found in the BAT4M course profile.
| Unit | Title | Expectations Summary | Time |
|---|---|---|---|
| 1 | The Accounting Cycle | Build accounting fundamentals and complete the full accounting cycle. In addition, use internal controls and read statements to guide decisions. | 30 Hours |
| 2 | Advanced Accounting Practices for Assets | Record short-term and capital assets accurately. Then, compare inventory methods and see how they change financial results. | 25 Hours |
| 3 | Financing | Compare partnership and corporation financing using real examples. Moreover, choose funding options and explain the reporting impact. | 25 Hours |
| 4 | Financial Analysis and Decision Making | Use annual reports to check financial health and performance. Finally, compare companies and review current accounting issues. | 25 Hours |
| Final | Exam and Summative | Review key learning first. Next, complete the final exam and summative tasks. | 5 Hours |
| Total | Course Total | Total instructional time for BAT4M. | 110 Hours |
What You Will Learn – Curriculum Expectations
What BAT4M focuses on
BAT4M Financial Accounting Principles develops practical skills for financial statements and business reporting. In addition, students learn how accountants record and organize transactions.
How students apply learning
Next, students compare inventory methods and practise adjusting and reversing entries. Finally, students explore business financing and use annual reports to support decisions.
Core accounting skills
- Learn key accounting principles and daily practices.
- Complete the accounting cycle for service and merchandising companies.
- Use internal controls to reduce errors and protect records.
- Read financial statements and explain what they show.
- Time: 30 Hours
Assets and inventory decisions
- Record short-term assets with clear procedures.
- Track capital assets and apply correct methods.
- Compare inventory valuation methods and explain the results.
- Time: 25 Hours
Funding choices
- Explain how partnerships raise and manage funds.
- Explain how corporations raise capital and report it.
- Compare financing options and choose the best fit.
- Time: 25 Hours
Reading annual reports
- Use annual reports to identify strengths and risks.
- Apply tools to analyze and compare financial data.
- Discuss current issues in accounting and reporting.
- Time: 25 Hours
How marks are calculated
- 70% — Course work (tests, assignments, and tasks)
- 30% — Final Exam (culminating activity)
- Achievement Chart: Knowledge & Understanding (25%), Thinking (25%), Communication (25%), Application (25%)
Skills students build throughout the course
- Responsibility
- Organization
- Independent Work
- Collaboration
- Initiative
- Self-Regulation
How teachers support learning
- Assessment for Learning: teachers give feedback and coaching.
- Assessment as Learning: students set goals and reflect regularly.
- Assessment of Learning: graded tasks build the final mark.
- Evidence of Learning: products, observations, and conversations.
Submission expectations
- The teacher may deduct 5% per school day for late work.
- If a student misses a test, the teacher may assign zero without documentation.
- If absences continue, the teacher may refer the case to administration.
Main course resource
- Textbook: Accounting Principles (2nd Canadian Edition)
- Authors: Weygandt, Kieso, Kimmel, and Trenholm
- Note: Students borrow textbooks and return them by semester end.
Ontario Ministry Guidelines: 110-Hour Course Requirement
Please be aware that, as per Ministry guidelines, CanSTEM Education has a mandatory minimum requirement of 2 weeks enrolment for students to be eligible for a midterm report card and 4 weeks enrolment to be eligible for a final report card. This 110-hour requirement ensures that students receive a standardized amount of learning time for each credit they earn. The 110 hours typically include planned learning activities, excluding homework, designed to achieve the course’s curriculum expectations, according to the Ontario Ministry of Education.
Frequently Asked Questions
BAT4M is a Grade 12 Financial Accounting Principles course at a University/College preparation level.
4M refers to the Grade level of the courses and the pathway. 4 means it is a grade 12 course and M means it is a university or college preparation course.
Prerequisite: Introduction to Financial Accounting, Grade 11
At CanSTEM Education you can complete a high school credit courses as quickly as 4 weeks, or take as long as 6 months.
Yes, we can send the marks for your online courses directly to OUAC, OCAS, your home, and to your day school.
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