ADM 1213


Business Administration

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If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.

Course No. and Title:

ADM 1213 Financial Accounting

Credit Value:

Three (3) credit hours

Course Description:

Accounting is the language of business. Whether you are, or wish to become, an employee, a manager, or an investor, understanding the language of business and being able to use accounting information will be relevant to your career as well as your personal life. This course will help you learn to use accounting information by examining the identification, measurement, recording, and communication of financial information to interested users for decision-making.

On completion of this course, students should be able to:

  • Identify and apply the concepts, conventions, and generally accepted accounting principles which underlie financial accounting and reporting for public and private companies;
  • Understand and apply the accounting cycle to measure, record, and interpret business transactions;
  • Prepare financial statements and understand how they are interrelated;
  • Analyze financial statements and additional information to identify and evaluate changes in the financial position and performance of a company over time in comparison to its competitors and industry; and
  • Understand and appreciate the accounting information system and its ability to communicate business activity and results, including its inherent limitations.
Prerequisite: None
Course Author:

Barbara Trenholm, Professor Emerita
Faculty of Business Administration
University of New Brunswick
7 Macauley Lane, P.O. Box 4400
Fredericton, NB, E3B 5A3

Phone: 506-459-3326

Course Format:

The topics covered in this course are outlined below:

Module Chapter Topic
The Purpose and Use of Financial Statements
A Further Look at Financial Statements
The Accounting Information System
Accrual Accounting Concepts
Merchandising Operations
Reporting and Analyzing Inventory
Internal Control and Cash
Reporting and Analyzing Receivables
Reporting and Analyzing Long-Lived Assets
Reporting and Analyzing Liabilities
Reporting and Analyzing Shareholders' Equity

Performance Measurement

Students are required to read each of the above chapters, in addition to completing assignments and a quiz on each chapter—all available online on Desire2Learn (D2L), an online course learning management system. A final exam is also available online at the conclusion of the course. Students can complete the course requirements in any order and can set their own schedule within the six-month time limit available to complete the course.

Additional (optional) resources—such as reading tips, tutorials, videos, demonstration problems with solutions, solution walkthroughs, practice tests, and many more learning aids—are available online to assist students in their understanding of the material. At any time, students are encouraged to post questions on the discussion board which your instructor or classmates will respond to.

Course Text:

Financial Accounting: Tools for Business Decision-Making [Loose-Leaf Print Companion with WileyPLUS Code (D2L version)]; Seventh Canadian Edition; Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley; John Wiley and Sons Canada, Ltd.; 2017; ISBN: 9781119372738


WileyPLUS Code (D2L version) to accompany Financial Accounting: Tools for Business Decision-Making; Seventh Canadian Edition; Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley; John Wiley and Sons Canada, Ltd.; 2017; ISBN: 9781118840245

Note: This text is available in different formats (for example, loose-leaf or e-book). Further detail about these, and other, choices is included in the course outline. You must ensure that you purchase the exact ISBN given in the course outline for your chosen format of the text as only these ISBN’s include the WileyPlus code that is required to complete online assignments for this course.

Textbooks can be ordered from the UNB Fredericton Bookstore:


Assignments & Examinations:

The grade in this course is based on assignments, quizzes, and a final exam. On average, there are 6 assignments required for each chapter which are anticipated to require 2 hours of time per chapter. The assignments are open book with no time limit. There is a quiz for each chapter, which is open book with a 30-minute time limit. The final exam, which must be invigilated in accordance with regulations, is comprehensive covering the entire course. It is a closed book exam with a 2.5 hour time limit. Please note that a grade of at least C (50%) must be achieved on the final examination in order to receive an overall course grade of C (50%) or greater.

Your final numerical grade will be converted to a letter grade as follows: A+ ≥ 90, A ≥ 80, A- ≥ 75, B+ ≥ 70, B ≥ 65, B- ≥ 60, C+ ≥ 55, C ≥ 50, D ≥ 40, and F < 40.

Assignments 25%
Quizzes 25%
Final exam 50%
Total Marks


All final exams for online courses will be invigilated at an approved time and location. Please refer to the Online Exam Request Form to book.

Time Limit: 6 months from registration date. All course exams and/or assignments must be completed by the designated end date of your course.

Online courses are subject to an additional $100 non-refundable online fee per course. Fees are subject to change by the Board of Governors.
More information on fees for this course.

Methods of Payment:

Once you complete the Apply Now form below, please send payment. Methods of payment accepted:
Cash (Do not send in the mail. Please deliver to the College of Extended Learning, 2nd Level, Wu Centre, UNB Fredericton Campus)
Cheque or money order (Mail to UNB College of Extended Learning, PO Box 4400, Fredericton, New Brunswick, E3B 5A3)
MasterCard / VISA / American Express (Please call the College of Extended Learning at 1-866-599-4646  or 506 453-4646 with your credit card number, expiry date, and the name as it appears on the card. Please do not send credit card information via email).

Apply Now!
If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.