TADM 150 Financial Accounting provides students with a foundational understanding of introductory accounting principles as they apply to tourism operations. Students will learn how to record transactions, prepare financial statements, and make sense of financial data to support ethical and regulatory considerations relevant to tourism businesses.
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Lecture | 3 |
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Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- Prepare financial transactions using common financial accounting systems, principles and practices
- Prepare key financial statements to interpret the financial position of a business against organizational goals
- Communicate accounting data clearly using financial tools to model scenarios for strategic and sustainable business decision-making
- Use accounting information to evaluate operational and strategic decisions that support sustainable development and adhere to generally accepted accounting principles
- Apply basic internal controls, ethical practices and regulatory requirements that support responsible business decision-making
- Apply periodic and perpetual inventory systems to record, track and evaluate inventory transactions that support accurate cost of goods sold and responsible operational decision-making
Grading Table
Standard Academic and Career Programs Grading Table
| Percentage | Letter Grade | GPA |
| 90-100 | A+ | 4.33 |
| 85-89 | A | 4.00 |
| 80-84 | A- | 3.67 |
| 76-79 | B+ | 3.33 |
| 72-75 | B | 3.00 |
| 68-71 | B- | 2.67 |
| 64-67 | C+ | 2.33 |
| 60-63 | C | 2.00 |
| 55-59 | C- | 1.67 |
| 50-54 | P | 1.00 |
| 0-49 | F | 0.00 |
| | DNW | 0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.