MacInsiders Logo

Comm 1AA3 as an elective

 
Old 06-21-2015 at 09:01 AM   #1
kinhopeful
Member
Join Date: Feb 2013
Posts: 28

Thanked: 0 Times
Liked: Liked 3 Times




Comm 1AA3 as an elective
Did any upper years get into comm 1aa3 (accounting) as an elective? It was full by the time it was my enrollment time.

And anyone know if the course is hard?
Old 06-21-2015 at 11:10 AM   #2
kobe_mamba
Member
Join Date: May 2015
Posts: 20

Thanked: 4 Times
Liked: 1 Time




I took this course when it was commerce 2aa3. This course is a hit and miss for people. Some people find it hard and others find it relatively easy. The course introduces you to accounting, so the materials are not difficult. However, people that have never seen accounting can be overwhelmed by it. Things that you should be able complete at the end of the course are: statement of financial position, statement of comprehensive income, cash flow statement, various Inventory method (FIFO, Weighted Average) and year ending adjusting entries. In my opinion, the most difficult material was the cash flow statement. If you have taken accounting in high school, then you should have no problem with this course, as it is fairly similar to a high school accounting course.
__________________
Work Hard In Silence and Let Success Make The Noise

Last edited by kobe_mamba : 06-21-2015 at 12:04 PM.
Old 06-22-2015 at 09:02 AM   #3
shreebee
Senior Member
Join Date: Sep 2011
Posts: 203

Thanked: 27 Times
Liked: 30 Times




I agree with Kobe's post above.
If you have taken a accounting course in the past and had a intro then it is alright. but prof veenstra has started teaching it since this past year and there have been a lot of shake up among the students. A lot of students dropped the class. But the material hasn't changed. you still learn the same things just in a different manner.

Just out of curiosity, why are you interested in taking it as an elective? Are you interested in accounting? (If not then I wouldn't recommend taking accounting courses)
__________________
keep on smiling
Old 06-22-2015 at 09:21 AM   #4
kinhopeful
Member
Join Date: Feb 2013
Posts: 28

Thanked: 0 Times
Liked: Liked 3 Times




Quote:
Originally Posted by shreebee View Post
I agree with Kobe's post above.
If you have taken a accounting course in the past and had a intro then it is alright. but prof veenstra has started teaching it since this past year and there have been a lot of shake up among the students. A lot of students dropped the class. But the material hasn't changed. you still learn the same things just in a different manner.

Just out of curiosity, why are you interested in taking it as an elective? Are you interested in accounting? (If not then I wouldn't recommend taking accounting courses)
I believe in taking electives that are useful for the future. Financial literacy is pretty important and I just want to learn more about it.
Old 06-22-2015 at 10:08 AM   #5
shreebee
Senior Member
Join Date: Sep 2011
Posts: 203

Thanked: 27 Times
Liked: 30 Times




Quote:
Originally Posted by kinhopeful View Post
I believe in taking electives that are useful for the future. Financial literacy is pretty important and I just want to learn more about it.
Alright, are you interested in financial literacy in terms of personal finances? If so, I would recommend taking a finance course as an elective as that would be more useful than an accounting course.

Or if you are interested in accounting as well, I would recommend a course on financial statement analysis or accounting theory (this course requires many accounting prereqs) (courses on how financial statements can be manipulated)
__________________
keep on smiling
Old 06-23-2015 at 01:27 PM   #6
kinhopeful
Member
Join Date: Feb 2013
Posts: 28

Thanked: 0 Times
Liked: Liked 3 Times




Quote:
Originally Posted by shreebee View Post
Alright, are you interested in financial literacy in terms of personal finances? If so, I would recommend taking a finance course as an elective as that would be more useful than an accounting course.

Or if you are interested in accounting as well, I would recommend a course on financial statement analysis or accounting theory (this course requires many accounting prereqs) (courses on how financial statements can be manipulated)
I'll look into that! Comm 1aa3 is actually full right now, and the reserved seats are for the first years I assume. I didn't know so many people take it as an elective.



Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off



McMaster University News and Information, Student-run Community, with topics ranging from Student Life, Advice, News, Events, and General Help.
Notice: The views and opinions expressed in this page are strictly those of the student(s) who authored the content. The contents of this page have not been reviewed or approved by McMaster University or the MSU (McMaster Students Union). Being a student-run community, all articles and discussion posts on MacInsiders are unofficial and it is therefore always recommended that you visit the official McMaster website for the most accurate up-to-date information.

Copyright © MacInsiders.com All Rights Reserved. No content can be re-used or re-published without permission. MacInsiders is a service of Fullerton Media Inc. | Created by Chad
Originally Powered by vBulletin®, Copyright © 2019 MH Sub I, LLC dba vBulletin. All rights reserved. | Privacy | Terms