demonstrate an understanding of accounting principles and practices; apply Generally Accepted Accounting Principles (GAAP) in the accounting cycle demonstrate the relationship between GAAP and accounting practices  describe the roles of various agencies (e.g., CPA Ontario, Ontario Securities Commission, Canada Revenue Agency) and their effects on accounting practices.

Discuss the role of securities law in regulating the issuance and trading of stocks and bonds, as well as the legal obligations of companies in providing accurate and timely financial information to investors.

Good governance on accounting reports is beneficial to the business. Please state five (5)reason for that.

Create a scenario in which at least two types of postretirement health care and life insurance benefits change. Predict the potential impact of these changes on financial accounting and reporting practices.