Build your own Business

Learn how to build your own business from the ground up

In this interactive program, we break down the concepts in Grade 12 Accounting. By the end you will have the tools to ace your exams at school, and confidently utilize advanced accounting concepts to solve practical issues in your everyday life. 

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Learn everything you need to ace math!

The Perfect Program

There are several reasons Explorer Math is the best program for your child

  • Learn at your own pace

  • Fun interactive lessons

  • Curriculum that grows with you

  • Spend only 15 minutes a day

Meets Curriculum expectations for

No matter what school system you follow, our program surpasses it

What you get in the Program

Our innovative program simulates a real trading environment

  • Easy to understand

    Our programs are for everyone. Lessons are simple and taught with a variety of learning styles in mind.

  • Engaging Discussions

    Have a question to ask or an idea that you want to share? Join a discussion zone, available in each chapter.

  • Real World Applications

    Build confidence in your new skills with a variety of hands-on activities, quizzes, projects and real life simulations.

Course curriculum

  • 01


    • Registration Information

    • Required Student Information

  • 03


    • Intro Survey

  • 04

    Accounting Principles and Practice

    • Review from Grade 11: Accounting

    • Review from Grade 11: Accounting Authorities and Boards

    • Accounting principles

    • Recognition and Derecognition principles

    • Measurement and Full Disclosure Principles

    • Principle of Conservatism and IFRS

  • 05

    Sales on Account

    • Accounts Receivable

    • Recording Sales and Sales Discount

  • 06

    Accounting for Payable

    • Account payable

    • Recording Purchases and Purchase Discount

    • Accounts Payable Worksheet

    • Forms of Credit Card Payment

    • Note Receivable

    • Note Receivable Part 2

    • A/R and N/R Worksheet

  • 07

    Bad Debt

    • Understanding Bad Debt Expense

    • Estimating Bad Debt Expense - Direct Write Off

    • Estimating Bad Debt Expense Part 2 - Income Statement Method

    • Bad Debt Worksheet

  • 08

    Capital Assets/Fixed Assets

    • Capital Assets/Fixed Assets

    • Capital Expenditures vs Revenue Expenditures part 1

    • Capital Expenditures vs Revenue Expenditures Example Part 2

    • Journal Entries for Purchase of a Capital Asset, Capital Expenditures, and Revenue Expenditures

    • Cost of Capital Asset - Basket Purchase

    • Cost of Capital Assets - Exchanging Assets

    • Amortization

    • Amortization Method

    • Amortization Methods Part 2

    • Amortization Methods Part 3

    • Journal Entry for Amortization

    • Presentation of Capital Assets on the Balance Sheet

    • Change in Useful Life

    • Land

    • Impariment

    • Amortization Worksheet

  • 09

    Amortization of Other Assets

    • Depletion

    • Intangible Assets

    • Goodwill

    • Research and Development

    • Amortizing Intangible Assets Part 1

    • Amortizing Intangible Assets Part 2

  • 10

    Inventory Procedures

    • Inventory Accounting

    • Keeping Track of Inventory

    • What Should be Included as Part of Inventory

    • Self-Correcting Inventory Error

    • Self-Correcting Example

    • Measurement and Cost Formula

    • Perpetual Inventory System

    • Periodic Inventory System

    • Journal Entries for Perpetual Inventory System

    • Journal Entries for Periodic Inventory System

    • Perpetual/Periodic Inventory System Worksheet

    • Specific Identification

    • Weighted Average Cost

    • First-in, First-out

    • Review from Grade 11: LCM

    • Inventory Cost Flow Assumption Worksheet

  • 11

    Internal Control

    • Internal Control

    • Control Over Cash

  • 12

    Accounting for Partnership

    • Partnership

    • Dividing Profit and Loss

    • Formation of a Partnership

    • Addition of a Partner

    • Withdrawal of a Partner Part 1

    • Withdrawal of a Partner Part 2

    • Withdrawal of a Partner Part 3

    • Dissolution of a Partnership Part 1

    • Dissolution of a Partnership Part 2

    • Partnership Equity on the Balance Sheet

    • Accounting for Partnership Worksheet

  • 13

    Accounting for Corporation

    • Corporation

    • Corporation Part 2

    • Types of Stock

    • Stock Vocabulary

    • Issuing Common Stock

    • Reacquiring Stock

    • Dividends

    • Recording Common Stock Cash Dividend Part 1

    • Recording Common Stock Cash Dividend Part 2

    • Recording Stock Dividends

    • Effect of dividends on shares

    • Accounting for Corporation Worksheet

  • 14

    Sources of Financing

    • Alternative Form of Financing

    • Types of Bonds

    • How Bonds are Issued

    • Venture Capital

    • Government Loans and Grants

    • Why Do Companies Invest?

  • 15

    Financial Analysis for Decision Making

    • Financial Analysis for Decision Making

    • Horizontal (Trend) Analysis

    • Vertical/Common Size Analysis

    • Financial Ratios

    • Liquidity Ratios

    • Solvency Ratios

    • Profitability Ratios

    • Operating and Efficiency Ratio

    • Financial ratios for share prices

  • 16

    Cash Flow Statement

    • Cash Flow Statement

    • The Three Different Activities in Cash Flow Statements

    • Preparation of Cash Flow Statement

    • Indirect Method

    • Direct Method

    • Understanding Cash Flow Statement

    • Financial Liquidity and Financial Flexibility

    • Cash Flow Statement Worksheet

  • 17

    Before you go

    • Tell us what you thought


“Of the few Explorer Hop courses that I have enrolled my children in, I think highly of the accounting courses. Of course there is plenty of information to learn in the world of finance, but accounting is such a practical tool. I may be bias, as I'm in accounting myself. But I can see how much this education is benefitting my children. Its extremely practical. ”



“I'm glad that Explorer Hop offers courses to be taught over a period of time as well as condensed formats that delve into even more detail. My daughter benefitted SO much from the Camp Millionaire series, her brain was just lit up in a way I had never seen when it comes to her school work. Now she's learning even more specific lessons.”



“I really enjoyed both of the Accounting courses— having learned even more than I did at school. I'm starting to get ready to apply to Universities now and I feel confident and prepared. (:”

Student, Age 16


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Learn everything you need to ace math!

Frequently Asked Questions

Here are answers to some common questions we are asked

  • What grade is this level for?

    This level is designed for kids ages 11-12 in Grades 6 and 7.

  • How is this course taught?

    These (virtual) programs are designed to be completely self learnt. Students progress through the curriculum using a variety of real world applications that simulate experience, utilize creative thinking, and allow the students to test their knowledge.

  • How will I get access to the learning platform?

    You will receive an e-mail as soon as you connect, providing you with a pin and password to access the learning portal. Please keep this information safe. If you need support, you can email [email protected].

  • Can you explain your currriculum?

    It doesn't matter what curriculum you followed, we have surpassed it! Our program includes all aspects of the following curriculums: Canada (Ontario & BC), British Curriculum, International Baccalaureate (IB), Advanced Placement (AP) and Singapore National Curriculum.

Join our Global Math Hackerthon

Welcoming all Grade 6-12 international students this June with all Math skill levels! A Chance to Win $500!

Featured in

  • BBC review of Explorer Hop
  • Global News review of Explorer Hop
  • CP24 review of Explorer Hop
  • CTV review of Explorer Hop
  • Readers Digest review of Explorer Hop
  • Toronto Star review of Explorer Hop


  • BBC review of Explorer Hop
  • Global News review of Explorer Hop
  • CP24 review of Explorer Hop
  • CTV review of Explorer Hop
  • Readers Digest review of Explorer Hop
  • Toronto Star review of Explorer Hop

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