Program Overview
Accounting plays a vital role in the business world and is in demand in every segment of the Canadian and global economy. The Business - Accounting two-year program provides students with a solid background in accounting and bookkeeping from a broad business perspective. Graduates of this program are proficient in various accounting, income tax, and spreadsheet software packages.
Program Highlights
- In-depth curriculum of accounting theory and practical applications in the areas of financial accounting, cost accounting, taxation, financial management and information systems.
- Broad-based business skills including marketing, human resource administration, business communications, and economics.
- Knowledgeable professors with solid industry experience giving students first-hand insight into the field.
- Up-to-date computer labs using the latest accounting software.
- Seamless transition to the three-year accounting program.
- Transfer opportunities with several Canadian universities.
- Courses may be accepted as prerequisites and/or technical course exemptions towards the Advanced Certificate in Accounting & Finance (ACAF).
Career Opportunities
Graduates of this program are prepared for entry level positions as accounting clerks, bookkeepers or accounting trainees. The positions are generally in small and medium sized businesses, the not-for-profit sector or government offices.
Admission Requirements
OSSD with the majority of courses at the College(C), University (U), University/College (M) or Open (O) level qualify for admission to this program.
Mature students - See Admission Procedures for details.
Courses
The curriculum below is for incoming students:
Past Cohorts:
Semester 1
| Code | Title | Credits |
|---|---|---|
| ACC110 | Accounting Concepts I | 3 |
| BUS108 | Introduction To Canadian Business | 3 |
| ECN110 | Macro Economics | 3 |
| MTH146 | Mathematics Of Personal Finance | 4 |
| MGN105 | Introduction To Human Resources | 3 |
| COM103 | Business Communications I | 3 |
Semester 2
| Code | Title | Credits |
|---|---|---|
| ACC210 | Accounting Concepts II | 3 |
| ECN210 | Microeconomics | 3 |
| MRK202 | Introduction To Canadian Marketing | 3 |
| ELEC1030 | Choose 1 Elective Course | 3 |
| MTH237 | Statistical Concepts | 3 |
| COM203 | Business Communications II | 3 |
| BUS207 | Basic Spreadsheeting | 2 |
Semester 3
| Code | Title | Credits |
|---|---|---|
| ACC316 | Advanced Spreadsheeting | 3 |
| ACC320 | Cost Accounting | 3 |
| ACC326 | Account Software Applications | 3 |
| ACC328 | Intermediate Accounting I | 4 |
| ACC335 | Canadian Income Tax I | 3 |
| MGN310 | Organizational Behaviour | 3 |
| ELEC1030 | Choose 1 Elective Course | 3 |
Semester 4
| Code | Title | Credits |
|---|---|---|
| ACC420 | Management Accounting I | 3 |
| ACC426 | Accounting Software Applications II | 3 |
| ACC428 | Intermediate Accounting II | 4 |
| ACC435C | Canadian Income Tax II | 3 |
| ACC444 | Financial Management I | 3 |
| BUS606 | Management Information Systems | 3 |
| ELEC1030 | Choose 1 Elective Course | 3 |
Program Physical Demands Analysis
Program Vocational Learning Outcomes
Business - Accounting (Ontario College Diploma) (MTCU Code 50100)
The graduate has reliably demonstrated the ability to:
- Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations.
- Prepare and present financial statements, reports and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises.
- Contribute to recurring decision-making by applying fundamental management accounting concepts.
- Prepare individuals’ income tax returns and basic tax planning in compliance with relevant legislation and regulations.
- Analyze organizational structures, the interdependence of functional areas, and the impact those relationships can have on financial performance.
- Analyze, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances and the environment on an organization’s operations.
- Outline the elements of an organization’s internal control system and risk management.
- Contribute to recurring decision-making by applying fundamental financial management concepts.
Additional Information
- Courses may qualify as prerequisites and or exemptions for the Advanced Certificate in Accounting and Finance (ACAF).
For more information, please refer to: www.gocpaontario.ca/acaf - Ontario Colleges and McDonald's Restaurants of Canada Sign Memorandum of Agreement Regarding Student Transfer to Business Diploma Programs