Accounting Curriculum

Accepting Applications for January 2019

See curriculum for: September 2018
Credential: Ontario College Diploma ( 4 semesters )
Classes begin:
January 07, 2019
Offered at:
Sutherland Campus
Program code:
BAC
Tuition & Ancillary Fees:
Domestic:
$2,337.82 per semester*
International:
$7,993.13 per semester*
* Tuition and fees subject to change.

Courses and Descriptions

Semester 1

COMM 201
Units/ Hours: 45

Communications I is an introductory course that provides a foundation in college-level communications by teaching students to read critically, write appropriately for a variety of audiences, conduct and cite research, and revise for clarity and correctness. In seminars and labs, students will engage in both independent and collaborative activities, including the development of a digital portfolio designed to help them become more effective communicators in academic and professional environments.

BUSN 188
Units/ Hours: 60

This course explores the nature of business and the skills required of a business professional in an academic and industry context. Through lectures, seminars, assignments and guest speakers, the course will prepare students for a career in the business world by developing their understanding of the major functional areas of business. There will also be a focus on a number of important business trends and topics including Globalization and Corporate & Social Responsibility. Learners will have the opportunity to develop the fundamental skills required for success in their academic and professional careers including effective time management, reading, study and presentation skills.

ACCT 72
Units/ Hours: 45

This purpose of this course is to introduce students to the preparation and use of accounting information. Generally Accepted Accounting Procedures (GAAP) will be used to record and report the financial transactions and operating results of a business.

COMP 578
Units/ Hours: 45

Restricted to Business students.

MATH 11
Units/ Hours: 45

This course is a one semester study of the mathematics applicable to the business and financial community. Emphasis is placed on the significance of mathematics as a problem solving and decision making tool. It is designed to complement and reinforce learning within their program and enable students to acquire foundational skills required for competence in their field.

ORGB 24
Units/ Hours: 45

ORGB 24
Units/ Hours: 45

Semester 2

MGMT 7
Units/ Hours: 45

This course is designed to provide an overview of key human resources activities and the related legislation affecting today's workplaces. Topics of study include the strategic role of HRM, legal compliance and valuing diversity, designing and analyzing jobs, human resources planning, recruitment, selection, orientation and training, performance appraisal, compensation, employee benefits & services, labour relations, and occupational health & safety. Participants will also have an opportunity to discuss legal compliance in the areas of human rights, pay/employment equity, employment standards, labour relations, and health & safety. Applied learning opportunities include case study analyses, identification of Human Rights Code violations in the recruitment process, completion of an environmental scan for the purpose of HR planning, development of a job description/specification, evaluation of employer branding techniques through a review of online job boards, critique of a performance appraisal scenario, web-based research pertaining to functional areas of HR, recommending best practices for employee onboarding and development of a wellness program proposal for an industry specific employer. Note: This course has been approved by the Human Resources Professionals Association (HRPA) as a credit toward the Certified Human Resources Professional (CHRP) designation. To qualify to write the Comprehensive Knowledge Exam, it is necessary to attain an overall average of 70 percent in the nine subject areas covered, with no grade of less than 65 percent. Prior to enrollment in this course, it is recommended that learners have attained the learning outcomes of Communications I (COMM201).

ACCT 4
Units/ Hours: 45

This is a continuation of Introductory Accounting (ACCT 72). This segment focuses on components of the balance sheet, current and capital assets, liabilities, and the equity section for partnerships and corporations.

Pre-Requisites
ACCT 22
Units/ Hours: 45

This course explores the uses of accounting information for decision-making purposes. Students will begin with an understanding of fundamental cost concepts as they relate to a manufacturing environment, as well as an understanding of cost behaviour. They will then apply various techniques to analyze and interpret information as it relates to different decision situations faced by managers. Note: It is recommended that students have completed Math Fundamentals for Business Studies (MATH 11) and Introductory Accounting (ACCT72).

Pre-Requisites
MKTG 14
Units/ Hours: 45

This is an introductory course in Marketing designed to provide an awareness and understanding of the role and function of marketing within an individual firm and throughout the total economy. The student is introduced to the principles and techniques of marketing and its various functional areas. The various marketing strategies utilized in product or service planning and development, pricing, distribution and promotion in response to the needs and wants identified in various markets are explored.

BUSN 18
Units/ Hours: 45

This course provides an introduction to the economic behaviour of consumers and firms in the marketplace. Microeconomics studies the way that individual markets work and how regulations and taxes affect trade, consumers, and producers.

BUSN 20
Units/ Hours: 45

This course is designed to give students an understanding of the functions of business operations. Students develop an understanding of the important factors and some of the analytical tools that can be used to improve productivity and customer service. Emphasis is placed on the cost benefit relationship.

Semester 3

LAWS 4
Units/ Hours: 45

Business people and consumers in Ontario are affected by a broad spectrum of federal, provincial and municipal laws and a variety of court-created legal principles. This course serves as an introduction to business and consumer law.

ACCT 74
Units/ Hours: 45

This is an introductory accounting software course. Students will use QuickBooks to enter and store financial transactions. Students will utilize the software to produce financial statements and reports.

ACCT 77
Units/ Hours: 45

This is the first of two courses in corporate finance, with a focus on the financing decisions of organizations. Building on knowledge gained in financial accounting, economics, and statistics, students consider the role of the financial manager and the environment for financial decisions, examining issues such as interest rate structure, security valuation and capital budgeting decisions. The concept of risk management as it pertains to investment portfolios will also be reviewed.

Pre-Requisites
Co-Requisites
ACCT 76
Units/ Hours: 60

This is an intermediate level financial accounting course focusing on the asset side of the balance sheet. Students will cover financial reporting for external users, accounting concepts, income statement and balance sheet presentation, the cash flow statement, and revenue and expense recognition. The valuation of both current and long-term assets will be studied. Students will use computer software to produce financial statements and to demonstrate accounting concepts.

Pre-Requisites
BUSN 13
Units/ Hours: 45

Macroeconomics is the study of the overall performance of the economy. Fluctuations in the level of national output, incomes, prices and employment are analyzed along with government policies to control these fluctuations.

Units/ Hours: 45

All graduates of diploma programs require general education credits. These courses allow you to explore issues of societal concern by looking at the history, theory and contemporary applications of those issues.

Your program has designated some required general education courses. In addition, you have the opportunity to choose from a list of electives each semester.

Many of these courses and some other general education courses are also available through evening classes, by distance education, or on-line. See our Part-Time Studies Calendar for these opportunities.

You may already possess general education equivalencies from other colleges or universities. Please see the General Education Co-ordinators at the Peterborough and Lindsay locations for possible exemptions.

Semester 4

MATH 46
Units/ Hours: 45

The understanding and application of basic statistical analysis to business related problems will be examined. The introduction of statistical measures, data collection and probability distributions will be brought together to perform statistical inference with confidence intervals, hypothesis testing and then simple linear regression. The calculation and interpretation of statistical measures will be learned within a format of class time practice, specific course assignments and use of the Excel computer spreadsheet.

Pre-Requisites
COMM 202
Units/ Hours: 45

Communications II, building on the foundation of Communications I, is a blended course that teaches students to write and communicate for a variety of professional situations. In seminars, labs and online modules, students will develop a professional portfolio that demonstrates their abilities to meet the challenges of a changing workplace.

Pre-Requisites
ACCT 80
Units/ Hours: 60

This intermediate level financial accounting course focuses on the liability and equity sections of the balance sheet. Topics covered include the legal and financial aspects of corporations, shareholders' equity, complex debt and equity instruments, leases, accounting for income taxes, pensions and other employee future benefits, accounting changes and error analysis and financial statement analysis. Computer software will be used to give students hands-on experience and to demonstrate accounting concepts.

Pre-Requisites
ACCT 23
Units/ Hours: 45

This course explores cost-accounting techniques as they relate to the valuation of inventory in a manufacturing operation. Students will apply analytical skills to determine unit product costs, measure production process costs, and allocate resources efficiently within the firm in order to maximize profits while maintaining the ability to meet long-term strategic objectives. Terminology and concepts learned in Management Accounting are expanded on in this course.

Pre-Requisites
ACCT 68
Units/ Hours: 45

This course is an introduction to Canadian Taxation as it applies to individuals and small businesses under the current provisions of the Canadian Income Tax Act.

Pre-Requisites
Units/ Hours: 45

All graduates of diploma programs require general education credits. These courses allow you to explore issues of societal concern by looking at the history, theory and contemporary applications of those issues.

Your program has designated some required general education courses. In addition, you have the opportunity to choose from a list of electives each semester.

Many of these courses and some other general education courses are also available through evening classes, by distance education, or on-line. See our Part-Time Studies Calendar for these opportunities.

You may already possess general education equivalencies from other colleges or universities. Please see the General Education Co-ordinators at the Peterborough and Lindsay locations for possible exemptions.