Courses
Code
Name/Description
Credits
ACCT 122
Introductory Financial Accounting 1
6
Your studies will focus on an introduction to financial accounting designed to provide you with accounting skills to handle business transactions. The course will include bookkeeping techniques, accounting for a merchandising concern and control over cash and receivables. Accounting for payroll is also introduced in this course. ACCT 122 is a companion to ACCT 125 (Introductory Financial Accounting 2) which continues the study of basic financial accounting.
Credit Units: 6
Course Hours: 96.0
Equivalent Course(s): ACCT 122CE
Potential Learning Method(s): Lecture/Theory, Online, Prior Learning
ACCT 125
Introductory Financial Accounting 2
5
Your studies will focus on an introduction to financial accounting building on the skills you learned in ACCT 122 (Introductory Financial Accounting 1). Your studies include these topics: accounting for property, plant and equipment assets, current and non-current liabilities, partnerships, and corporations. In addition, you will learn to prepare a cash flow statement and perform ratio analysis.
Credit Units: 5
Course Hours: 80.0
Prerequisites(s): ACCT 122
Equivalent Course(s): ACCT 125CE
Potential Learning Method(s): Lecture/Theory, Online, Prior Learning
ACCT 220
Intermediate Accounting 1
7
You will complete an in-depth study of generally accepted accounting principles as applied to accounting for current assets, capital assets, temporary and long-term investments. Both International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) are considered as accounting standards.
Credit Units: 7
Course Hours: 112.0
Prerequisites(s): ACCT 125
Equivalent Course(s): ACCT 220CE, ACP 212
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
ACCT 221
Intermediate Accounting 2
7
You will continue your studies of financial accounting begun in ACCT 220. Your studies will include current and long-term liabilities, shareholders’ equity, derivative and hybrid instruments, share-based compensation, earnings per share, accounting for corporate income taxes and pensions, leases, changes in policy, estimates and correction of errors, and preparing the statement of cash flows. Both International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) are considered as accounting standards.
Credit Units: 7
Course Hours: 112.0
Prerequisites(s): ACCT 220
Equivalent Course(s): ACCT 221CE, ACP 313
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
ACCT 226
Cost Accounting 1
5
You will study introductory concepts of cost accounting theory and practice. You will focus on the differences between cost accounting and financial accounting, various cost accounting terms, an introduction to costing systems, and responsibility accounting using master and flexible budgets.
Credit Units: 5
Course Hours: 80.0
Prerequisites(s): ACCT 125
Equivalent Course(s): ACCT 226CE, ACP 221
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
ACCT 227
Cost Accounting 2
5
Your studies will be a continuation of Cost Accounting 1 (ACCT 226). You will study non-routine decision making, cost allocation theory and methods, process costing, hybrid costing systems, inventory management and sales and input variances.
Credit Units: 5
Course Hours: 80.0
Prerequisites(s): ACCT 226
Equivalent Course(s): ACCT 227CE, ACP 322
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
ACCT 236
Accounting Information Systems
4
You will study the necessary theory and tools for understanding, analyzing, and designing computer-based accounting information systems at the introductory level. You will study the theory and participate in practical applications that support your studies as an accounting student. The course includes an introduction to the field of electronic commerce.
Credit Units: 4
Course Hours: 64.0
Prerequisites(s): ACCT 125
Equivalent Course(s): ACCT 236CE, ACP 451
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
Your studies will include an introduction to auditing, its objectives and reports, the types of evidence and documentations required, the study of internal control, and audit sampling. You will study the processes of the audit of revenue and collections and acquisitions and expenditures. You will acquire these skills through your participation in a combination of classroom instruction, independent learning and practical exercises.
Credit Units: 5
Course Hours: 80.0
Prerequisites(s): ACCT 125
Equivalent Course(s): ACP 430, ADTG 220CE
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
You will become familiar with the role of finance and its implication for risk, income and control, credit conditions and a firm's state of liquidity. You will examine sources of capital and corporate borrowing, cost of capital theory and optimal capital structure, and capital budget decision making.
Credit Units: 5
Course Hours: 80.0
Prerequisites(s): ACCT 122
Equivalent Course(s): ACP 475, FIN 220CE
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
Your studies will include an introduction to the Income Tax Act including the structure of fiscal legislation, administration, and enforcement practices as they pertain to personal income tax. The course includes the calculation of taxable income, calculation of tax, and the completion of personal income tax returns.
Credit Units: 6
Course Hours: 96.0
Prerequisites(s): ACCT 125
Equivalent Course(s): TAX 221CE
Potential Learning Method(s): Lecture/Lab, Online, Prior Learning
Economics Elective (1 of 2)
Code
Name/Description
Credits
You will study the foundations of macroeconomics. Your studies will include an introduction to the economic principles of scarcity, opportunity costs, demand and supply, and comparative market structures. You will then focus on learning about the major macroeconomic elements impacting our economy. This includes Gross Domestic Product, unemployment and inflation, government spending and taxation, the Canadian banking system, foreign trade and other key macroeconomic variables.
Credit Units: 5
Course Hours: 80.0
Equivalent Course(s): ECON 100CE
Potential Learning Method(s): Lecture/Theory, Online, Prior Learning
Your studies will focus on an introduction to microeconomics. You will learn how individuals, businesses and governments make decisions in a world of scarce resources and unlimited wants. You will study how production and consumption choices are made in a market economy. You will learn to analyze economic fundamentals in supply, demand, costs, response to price changes, and income distribution. Finally, you will gain an understanding of the most common market structures along with their price and output determination in the Canadian economic marketplace.
Credit Units: 4
Course Hours: 60.0
Equivalent Course(s): ECON 120CE, RT 191
Potential Learning Method(s): Lecture/Theory, Online, Prior Learning
Business Elective (1 of 2)
Code
Name/Description
Credits
Your studies will focus on the field of commercial law. You will examine in detail the concepts of contract law and how these concepts are influenced by various legislative acts and common law. Other legal concepts in your studies will focus on: torts, agency, various forms of business organizations, the sale of goods, employment, bailments, insurance, real and intellectual property, and secured transactions.
Credit Units: 4
Course Hours: 64.0
Equivalent Course(s): ACP 170, LAW 220CE, LAW 240
Potential Learning Method(s): Lecture/Theory, Online, Prior Learning
STAT 120
Business Statistics
4
You will gain knowledge of statistical concepts and techniques applicable to accounting and management. You will study descriptive statistics, measures of central tendency and dispersion, probability distributions, the Central Limit Theorem, and linear regression. This course is intended to build problem solving and critical thinking skills, and to demonstrate the importance of statistics in professional practices.
Credit Units: 4
Course Hours: 64.0
Equivalent Course(s): ACP 374, STAT 120CE
Potential Learning Method(s): Lecture/Theory, Prior Learning, Televised/SCN, Web Assisted Delivery Group
