Semester 1
Code
Name/Description
Credits
ACCT 600
Introductory Financial Accounting 1
3
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, control over cash and receivables, and accounting for payroll.
Credit Units: 3
Course Hours: 45.0
Potential Learning Method(s): Lecture/Theory, Online
ACCT 601
Introductory Financial Accounting 2
3
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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 600(concurrent)
Potential Learning Method(s): Lecture/Theory, Online
BCOM 600
Business Communications
3
You will practice written and oral communication skills that managers use on the job. You will study how to write effective letters, emails, and reports. You will plan and conduct meetings and deliver a verbal presentation.
Credit Units: 3
Course Hours: 45.0
Equivalent Course(s): MGMT 125
Potential Learning Method(s): Lecture/Theory, Online
Having an adequate base knowledge of Canadian business law can inform the decisions made by a businessperson. Your studies will focus on the field of business law in the Canadian context. You will examine the concepts of contract law. You will learn and apply common law related to torts, agency, and various forms of business organization. Particular emphasis will be placed managing legal risks through planning, strategizing, and recognizing when professional advice is needed.
Credit Units: 3
Course Hours: 45.0
Equivalent Course(s): MGMT 131
Potential Learning Method(s): Lecture/Theory, Online
STAT 600
Business Statistics
3
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: 3
Course Hours: 45.0
Potential Learning Method(s): Lecture/Theory, Online
Total semester credits: 15
Semester 2
Code
Name/Description
Credits
ACCT 602
Intermediate Accounting 1
3
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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 601
Potential Learning Method(s): Lecture/Theory, Online
ACCT 604
Cost Accounting 1
3
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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 601
Potential Learning Method(s): Lecture/Theory, Online
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 an audit simulation project.
Credit Units: 3
Course Hours: 45.0
Prerequisites(s): ACCT 601
Potential Learning Method(s): Lecture/Theory, Online
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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 600
Potential Learning Method(s): Lecture/Theory, Online
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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 601
Potential Learning Method(s): Lecture/Theory, Online
Total semester credits: 15
Semester 3
Code
Name/Description
Credits
ACCT 603
Intermediate Accounting 2
3
You will continue your studies of financial accounting begun in ACCT 602. 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: 3
Course Hours: 45.0
Prerequisites(s): ACCT 602
Potential Learning Method(s): Lecture/Theory, Online
Your studies will expand on the material covered in Taxation 1 (TAX 600) and you will learn the skills required to solve more complex problems for individual taxpayers. You will study the calculation of taxable income, calculation of corporate tax and the completion of corporate income tax returns.
Credit Units: 3
Course Hours: 45.0
Prerequisites(s): TAX 600
Potential Learning Method(s): Lecture/Theory, Online
Total semester credits: 6
