Accounting: Diploma
Description
The Accounting Diploma program prepares students for entry-level accounting positions and many of its courses can be transferred to professional accounting associations (CA, CGA, or CMA. Please consult the associations' websites for details). Students who complete the diploma with a minimum grade point average of 2.7 will meet the G.P.A. requirement for admission to year 3 of the Bachelor of Business Administration (BBA) in Accounting. Completion of the Accounting Diploma (with a minimum grade point average of 2.7 and a minimum grade of C+ in Accounting and Statistics) will also allow third year entry to the Bachelor of Business Administration degrees in Entrepreneurial Leadership, Human Resources Management, and Marketing Management.
During the program students will progress through basic accounting concepts and procedures to more advanced topics such as financial accounting, management accounting, finance, taxation and auditing. There are also courses in related subjects such as economics, computerized business systems, marketing and management. Required English and Mathematics courses ensure that students have the necessary skills in these important areas.
Due to prerequisite and course scheduling considerations, careful course planning is required. Students should consult an Educational Advisor when considering this diploma. The Accounting Diploma program is a two-year program. However, students may complete the program on a part-time basis over a longer period of time. Many evening courses are available.
Career Opportunities
There will always be a need for individuals who can provide accurate and timely financial data to managers, investors and creditors. As computers, government, inflation, unions and a shrinking world make the business environment more complex, the demand for these information professionals will grow. The Accounting programs prepare graduates for a career in this area.
Financial Managers are not restricted to any specific type of industry, management level or country. All organizations have financial information processing needs.
Future financial management careers include:
- Auditors
- Business Consultants
- Corporate Accountants
- Controllers
- Entrepreneurs
- Financial Analysts
- Financial Managers
- Financial Planners
- Forensic Accountants
- Instructors
- Internal Auditors
- Management Accountants
- Public Accountants
Graduates will find that these programs allow them to function effectively in most entry-level accounting positions. Many graduates use the program courses as exemptions toward one of the professional accounting programs (CA, CGA or CMA).
Program Admission Requirements
General university admission requirements apply to this program including the undergraduate-level English Proficiency Requirement.
Note: A first year English course is required for graduation. Students wishing to complete the program without having to undertake any preparatory English courses will need English 12 with a B grade, or the equivalent prerequisite, for direct entry into ENGL 1100. Please make an appointment with an Educational Advisor to plan your course selections accordingly.
Content
Students must complete a minimum of 60 credits that include:
All of Group A or all of Group B: |
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| Group A | |||
| ACCT 1110 | Principles of Accounting I | 3 credits | |
| ACCT 1210 | Principles of Accounting II | 3 credits | |
| Group B | |||
| ACCT 2293 | Introduction to Financial Accounting | 3 credits | |
| An elective course (any course numbered 1100 or higher) | 3 credits | ||
All of Group C or all of Group D: |
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| Group C | |||
| ACCT 3310 | Intermediate Financial Accounting I | 3 credits | |
| ACCT 3410 | Intermediate Accounting II | 3 credits | |
| Group D | |||
| ACCT 3510 | Intermediate Financial Accounting | 6 credits | |
All of Group E or all of Group F: |
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| Group E | |||
| ACCT 3320 | Introductory Management Accounting | 3 credits | |
| ACCT 3420 | Advanced Management Accounting | 3 credits | |
| Group F | |||
| ACCT 3520 | Management Accounting I & II | 6 credits | |
All of: |
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| ACCT 3335 | Taxation | 3 credits | |
| ACCT 3380 | Managerial Finance | 3 credits | |
| ACCT 3444 | Auditing | 3 credits | |
| CBSY 2205 | Management Information Systems | 3 credits | |
| One other CBSY course | 3 credits | ||
| CMNS 1140 | Introduction to Professional Communication | 3 credits | |
| ECON 1150 | Principles of Microeconomics | 3 credits | |
| ECON 1250 | Principles of Macroeconomics | 3 credits | |
| One course in Mathematics* | 3 credits | ||
| One course in Statistics* | 3 credits | ||
| ENGL 1100 | Writing, Reading and Thinking: An Introduction | 3 credits | |
| Two courses in Business (BUSI) and/or Marketing (MRKT) | 6 credits | ||
| One elective chosen from approved Faculty of Business Liberal Education Electives (3 or more credits) | |||
* Notes:
- Credit will not be granted for ACCT 1110 if credit was previously granted for ACCT 2293. Credit will not be granted for both ACCT 2293 and ACCT 1210.
- ACCT 1130 or BUQU 1130 Business Mathematics are the core business math courses recommended for the program. Students may earn credits for only ONE of ACCT 1130 or BUQU 1130.
- ACCT 1230 or BUQU 1230 Business Statistics are the core business statistics courses recommended for the program. Students may earn credits for only ONE of ACCT 1230 or BUQU 1230.
- See approved Faculty of Business Liberal Education Electives. The elective may also be an ECON or CMNS course numbered 1100 or higher.
- Credit for ECON 1101 will not be granted if taken after ECON 1150 or ECON 1250.
Recommended Course Progression:
This sequence is the suggested order in which courses can be completed. Students may wish to lessen their course load in any semester and/or take courses in a different sequence. It is possible to do so provided all prerequisite requirements are met.
For assistance with course planning please consult an Educational Advisor.
| Semester I | |||
| ACCT 1110 | Principles of Accounting I | 3 credits | |
| ACCT 1130 | Business Mathematics OR BUQU 1130 - Business Mathematics | 3 credits | |
| CBSY 1105 | Introduction to Microcomputer Processing | 3 credits | |
| ECON 1150 | Principles of Microeconomics | 3 credits | |
| ENGL 1100 | Writing, Reading and Thinking: An Introduction | 3 credits | |
| Semester II | |||
| ACCT 1210 | Principles of Accounting II | 3 credits | |
| ACCT 1230 | Business Statistics OR BUQU 1230 - Business Statistics | 3 credits | |
| CBSY 2205 | Computers and Information Processing | 3 credits | |
| ECON 1250 | Principles of Macroeconomics | 3 credits | |
| CMNS 1140 | Introduction to Professional Communication | 3 credits | |
| Semester III | |||
| ACCT 3310 | Intermediate Financial Accounting I | 3 credits | |
| ACCT 3320 | Introductory Management Accounting II | 3 credits | |
| ACCT 3335 | Taxation | 3 credits | |
| BUSI 1215 | Organizational Behaviour I | 3 credits | |
| BUSI 2390 | Business Law | 3 credits | |
| Semester IV | |||
| ACCT 3410 | Intermediate Financial Accounting II | 3 credits | |
| ACCT 3420 | Advanced Management Accounting | 3 credits | |
| ACCT 3380 | Managerial Finance | 3 credits | |
| ACCT 3444 | Auditing | 3 credits | |
| Liberal Education elective | |||
For Graduation purposes only:
- Credit will NOT be granted for ACCT 1110 if credit has been previously granted for ACCT 1210 or ACCT 2293.
- Credit will NOT be granted for both ACCT 1210 and ACCT 2293.
- Credit will NOT be granted for ACCT 1160.
- A maximum of 6 credits will be granted for any combination taken of ACCT 3320 (3 credits), ACCT 3420 (3 credits) or ACCT 3520 (6 credits).
- A maximum of 6 credits will be granted for any combination taken of ACCT 3310 (3 credits), ACCT 3410 (3 credits) or ACCT 3510 (6 credits).
Graduation
Upon successful completion of this program, students are eligible to receive a Diploma in Accounting.
