Business - Accounting

An accounting education helps you to understand “the numbers” which is critical to the success of every type of business. If you are a logical thinker and enjoy the challenge of unravelling the mystery of numbers then this program is for you. In this increasingly complex and competitive business environment, accounting skills are very much in demand.

The program provides a foundation in all of the functional business areas and a comprehensive education in specific accounting practices and theory. Through a strong focus on application, students develop the skills needed for success in the business world; analytical thinking, problem solving, communication and teamwork. Students graduate ready to enter the workforce and support the accounting activities of any organization.

General information

Program code
BACN
Duration
2 Years
Credential
Ontario College Diploma
Campus
Georgian@ILAC Toronto
Delivery
Full-time

Intake information

Start date
Summer 2024
Fall 2024
Winter 2025

Program fees

For fees please click here to visit the Georgian College fees page.

Program learning outcomes

The graduate has reliably demonstrated the ability to:

1. record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations;

2. prepare and present financial statements, reports, and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises;

3. contribute to recurring decision-making by applying fundamental management accounting concepts;

4. prepare individuals’ income tax returns and basic tax planning in compliance with relevant legislation and regulations;

5. analyze organizational structures, the interdependence of functional areas and the impact those relationships can have on financial performance;

6. analyze, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances, and the environment on an organization’s operations;

7. outline the elements of an organization’s internal control system and risk management;

8. contribute to recurring decision-making by applying fundamental financial management concepts;

9. develop strategies to assist an entrepreneur in making sound business decisions applicable to accounting, finance and taxation;

10. employ environmentally sustainable practices within the profession.

Career opportunities

Graduates work in a broad range of employment settings in all sectors of business and industry, including banks and other financial institutions, government offices, public accounting firms, small business, self-employment, tax preparation firms, financial planning firms, manufacturing firms, and non-profit organizations.

External recognition

Students can pursue the Ontario Chartered Professional Accountant designation (CPA) upon completion of a university degree recognized by CPA. CPA Ontario will recognize college level credits that have been transferred to a CPA recognized university degree program towards the Prerequisite Education Program (PREP) level of the CPA requirements. Additional information can be found at: https://www.cpaontario.ca/ (http://www.cpaontario.ca/)

Admission requirements

  • ILAC Pathway 3.2, or IELTS 6.0 with no band less than 5.5
    (SDS program – IELTS score 6.0, no band less than 6.0)
  • Duolingo (TOEFL, CAE and TOEIC): 110 score

OSSD or equivalent with

  • Grade 12 English (C or U)
  • any Grade 111 or 12 Mathematics (C, M, or U)

1Minimum of 60% in Grade 11 College or University level Mathematics (MBF3C or MCF3M)

Mature students, non-secondary school applicants (19 years or older), and home school applicants may also be considered for admission. Eligibility may be met by applicants who have taken equivalent courses, upgrading, completed their GED, and equivalency testing. For complete details refer to: www.georgiancollege.ca/admissions/policies-procedures/

For more information and complete admission requirements please contact your respective region’s Recruitment Manager.

Courses

Semester 1
ACCT 1000
Financial Accounting Principles 1
BUSI 1001
Introduction to Organizational Behaviour
COMP 1003
Microcomputer Applications
MATH 1002
Mathematics of Finance
MKTG 1000
Introduction to Marketing
Communications Course
Select 1 course from the communications list during registration.
Semester 2
ACCT 1001
Financial Accounting Principles 2
ACCT 1018
Business Applications for Accounting
FNCE 2000
Business Finance
STAT 2000
Statistics 1
Communications Course
Select 1 course from the communications list during registration.
General Education Course
Select 1 course from the general education list during registration.
Semester 3
ACCT 2003
Cost Accounting 1
ACCT 2011
Personal Taxation
ACCT 2013
Intermediate Financial Accounting 1
ECON 1000
Microeconomics
General Education Course
Select 2 courses from the general education list during registration.
Semester 4
ACCT 2000
Cost Accounting 2
ACCT 2012
Applied Excel
ACCT 2014
Intermediate Financial Accounting 2
ECON 2000
Macroeconomics
LAWS 2000
Business Law
Program Option Course
Select 1 course from the available list during registration.
4th Semester Option Pool
BUSI 1019
Payroll Administration
ENTR 1002
Introduction to Entrepreneurship
FNCE 2001
Managerial Finance
HURM 1000
Human Resources Management Foundations
MGMT 2012
Introduction to Project Management

Professional designation

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