This course provides an overview of the financial reporting process. It concentrates on the recording process and the production of financial statements. Perfect for non-accounting majors, accounting topics are presented in small, manageable segments, using clear language and plentiful visuals. The course introduces simple tools to allow students to analyze financial information and explain the information contained in the financial statements in their future roles as managers, investors, or other users of financial accounting information.

Building on CA 01 Financial Accounting- Basics, this course presents students with more advanced topics in Financial Accounting. Advanced topics provide students with in-depth knowledge of assets and depreciation, and examining intangible assets and leases. Students will explore and learn about current liabilities and contingencies. They will examine stockholders equity and earnings, as well as accounting changes and error corrections.

This course is designed to introduce students to Sage 50 Accounting. Highlights include an overview of the interface followed by a detailed look at creating a company, defining company settings and entering historical data. Coverage of the core modules in Sage 50 Accounting as well as the most common transactions, periodic processing and reporting are also discussed. Students will have an overview of the setup and use of payroll and inventory, followed by a detailed look at how to use projects, time slips and time and billing, budgets, multicurrency and departmental accounting. This is followed by a look at advanced reporting, database management, year-end, customizing forms, and concludes with the topic on users and security.

This course is an introduction to QuickBooks. It provides hands-on instruction regarding how to set up QuickBooks for use as a system for small businesses. This course will teach students how to use many of the features available in QuickBooks. Participants will learn about the types of information they need to track in their business and will become familiar with the most common tasks required, as well as the more advanced functions of the software.

This course is intended to provide students with an in-depth knowledge of fundamental cost accounting techniques for use in a manufacturing and service environment. Emphasis is placed on product/service cost determination using Job Order Systems, Process Costing systems and Standard Cost practices. Budget topics are also addressed.

This course provides students with a basic understanding of the Income Tax Act and regulations to determine the Income Tax Liability as it applies mainly to individuals and businesses. The course allows students to learn how to prepare a simple tax return for an individual resident of Canada and to use the knowledge gained from this course to solve problems relating to the taxation of individuals resident and non-resident of Canada. Students will also study GST and HST. The course is a comprehensive and practical approach to federal and provincial legislation relating to the payroll function. This course provides an overview of the requirements for processing payroll calculations and administrating the payments to employees, government agencies and other parties in compliance with laws, regulations and contractual arrangements. Students will learn how to prepare hourly, salaried and commission payroll. They will also learn payroll law, record maintenance, pay cheque and statement preparation, T4 preparation, and how current source deduction rules affect payroll preparation. WCA, Revenue Canada Taxation, Records of Employment and Stats Canada reporting are covered, as well as Employment Standards.

The course is a comprehensive and practical approach to federal and provincial legislation relating to audit reports on financial statements. It will overview audit reports on the effectiveness of internal controls, various ways auditors gather evidence, and the role of professional skepticism in evaluating audit evidence. Prioritizing risks, auditor independence rules, audit of sales and receipts purchases, disbursements, and payroll cycle will all be covered as well.

Are you a domestic student?

You must prove the following:

• You have successfully earned a high school diploma or Adult Graduation Diploma
• You are at least 19 years old before the first day of your program or you have parental or guardian consent

Are you a domestic student?

You must show your language proficiency in ONE of the following ways:

• You achieved 70% or higher in Canadian provincial or territorial English 12, English Literature 12 or an equivalent course
• You have completed two or more years in a row of full-time post-secondary education in English in one of the approved countries listed below
• You achieved a minimum score on one of the approved tests listed below

Approved Countries

Antigua and Barbuda, Australia, Bahamas, Barbados, Belize, Bermuda, Botswana, British Virgin Islands, Canada, Cayman Islands, Dominica, Falkland Islands, Fiji, Gambia, Ghana, Grenada, Guam, Guyana, Ireland, Jamaica, Kenya, Lesotho, Liberia, Malta, Mauritius, Montserrat, New Zealand, Nigeria, Seychelles, Sierra Leone, Singapore, South Africa, St. Kitts and Nevis, St. Lucia, St. Vincent and The Grenadines, Tanzania, Trinidad and Tobago, Turks and Caicos Islands, Uganda, United Kingdom, United States of America, Zambia, Zimbabwe 

Approved English Language Proficiency Tests and Scores

• Cambridge English Advanced (CAE): minimum score of 58
• The Canadian Academic English Language Assessment (CAEL): minimum score of 60
• Canadian English Language Proficiency Index Program (CELPIP): academic level 4L and CELPIP-General level 7 in all components
• Canadian Language Benchmarks (CLB): minimum score of 7
• International English Language Testing (IELTS): academic level with a minimum overall score of 6.0
• International Test of English Proficiency (iTEP): academic level 3
• Michigan Test of English Language Proficiency (MELAB): minimum score of 76
• Test of English as a Foreign Language (TOEFL) internet-based test: academic level with a minimum score of 79-80 and a minimum of 19-20 on each band
• Test of English as a Foreign Language (TOEFL) paper-based test: minimum score of 550 and a minimum of 23 each for reading, writing, and listening
• Duolingo: minimum score of 110 (temporary option available until December 2021)

Are you an international student?

You must prove the following:

• You have successfully earned a high school diploma or Adult Graduation Diploma
• You are at least 19 years old before the first day of your program or you have parental or guardian consent

Are you an international student?

You must show your language proficiency in ONE of the following ways:

• You achieved 70% or higher in Canadian provincial or territorial English 12, English Literature 12 or an equivalent course
• You have completed two or more years in a row of full-time post-secondary education in English in one of the approved countries listed below
• You achieved a minimum score on one of the approved tests listed below

Approved Countries

Antigua and Barbuda, Australia, Bahamas, Barbados, Belize, Bermuda, Botswana, British Virgin Islands, Cayman Islands, Dominica, Falkland Islands, Fiji, Gambia, Ghana, Grenada, Guam, Guyana, Ireland, Jamaica, Kenya, Lesotho, Liberia, Malta, Mauritius, Montserrat, New Zealand, Nigeria, Seychelles, Sierra Leone, Singapore, South Africa, St. Kitts and Nevis, St. Lucia, St. Vincent and The Grenadines, Tanzania, Trinidad and Tobago, Turks and Caicos Islands, Uganda, United Kingdom, United States of America, Zambia, Zimbabwe

Approved English Language Proficiency Tests and Scores

• Cambridge English Advanced (CAE): minimum score of 58
• The Canadian Academic English Language Assessment (CAEL): minimum score of 60
• Canadian English Language Proficiency Index Program (CELPIP): academic level 4L and CELPIP-General level 7 in all components
• Canadian Language Benchmarks (CLB): minimum score of 7
• International English Language Testing (IELTS): academic level with a minimum overall score of 6.0
• International Test of English Proficiency (iTEP): academic level 3
• Michigan Test of English Language Proficiency (MELAB): minimum score of 76
• Test of English as a Foreign Language (TOEFL) internet-based test: academic level with a minimum score of 79-80 and a minimum of 19-20 on each band
• Test of English as a Foreign Language (TOEFL) paper-based test: minimum score of 550 and a minimum of 23 each for reading, writing, and listening
• Duolingo: minimum score of 110 (temporary option available until December 2021)

Do you identify as a mature student?

To qualify, you must meet the following requirements:

• You are at least 21 years of age
• You have not completed a high school diploma or an Adult Graduation Diploma or you have not attended high school in the last four years and you have not earned a degree or diploma for a college or university

Application Requirements

Mature Students are accepted at the discretion of the Registrar, who may require you to submit the following:

• Transcripts of completed high school or post-secondary education
• 1 or 2 professional references from your current or past employers
• A written letter outlining your career goals and why you feel you will succeed in the program
• A written personal profile
• Other forms of documentation to support your application

Additional Requirements

You must meet all of the program-specific and non-academic requirements where listed. In some cases, you may need to complete a placement exam to determine academic readiness.