Current Size: 100%
Business - Accounting |
The Business School |
2012/2013 Program AvailabilityLakeshore Fall: Open Winter: Open North Fall: Open Winter: Open Summer: Open |
|
|
Type:
Diploma
|
Campus:
North, Lakeshore
|
|
|
Program Code:
02211 |
Length: Humber North Campus |
|
|
CONTACT INFORMATION: Michael Lee, program co-ordinator | 416.675.6622 ext. 4442 | michael.lee@humber.ca
|
||
Business – Accounting at Humber provides you with a well-rounded accounting education that features training in accounting procedures and theory, taxation, law, information systems, and management. Training in our state-of-the-art Accounting Centre, you’ll learn about best practices in accounting and become adept at using industry-standard software such as Profile (personal tax), Access, Excel, Simply Accounting and Accpac Plus.
Learn accounting from industry connected faculty who are committed to providing you with practical, hands-on accounting training to help you get ahead. The program’s versatile range of courses goes beyond the basics to help you develop broad-based business skills, including human resource administration, business writing, macroeconomics and personal taxation. Second semester students who achieve a 70 per cent average in all courses may be eligible for the three-year advanced diploma.
A common first year provides a solid overview to business. Students will study accounting procedures and theory, auditing, taxation, law, information systems and management. They will be trained in Access, Excel, Simply Accounting and ACCPAC Plus. And have the ability to access the Humber Accounting Centre and WebCT for assistance outside of the classroom.
In first year students are introduced to accounting, information systems, financial mathematics, computer applications and business writing. At this point, students have the option to choose between a 2 or 3-year program. A 70% average or higher is required for admission into the co-op or 3-year program.
For students who want to graduate sooner, a second and final year will include more advanced course and computer software applications.
This program is recognized by Certified General Accountants (CGA), the Canadian Institute of Bookkeeping, the Canadian Payroll Association, and the Canadian Institute of Financial Planners (CIFP).
Note: Students must obtain 70 per cent or more in CGA approved courses to receive CGA credit.
Combine your leading-edge accounting diploma with the wealth of career opportunities in Toronto – one of the three financial services centres in North America – and it’s clear the numbers are in your favour when you pursue Business – Accounting at Humber.
Pursue career opportunities in accounts payable, accounts receivable, cost accounting, general ledger accountant, general accounting, credit and collections, inventory control, payroll accountant, budget analysis consultant, financial accountant, management accounting, tax auditor, tax preparation and compliance manager – asset management.
Your solid understanding of current accounting practices and ability to use the latest accounting software will strike a chord with employers and allow you to excel at helping organizations manage and promote their financial well-being.
Put your accounting knowledge and skills into practice during the 84-hour business placement component of this program. The student and the school share responsibility for finding the work placement.
Note: For more information visit Selection Procedures.
Meeting the minimum requirements does not guarantee admission to the program.
Businesses begin, expand and continue to prosper with the support of accounting expertise. Accountants help determine if an idea is financially viable. If sufficient capital is available. If a product is cost-effective or if the distribution process has financial merit.
Accounting input and expertise can decide if a rock band can tour North America or tour the world. If a homegrown Canadian company is ready to make the jump to multi-national status or if a client is ready to diversify a personal portfolio into more risky ventures.
As business perceptions and tax law change – accounting changes too. As an accounting expert, you will look forward to continued learning and skill development to meet the changing needs of your clients.
Our state-of-the-art Accounting Centre offers expert help specifically tailored to our programs, as well as all the software and equipment you need to keep up with your studies - all easily accessible to all Accounting students.
Graduates with an overall GPA of 75 per cent or higher will be considered for admission to Humber’s four-year Bachelor of Commerce – Accounting degree program. Graduates may then complete the degree with the equivalent of six semesters of full-time study plus a paid work term.
Successful applicants must also possess ENG4U or Humber’s COMM 200 or COMM 300, or equivalent, with a grade of 70 per cent; plus any Grade 12 U level Mathematics or Humber’s BMAT 210 and BSTA 300, or equivalent, with an average of 70 per cent.
Students who plan to immediately obtain a degree and a professional designation such as Certified General Accountant (CGA) should choose the three-year Accounting program 02111. Those who have the same long-term goals but intend to find a job may want to choose the two-year diploma program and continue later as financing further study becomes more viable.
As well, qualified graduates of this program may be eligible to apply their academic credits toward further study at many postsecondary institutions. For detailed information, visit our website at humber.ca/transferguide.
The 2011/2012 fee for two semesters was
– domestic $3,317.08
– international $12,200.
Amounts listed are the total of tuition, lab and material fees, student service and auxiliary fees for the first two semesters of the 2011/2012 academic year.
Fees are subject to change.
For more information visit Fees and Financial Assistance.
Semester 1 | ||
| Course Code | Course | Credits |
| ACCT 108 | Information Systems ConceptsInformation Systems ConceptsCourse Code: ACCT 108 Credits: 3 We are currently in the middle of an Information Revolution and virtually all job occupations have a requirement for computer literacy. The purpose of this course is to introduce the student to computer information systems with an emphasis on the hardware, software and basic Microsoft Windows 7 knowledge (file management-maintaining storage locations, backups, etc.) and to give students a basic knowledge of Excel. As with all areas of specialization, a great deal of terminology (new words) must be understood for the employee to be able to function properly in the field. This course will provide most of that terminology along with the basic concepts of computer input devices, processing concepts, and output devices. | 3 |
| ACCT 111 | Introduction to Accounting 1 Introduction to Accounting 1Course Code: ACCT 111 Credits: 4 This course assumes no accounting background on the part of the student, and is intended to provide a strong foundation for future studies in accounting. The course covers the complete accounting cycle with a detailed examination of both the conceptual and procedural elements of the cycle. Students will prepare and interpret financial statements. | 4 |
| BMAT 210 | Financial Mathematics for AccountingFinancial Mathematics for AccountingCourse Code: BMAT 210 Credits: 3 This course builds upon the mathematical foundations covered in BMAT 110 Essentials of Business Mathematics. The major topics include compound interest, ordinary simple annuities, general annuities, amortization, discounted cash flow and net present value as they relate to investment decisions. | 3 |
| COMM 200 | College Writing SkillsCollege Writing SkillsCourse Code: COMM 200 Credits: 3 College Writing Skills emphasizes elements of the writing process. Although subject matter and format may change from one program to another, the skills necessary for effective writing remain the same, as do the professional standards that all Humber students are expected to attain.
Students will practice the reading and writing skills that will be valuable in their college programs and build a strong base for professional business writing. Those students who plan to further their studies will develop the fundamental skills for writing acceptable academic English.
To help students reach these goals, the course covers the following: analytical reading and critical thinking; essay organization and development; and the elements of clear writing, including grammar and punctuation skills.
To complete COMM 200 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the attached criterion sheet.
| 3 |
| HUMA 024 | Humanities: An Introduction to Arts and ScienceHumanities: An Introduction to Arts and ScienceCourse Code: HUMA 024 Credits: 3 The Humanities course focuses on fundamental questions individuals ask of themselves as they proceed through life. Why are we the way we are? Do we have free will or are we prisoners of our past experience or our biological inheritance? What motivates societies to change? Why do societal changes so often divide people into opposing camps? Why do so many people find contemporary life at home, at work, and in the community unfulfilling? What constitutes good government? How should injustice be fought? Can nations successfully deal with global problems? What is science and how does it differ from other kinds of inquiry? Can scientists provide solutions to the problems we face? What is art and does it offer answers of its own? What is its relationship to beauty, to knowledge, and to ethics? Is objectivity about art (or anything) possible? These questions are organized into units that begin with issues concerning the nature of the individual and then extend outward to various social, cultural and physical contexts.
The issues explored in this course are too complex to have any one right answer. Rather, individuals must search for answers that make sense of their experiences via various theoretical perspectives. The Humanities course supports this endeavour through study of different thinkers presented in the readings and exploration of different points of view explored in class discussions.
ESL students should consider taking the ESL Humanities course. Students may transfer into
ESL Humanities (HESL 024) either at the Registrar?s Office or the School of Liberal Arts & Sciences
Office (K201) on a first-come, first-served basis before the Last Day to Add. | 3 |
Semester 2 | Course Code | Course | Credits |
| ACCT 202 | Personal Computer ApplicationsPersonal Computer ApplicationsCourse Code: ACCT 202 Credits: 3 This course is designed to give the students an intermediate level of MS Excel 2010 and MS Access 2010. | 3 |
| ACCT 211 | Introduction to Accounting 2 Introduction to Accounting 2Course Code: ACCT 211 Credits: 4 The course provides a detailed study of the accounting for the various items appearing on a Balance Sheet, their control and their effects upon related items on the Income Statement and Statement of Cash Flows. In this course students will build on their knowledge of the accounting cycle. The assets, liabilities and owners' equity will be studied in detail and the student will be able to show the relationship of those categories to each other. An introduction to partnership and corporate accounting will strengthen the understanding of the importance of accounting information to its users, both internal and external. | 4 |
| ACCT 221 | Computerized Accounting: SimplyComputerized Accounting: SimplyCourse Code: ACCT 221 Credits: 4 To provide the student with experience in maintaining computerized accounting records, using Simply Accounting software. A by-product of this experience will be the reinforcement of accounting principles, concepts and processes introduced in ACCT 111. Through their coursework, the student will determine and prepare computerized transactions and related financial reports in the appropriate Simply software modules. The student will interpret financial statements and make decisions concerning required adjustments to the financial statements. As a review of basic accounting entries and the accounting cycle the student will also experience the manual-to-computer conversion process through a hands-on computer assignment. | 4 |
| ACCT 341 | Cost Accounting 1 Cost Accounting 1Course Code: ACCT 341 Credits: 4 This course provides an introduction to cost accounting concepts, including systems for job-order and process costing. Special problems relating to cost-volume-profit relationships will be studied in depth. Cost Accounting 1 is designed to acquaint the student with how accounting data is used internally by the various levels of management. The student will also learn how to accumulate product costs in a manufacturing environment and will be able to segregate cost by behaviour. | 4 |
| COMM 300 | Business Writing SkillsBusiness Writing SkillsCourse Code: COMM 300 Credits: 3 Business Writing Skills introduces students to the strategies of effective written workplace communication. This course is designed to build on and reinforce the writing skills developed in COMM 200 and requires students to apply these skills to vocationally relevant assignments. Students will learn how to select and organize pertinent information according to purpose and audience and will practise presenting their ideas clearly, precisely, and effectively in various written formats. To complete COMM 300 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the criterion sheet. | 3 |
| GNED 000 | General Education ElectiveGeneral Education ElectiveCourse Code: GNED 000 Credits: 3 The following courses represent the GNED General Education electives that you can choose from as part of your program's curriculum. Anthropology | 3 |
Semester 4 | Course Code | Course | Credits |
| ACCT 231 | Intermediate Accounting 1 - Assets Part BIntermediate Accounting 1 - Assets Part BCourse Code: ACCT 231 Credits: 3 This course will cover in more depth the Introduction to Accounting previously studied by the students. The emphasis is on accounting theory, concepts and the analysis of special problems that arise in applying the underlying concepts to financial accounting. Note: Students must be able to apply present-value concepts throughout the course. | 3 |
| ACCT 441 | Cost Accounting 2Cost Accounting 2Course Code: ACCT 441 Credits: 4 The course commences with an analysis of activity-based costing. This topic is followed by an introduction to profit planning, the study of operating budgets, and techniques for evaluating managerial performance. Subsequent topics include standard costs, pricing of products and services, relevant costs for decision-making purposes, and an introduction to capital budgeting. | 4 |
| ACCT 461 | Introduction to Income Tax Introduction to Income TaxCourse Code: ACCT 461 Credits: 4 The course commences with an analysis of activity-based costing. This topic is followed by an introduction to profit planning, the study of operating budgets, and techniques for evaluating managerial performance. Subsequent topics include standard costs, pricing of products and services, relevant costs for decision-making purposes, and an introduction to capital budgeting. | 4 |
| BECN 200 | MacroeconomicsMacroeconomicsCourse Code: BECN 200 Credits: 3 Economics provides a way of developing orderly and systematic tools for examining many kinds of domestic and international issues. Macroeconomic issues make the news every day. Whether the news relates to interest rates, unemployment, inflation, recession, trade, the exchange rate of the Canadian dollar against other currencies, or productivity, the issues affect us all. This course introduces the theoretical models and the data that are essential to understand aggregate Canadian production and spending. It also examines fluctuations in business activity and the ways in which the government conducts fiscal and monetary policies to achieve key economic objectives. | 3 |
| BISM 327 | Business SystemsBusiness SystemsCourse Code: BISM 327 Credits: 3 Information systems literacy requires a manager to understand the broad scope of organizations, management and information technology and their power to provide solutions to challenges and problems in the business environment. This course is an introduction to business information systems where the focus is managing information as a valuable business resource. | 3 |
| BUSN 450 | Business PlacementBusiness PlacementCourse Code: BUSN 450 Credits: 3 In this course students will gain relevant work experience by participating in an eighty-four hour, paid or unpaid work placement. Students will be required to document both the employment experience and their knowledge of business applications and theories through a series of assignments. These assignments relate directly to the job search process, the actual field placement experience and the specific courses completed in the students area of study. Employers will also play a key role in the evaluation process. | 3 |