Business - Accounting - Humber College - Toronto, Ontario, Canada

Our Program

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. Students can at any time transfer to the three-year diploma program but should only consider doing this if they have grades above 70 per cent in year one.

Two-year diploma students are not eligible to apply for the optional co-op program.

Students have the option to do four-consecutive semesters if they want to graduate sooner.

Your Career

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.

Work Placement

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.

Your Future Study Options

Graduates with an overall grade point average (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/WRIT 100 or COMM 300/WRIT 200, or equivalent, with a grade of 70 per cent; plus any Grade 12U-level Mathematics or Humber’s BMAT 210/BMTH 110 and BSTA 300/BSTA 200, 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 humber.ca/transferguide.

Professional Accreditation, Endorsement and Recognition

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.

Admission Requirements

Ontario Secondary School Diploma (OSSD) or equivalent, or mature student status
Grade 12 English (ENG4C or ENG4U). If English is not your first language, refer to the English Language Proficiency Policy
Grade 12 Mathematics (MAP4C, MCT4C, MDM4U, MCB4U, MGA4U, MCV4U or MHF4U)
Two Grade 11 or Grade 12C, U or M courses in addition to those listed above
Applicants who do not possess the required courses may complete admission testing to determine equivalencies. Invitation and booking of admission testing is done using the email address provided on the online application

Note: For more information, refer to Selection Procedures.
Meeting the minimum requirements does not guarantee admission to the program.

Fees / Scholarships

The 2013/2014 fee for two semesters is

domestic $3,550.08
international $12,950.

Amounts listed are the total of tuition, lab and material fees, student service and auxiliary fees for the first two semesters of the 2013/2014 academic year. Fees are subject to change. For more information, refer to Fees and Financial Assistance.

Curriculum (View the 2012/13 Curriculum)

Semester 1

Course Code	Course Name
ACCT 100	Information Systems Concepts Information Systems Concepts Course Code: ACCT 100 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.
ACCT 101	Introduction to Accounting 1 Introduction to Accounting 1 Course Code: ACCT 101 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.
BMTH 110	Financial Mathematics Financial Mathematics Course Code: BMTH 110 This course builds upon the mathematical foundations covered in BMTH 010 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.
GNED 101	An Introduction to Arts and Science An Introduction to Arts and Science Course Code: GNED 101 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.
WRIT 100	College Reading and Writing Skills College Reading and Writing Skills Course Code: WRIT 100 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 WRIT 100 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the attached criterion sheet.

Semester 2

Course Code	Course Name
ACCT 150	Personal Computer Applications Personal Computer Applications Course Code: ACCT 150 This course is designed to give the students an intermediate level of MS Excel 2010 and MS Access 2010. Upon completion of this course, the successful student will be able to: Recognize business situations where Excel could be applied using scenarios, links, and collaboration. Build and edit Excel worksheets for accounting applications. Be able to format Excel worksheets to clarify, emphasize and overall, enhance the readability of business information. Recognize business situations where Access could be usefully applied. Plan a database and create the resultant tables with relationships to meet a business situation. Plan and create advanced queries to answer specific questions which require the isolation of subsets of data to arrive at the answer. Plan and create useful forms to facilitate the inputting and viewing of information using form design guidelines. Plan and create useful and professional business reports with sorting, and grouping levels drawing on queries and related tables.
ACCT 151	Introduction to Accounting 2 Introduction to Accounting 2 Course Code: ACCT 151 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.
ACCT 152	Computerized Accounting: Simply Computerized Accounting: Simply Course Code: ACCT 152 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 101. 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.
ACCT 153	Cost Accounting 1 Cost Accounting 1 Course Code: ACCT 153 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.
GNED	General Education Elective General Education Elective Course Code: GNED The following courses represent the GNED General Education electives that you can choose from as part of your program's curriculum. Introduction to Liberal Arts and Sciences GNED 101 An Introduction to Arts and Sciences Anthropology ANTH 202 Physical Anthropology ANTH 205 Cultural Anthropology Arts ARTS 138 Understanding Movies: An Introduction to Film Studies ARTS 229 Musical Pioneers ARTS 241 Exploring Music and Film ARTS 246 Art and Artists - Money, Madness and Masterpieces Cultural Studies CULT 211 Conspiracy Theories and Critical Thinking CULT 214 AlterNative Pathways: Aboriginal People in Canada CULT 217 Encounter with Latin America CULT 228 Pop Culture: Shaping How We Live CULT 236 China: The Next Superpower CULT 239 Digital Culture CULT 242 Culture, Technology and Identity CULT 243 Crossing Borders: Migration and Culture CULT 244 Gender, Race and Ethnicity CULT 245 The Body: Beauty, Sex and Consumerism CULT 248 Women and Popular Culture Economics ECON 110 Real Life Economics ECON 204 People, Money and Markets ECON 206 The History of Money English ENGE 110 Literature: An Introduction ENGL 239 Dark Days Ahead ENGL 242 Pulp Fiction ENGL 246 Contemporary Fiction ENGL 247 Life Stories ENGL 248 Voices from the Underground Geography GEOG 210 The Nature of Ontario GEOG 212 Political Geography History HIST 110 Canada: The Good, the Bad and the Ugly HIST 203 Monsters of the 20th Century HIST 217 History of War HIST 218 The Making of the Modern World HIST 222 The Age of Europe: From the Enlightenment to 1989 Humanities HUMA 137 Art Matters: An Introduction to the Philosophy of Art HUMA 226 The Arts and the 21st Century Imagination: Longing for Paradise HUMA 235 World Religions HUMA 241 Risky Business: Living in a Dangerous World HUMA 242 Vampires: In Film and Literature HUMA 244 Ordinary Heroes: Extraordinary Lives! HUMA 250 God, Science and Religion Languages SPAN 110 Introductory Spanish 1 Philosophy PHIL 100 Ideas: An Introduction to Philosophy PHIL 110 The Love of Wisdom: An Introduction to Philosophy PHIL 217 Ethical Issues PHIL 225 Philosophy of Love and Sex PHIL 227 Business Ethics PHIL 228 Success: Philosophical Perspectives PHIL 229 Violence, Order and Justice: An Introduction to Political Philosophy PHIL 230 Environmental Ethics Political Science POLS 110 Introduction to Politics POLS 204 Morality, Democracy and Politics POLS 219 Globalization POLS 223 War and Terrorism POLS 224 Justice, Equality and Rights POLS 225 Environmental Policy and Economics Psychology PSYC 110 Psychology - An Introduction PSYC 205 Applied Psychology and Leadership PSYC 207 Psychology of Sport PSYC 210 Psychology - Developmental PSYC 220 Psychology - Social PSYC 230 Psychology - Abnormal Science SCIE 110 The Science of Everything SCIE 208 Water: A Life or Death Issue SCIE 213 Astronomy: The Evolving Universe SCIE 216 Origins of Life SCIE 219 Dangerous Earth SCIE 221 The Environment SCIE 223 Astrobiology: Life in the Universe SCIE 224 Discovering Dinosaurs Sociology SOCE 100 Canadian Society and Culture SOCI 110 Sociology: Introduction SOCI 205 Social Entrepreneurship: Profit, People and the Planet SOCI 219 Sport and Society SOCI 232 Gender, Power and Society SOCI 233 Sociology of Cultural Difference SOCI 234 Society and Conflict SOCI 236 Issues in Crime SOCI 237 Sociology of Fashion SOCI 238 Sociology of Food SOCI 239 Citizenship, Immigration, and Democracy SOCI 240 Sociology of the Family SOCI 246 Sociology of Emotions SOCI 247 Leadership SOCI 249 Imagining the City SOCI 257 Canada Today SOCI 277 Sexual Diversity: Contemporary Social Issues
WRIT 200	Workplace Writing Skills Workplace Writing Skills Course Code: WRIT 200 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 WRIT 100 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 WRIT 200 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the criterion sheet.

Semester 3

Course Code	Course Name
ACCT 200	Intermediate Accounting 1 - Assets Part A Intermediate Accounting 1 - Assets Part A Course Code: ACCT 200 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.
ACCT 202	Computerized Accounting: Advanced Computerized Accounting: Advanced Course Code: ACCT 202 As a continuation of ACCT 152, this course provides the student with experience in using ACCPAC Advantage 5.4 another accounting software program. Students will record transactions using the General Ledger, Accounts Payable and Receivable Modules and will prepare reports and financial statements. The student will complete an independent assignment converting a set of books and recording a set of transactions. The student will interpret financial statements and make decisions concerning required adjustments to the financial statements.
BECN 150	Microeconomics (Business) Microeconomics (Business) Course Code: BECN 150 This course will explore economics as economists see it, not a collection of facts about markets, but a powerful approach to thinking about almost any human behaviour. Economics is the study of how society and individuals use limited resources to meet their needs. Microeconomics focuses on the individual and the firm but also considers the role of government in economic organization. Specifically, it examines consumer demand, supply, prices, and the role of market structures in making profit-maximizing decisions.
BLAW 150	Business Law Business Law Course Code: BLAW 150 The course will introduce the student to Canada's laws and legal system, including the Canadian Constitution, court system, torts, contracts, property and various forms of business organizations. There will be an emphasis on law in Ontario and in Canadian business environments.
BMGT 200	Human Resources Administration Human Resources Administration Course Code: BMGT 200 This foundation course in human resource management provides an overview of the human resources function as it relates to an organization's goals and strategic objectives. It examines the issues of human resource management and its various functions, activities and processes. Students will study human resources policies, procedures and programs in large and small organizations, as well as specialized functions including staff planning, recruitment, selection, compensation, training, performance appraisal, health and safety, employment relations, and labour relations.
GNED	General Education Elective General Education Elective Course Code: GNED The following courses represent the GNED General Education electives that you can choose from as part of your program's curriculum. Introduction to Liberal Arts and Sciences GNED 101 An Introduction to Arts and Sciences Anthropology ANTH 202 Physical Anthropology ANTH 205 Cultural Anthropology Arts ARTS 138 Understanding Movies: An Introduction to Film Studies ARTS 229 Musical Pioneers ARTS 241 Exploring Music and Film ARTS 246 Art and Artists - Money, Madness and Masterpieces Cultural Studies CULT 211 Conspiracy Theories and Critical Thinking CULT 214 AlterNative Pathways: Aboriginal People in Canada CULT 217 Encounter with Latin America CULT 228 Pop Culture: Shaping How We Live CULT 236 China: The Next Superpower CULT 239 Digital Culture CULT 242 Culture, Technology and Identity CULT 243 Crossing Borders: Migration and Culture CULT 244 Gender, Race and Ethnicity CULT 245 The Body: Beauty, Sex and Consumerism CULT 248 Women and Popular Culture Economics ECON 110 Real Life Economics ECON 204 People, Money and Markets ECON 206 The History of Money English ENGE 110 Literature: An Introduction ENGL 239 Dark Days Ahead ENGL 242 Pulp Fiction ENGL 246 Contemporary Fiction ENGL 247 Life Stories ENGL 248 Voices from the Underground Geography GEOG 210 The Nature of Ontario GEOG 212 Political Geography History HIST 110 Canada: The Good, the Bad and the Ugly HIST 203 Monsters of the 20th Century HIST 217 History of War HIST 218 The Making of the Modern World HIST 222 The Age of Europe: From the Enlightenment to 1989 Humanities HUMA 137 Art Matters: An Introduction to the Philosophy of Art HUMA 226 The Arts and the 21st Century Imagination: Longing for Paradise HUMA 235 World Religions HUMA 241 Risky Business: Living in a Dangerous World HUMA 242 Vampires: In Film and Literature HUMA 244 Ordinary Heroes: Extraordinary Lives! HUMA 250 God, Science and Religion Languages SPAN 110 Introductory Spanish 1 Philosophy PHIL 100 Ideas: An Introduction to Philosophy PHIL 110 The Love of Wisdom: An Introduction to Philosophy PHIL 217 Ethical Issues PHIL 225 Philosophy of Love and Sex PHIL 227 Business Ethics PHIL 228 Success: Philosophical Perspectives PHIL 229 Violence, Order and Justice: An Introduction to Political Philosophy PHIL 230 Environmental Ethics Political Science POLS 110 Introduction to Politics POLS 204 Morality, Democracy and Politics POLS 219 Globalization POLS 223 War and Terrorism POLS 224 Justice, Equality and Rights POLS 225 Environmental Policy and Economics Psychology PSYC 110 Psychology - An Introduction PSYC 205 Applied Psychology and Leadership PSYC 207 Psychology of Sport PSYC 210 Psychology - Developmental PSYC 220 Psychology - Social PSYC 230 Psychology - Abnormal Science SCIE 110 The Science of Everything SCIE 208 Water: A Life or Death Issue SCIE 213 Astronomy: The Evolving Universe SCIE 216 Origins of Life SCIE 219 Dangerous Earth SCIE 221 The Environment SCIE 223 Astrobiology: Life in the Universe SCIE 224 Discovering Dinosaurs Sociology SOCE 100 Canadian Society and Culture SOCI 110 Sociology: Introduction SOCI 205 Social Entrepreneurship: Profit, People and the Planet SOCI 219 Sport and Society SOCI 232 Gender, Power and Society SOCI 233 Sociology of Cultural Difference SOCI 234 Society and Conflict SOCI 236 Issues in Crime SOCI 237 Sociology of Fashion SOCI 238 Sociology of Food SOCI 239 Citizenship, Immigration, and Democracy SOCI 240 Sociology of the Family SOCI 246 Sociology of Emotions SOCI 247 Leadership SOCI 249 Imagining the City SOCI 257 Canada Today SOCI 277 Sexual Diversity: Contemporary Social Issues

Semester 4

Course Code	Course Name
ACCT 203	Introduction to Income Tax Introduction to Income Tax Course Code: ACCT 203 This course provides a study of current Canadian income tax policies, rules and legislation as they relate to the taxation of individuals. Using exercises, problems, cases and tax preparation software, students will apply basic knowledge and understanding of the principles and practices of income taxation that impact individuals. The student will also obtain practical experience by applying knowledge from this and previous courses in preparing tax returns, using the publisher-supplied software PROFILE T1. In addition the student will also be required to interpret the returns and make decisions concerning required adjustments to the returns. One of the major aims of this course is to ensure that the student achieves a sound understanding of the principles and concepts of the Canadian Income Tax Act that is beyond the mere preparation of individual tax returns.
ACCT 250	Intermediate Accounting 1 - Assets Part B Intermediate Accounting 1 - Assets Part B Course Code: ACCT 250 This course is designed to give the students an intermediate level of MS Excel 2010 and MS Access 2010. Upon completion of this course, the successful student will be able to: - recognize business situations where Excel could be applied using scenarios, links, and collaboration - build and edit Excel worksheets for accounting applications - be able to format Excel worksheets to clarify, emphasize and overall, enhance the readability of business information - recognize business situations where Access could be usefully applied - plan a database and create the resultant tables with relationships to meet a business situation - plan and create advanced queries to answer specific questions which require the isolation of subsets of data to arrive at the answer - plan and create useful forms to facilitate the inputting and viewing of information using form design guidelines - plan and create useful and professional business reports with sorting, and grouping levels drawing on queries and related tables.
ACCT 252	Accounting 2: Cost Accounting 2: Cost Course Code: ACCT 252 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. Cost Accounting 2 will prepare the student for more advanced courses by blending the conceptual and technical aspects of managerial accounting. By using a computer to solve practical problems, the students are given an opportunity to apply managerial accounting techniques in a hands-on environment.
BECN 200	Macroeconomics (Business) Macroeconomics (Business) Course Code: BECN 200 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.
BISM 201	Business Systems Business Systems Course Code: BISM 201 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.
BUSN 251	Business Placement Business Placement Course Code: BUSN 251 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.

Diploma to Degree

Humber offers pathways from Ontario college diplomas to Humber degrees. Find out where your diploma can take you.

You can also choose another postsecondary institution. Humber has formal articulation agreements indicating the specific transfer arrangements from a Humber program to a particular degree program, as well as general policies on admissions at specific institutions. Click here to find out more.

May 2013 Program Availability

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