Current Size: 100%
Business Administration - Accounting |
The Business School |
2012/2013 Program AvailabilityNorth Fall: Open Winter: Open Summer: Open |
|
|
Type:
Advanced Diploma
|
Campus:
North
|
|
|
Program Code:
02111 |
Length: Humber North Campus |
|
|
CONTACT INFORMATION: Michael Lee, program co-ordinator | 416.675.6622 ext. 4442 | michael.lee@humber.ca
|
||
The Business Administration – Accounting three-year advanced diploma covers a number of areas including accounting theory, procedures and best practices. Detailed instruction is provided in auditing, taxation, law, information systems and management. Accelerate your learning in Humber’s Accounting Centre, where you’ll gain hands-on experience in industry-standard software such as Caseware, Idea, Profile (personal and corporate tax), Access, Excel, Simply Accounting and Accpac Plus.
Go in-depth in your study through wide-ranging courses on subjects such as quantities methods, business systems, marketing, business statistics, financial controllership and auditing. Learn the inner workings of the accounting field from expert faculty who will teach you key concepts in buying, selling, financing and investing. Practical in-class activities and assignments are complemented by an innovative co-op option available in the second year to students showing a strong academic performance.
Our program offers you the opportunity to complete Level 3 courses approved by the CGA of Ontario. Current CGA membership criteria require Humber graduates to enrol in additional CGA-specific courses to qualify. Make sure to review the CGA requirements and standards carefully to gain a complete understanding of current requirements.
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.
In second year students who achieve a 70% average in all courses can be considered for entrance into Humber’s 3-year program that includes a paid co-op work term at the end of semester 3, 4 and 5.
Our 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 in order to receive CGA credit. For further information, visit cga-ontario.org.
Toronto employs almost three million people and is one of the top three financial services centres in North America. Humber’s Business Administration – Accounting diploma may help you enter this exciting market. Your practical and intensive training will make you an in-demand candidate for a career in accounts payable, accounts receivable, cost accounting, general ledger accountant, general accounting, credit and collections, inventory control, payroll accountant, internal/external auditor, budget analysis consultant, financial accountant, management accounting, tax auditor, tax preparation and compliance manager – asset management.
Knowledgeable about current business administration accounting practices and up to date on relevant accounting software, you’ll be prepared to make a difference in the financial well-being of organizations in both the private and public sector.
Students not selected for co-op will complete an 84-hour placement where they can put their accounting knowledge and skills into practice. The student and the school share responsibility for finding the work placement.
Co-op Option
There are a limited number of spaces for students to mix a co-op work experience with their academic learning in alternating semesters. Acceptance is based on academic performance. Starting after the third semester, the selected students will have three four-month work terms.
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.
Graduates with an overall GPA of 70 per cent or higher may be considered for admission to Humber's four-year Bachelor of Commerce – Accounting degree program 22211 and may then complete the degree with the equivalent of five semesters of full-time study plus a paid work term. Successful applicants must also possess ENG4U or Humber's COMM 200 or COMM 300 with a grade of 70 per cent; plus any Grade 12 U level mathematics or Humber's BMAT 210 and BSTA 300 with an average grade of 70 per cent. Admission will be based on availability in the program. For more information email enquiry@humber.ca.
Qualified graduates may be eligible to apply their academic credits toward further study at many postsecondary institutions, or complete the designation to be a Certified General Accountant (CGA) after obtaining their degree. Students can obtain Level 4 of 5 of CGA by completing the Post diploma Certificate program, which consists of 10 courses. 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 | 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 This course is designed to give the students an intermediate level of MS Excel 2010 and MS Access 2010. | 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 |
Note: Co-op students take ACCT 461 in the third semester and GNED in the fourth semester.
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 |
| BSTA 300 | Business StatisticsBusiness StatisticsCourse Code: BSTA 300 Credits: 3 This course covers modern descriptive and inferential statistics. The course deals with the application of formulas, techniques and computer use. Emphasis will be on the recording, presentation and analysis of data, forecasting and decision-making. | 3 |
Semester 5 | Course Code | Course | Credits |
| ACCT 306 | Intermediate Accounting 3 - Liabilities and Equities Part AIntermediate Accounting 3 - Liabilities and Equities Part ACourse Code: ACCT 306 Credits: 3 This course is a continuation of Intermediate Accounting I, placing emphasis on accounting theory and conducting an in depth study of the analysis of special problems that arise in applying these concepts to financial accounting. | 3 |
| ACCT 541 | Financial Controllership 1 Financial Controllership 1Course Code: ACCT 541 Credits: 4 This course assumes an extensive accounting background on the part of the student. The objective of the course is to give the student a basic understanding of financial planning and control with emphasis on the analysis of needs, acquisition and utilization of funds in a decision-making context. | 4 |
| ACCT 551 | Auditing 1 Auditing 1Course Code: ACCT 551 Credits: 4 The course will provide the student with a sound conceptual and pragmatic understanding of auditing. The primary emphasis of the course is on the auditor's decision-making process and the purpose, scope and concepts of external auditing. The impact of the adoption of international standards of auditing (ISA's) on Canada's audit standards will be explored. This course also includes audit planning, evaluating internal controls, documenting audit evidence, assessing materiality and risk and communicating the results of the audit. Students are introduced to computer software whereby students develop and exercise audit strategies including management of audit files and working papers. The course will also cover the legal and ethical requirements of the public accounting field and how to apply these requirements to practical audit situations. This course assumes that you have a foundation in intermediate financial accounting and are familiar with quantitative methods and management information systems. You are also expected to have a sound understanding of basic mathematics and its application in the business context. | 4 |
| ACCT 561 | Income Tax 2Income Tax 2Course Code: ACCT 561 Credits: 4 This course provides a study of current Canadian income tax policies, rules and legislation as they relate to the taxation of corporations. It will provide the student with experience in preparing corporate tax returns, using PROFILE TAX software, which is provided with the textbook. The student will apply knowledge from this and previous courses to the appropriate software modules and prepare computerized tax returns. The student will interpret the returns and make decisions concerning required adjustments to the returns. | 4 |
| BSTA 750 | Quantitative Methods for AccountingQuantitative Methods for AccountingCourse Code: BSTA 750 Credits: 3 This course provides students with an understanding of the role of mathematical models in the decision-making process. Particular attention will be paid to their applicability to finance and accounting. Quantitative methods examined in this course include decision analysis, linear programming, time series, as well as simple and multiple regressions. Microsoft Excel will be used in the solution and analysis of problems. | 3 |
| MKTG 111 | MarketingMarketingCourse Code: MKTG 111 Credits: This introductory course examines how marketing is practiced in Canadian business today. This course will explain the purpose of marketing, describe the environmental forces, explain how target customers are identified, and describe the process of market segmentation and positioning.
The balance of the course will focus on explaining and exploring the elements of the marketing mix - product, price, place and promotion. |
Semester 6 | Course Code | Course | Credits |
| ACCT 307 | Intermediate Accounting 2 - Liabilities and Equities Part BIntermediate Accounting 2 - Liabilities and Equities Part BCourse Code: ACCT 307 Credits: 3 This course is a continuation of Intermediate Accounting I, placing emphasis on accounting theory and conducting an in depth study of the analysis of special problems that arise in applying these concepts to financial accounting. | 3 |
| ACCT 601 | Business Strategies Business StrategiesCourse Code: ACCT 601 Credits: 4 Integrating and applying skills learned in general and cost accounting, finance, payroll, human resource management and marketing, the student will take part in an industry simulation as part of management team, and compete with other similar companies for market share, profit and return in investment while learning how to improve effective relations with others. | 4 |
| ACCT 641 | Financial Controllership 2 Financial Controllership 2Course Code: ACCT 641 Credits: 4 This course is the second of the Financial Controllership courses. The course examines risk analysis in a capital budgeting context and the effects of financing on the valuation of a firm. The use of capital markets including options and futures is introduced. The course also covers the use of short term financing and the management of short-term assets. | 4 |
| ACCT 651 | Auditing 2Auditing 2Course Code: ACCT 651 Credits: 4 This course will provide the students with a broad understanding of practical audit procedures and the expected impact of the adoption of international standards of audit (ISA's) on those procedures. The course will emphasize the application of audit judgment to determine the nature and amount of evidence, which the auditor should accumulate. The course will also provide a basic understanding of how audit procedures are affected by EDP accounting applications. Students are introduced to software that is used by auditors to assist in substantive testing. | 4 |
| 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 |
