Accounting is the backbone of business operations, dealing with budgets, profit and loss, and financial planning. Prepare for your career by completing either a one-year certificate or a two-year diploma. Completion of the diploma prepares you to enter directly into Year 3 of the Bachelor of Business Administration in Sustainable Business Practices degree program or to transfer to a number of other certifications.
Program Overview
The Accounting program can be completed either full-time or part-time and is available both completely online and in-class. As with all Business Management programs, our Accounting program has a focus on sustainability, preparing you to be competitive in the changing business landscape.
Note: Upon successful completion of all Year 1 courses, you can graduate with a Business Management Certificate in Accounting.
| Year 1 Fall Semester | Credits |
|---|---|
| ACCT 261 Introductory Financial Accounting 1 | 3 |
| MGMT 212 Business Law | 3 |
| ECON 101 Microeconomics | 3 |
| ENGL 100 English Composition | 3 |
| MATH 101 Finite Mathematics 1 or MATH 111 Business Mathematics or MATH 113 Calculus for Commerce | 3 |
| Total | 15 |
| Year 1 Winter Semester | Credits |
|---|---|
| ACCT 262 Introductory Financial Accounting 2 | 3 |
| COMC 102 Advanced Professional Communication | 3 |
| COMP 154 Computer Applications in Business | 3 |
| ECON 102 Macroeconomics | 3 |
| STAT 106 Statistics | 3 |
| Total | 15 |
| Year 2 Fall Semester | Credits |
|---|---|
| ACCT 363 Taxation 1 | 3 |
| ACCT 371 Corporate Finance 1 | 3 |
| ACCT 373 Intermediate Financial Reporting 1 | 3 |
| ACCT 375 Introductory Management Accounting | 3 |
| ACCT 369 Quantitative Methods in Business | 3 |
| Total | 15 |
| Year 2 Winter Semester | Credits |
|---|---|
| ACCT 372 Corporate Finance 2 | 3 |
| ACCT 374 Intermediate Financial Reporting 2 | 3 |
| ACCT 364 Taxation 2 | 3 |
| ACCT 350 Accounting Software Application | 3 |
| MGMT 411 Business Management Review | 3 |
| Total | 15 |
Course Descriptions
In this first semester of a two-semester course in accounting, the students are introduced to the basic accounting cycle including preparation of useful financial statements. Other topics include accounting for cash, receivables, inventory, and payroll.
In this course, the underlying principles and rules of common law are examined together with applicable statute law. Torts are studied, including; the making of contracts, their effect and completion; agency; legal forms of business; contracts of employment; sale of goods; negotiable instruments; methods of securing debt; and bankruptcy law.
This course deals with the economic principles that govern the individual segments of the economy. Topics include supply and demand, price elasticity, utility, cost of production, perfect and imperfect market structures, theory of production, the demand for factors, and the pricing of factors. Some current business situations are discussed.
English 100 focuses on composition for academic purposes and develops a student’s ability to write clearly and effectively. Students also learn the fundamentals of critical thinking, persuasive writing techniques (including rhetorical appeals and devices), scholarly research, and academic reading.
Choose from: MATH-101, MATH-111 or MATH-113
This course is intended for students who require an appreciation of higher mathematics, but don’t require calculus. Math 101 stresses a logical and critical thinking approach while investigating the following topics: an introduction to linear algebra, linear programming, the simplex method, set theory and counting, an introduction to probability and statistics, and Markov Processes.
This course emphasizes the mathematics required in general business processes. It begins with a brief review of arithmetic and algebra. These skills are then applied to business situations requiring the use of percentages, markup, simple interest and compound interest. The emphasis is on applied business mathematics and the use of a hand-held business calculator. This course is designed to prepare students for the mathematical and analytical applications required in subsequent business and economics courses.
This course will be of interest to students who wish to pursue a career in business. ACCT 262 is required in both the Accounting and Aboriginal Financial Manager majors of the Business Management two-year diploma and is designed to meet a preparatory course requirement for the Chartered Professional Accountant (CPA) Professional Education Program.
This course presents the written and oral communication strategies required in any workplace environment. Students gain practical experience that centers on gathering, summarizing and critically assessing information to produce professional documents. Students will also gain a better understanding on how basic design elements enhance the readability of workplace documents and online communication. This course also focuses on helping students develop speaking skills appropriate to informal and formal presentations and interviews.
This course examines information systems theory and utilizes computer technology. Students will explore the application of technology in organizations. Students will investigate information systems, evaluate organizational needs, and develop effective solutions. Security, legal and ethical issues will be examined along with characteristics of professional administration. Microsoft Office applications, including Word, Excel, PowerPoint, Access and Outlook, will be utilized to create effective business artifacts and fulfill organizational needs.
This course presents the economic principles that govern the behaviour of the nation’s economy. Topics include production possibility, supply and demand, national income analysis, money and banking, fiscal and monetary policy, and international trade. Current Canadian economic problems are discussed.
This course introduces the fundamental ideas of statistics and can be applied to any discipline. Topics include: collection, description, and presentation of data; calculating central tendency and dispersion; probability and statistical inference; hypothesis testing (means, proportions, variances, one and two samples); correlation and regression; decision making and sampling, Goodness of Fit Tests, and Contingency Tables.
This course is an introduction to Canadian taxation. It focuses on the understanding of the nature and structure of the Income Tax Act. Topics covered in this course include liability for tax and rules for computing income, taxable income, allowable deductions and taxes payable for individuals.
This course, along with ACCT 372, is an introduction to managerial finance. It focuses on the environment in which financial decisions are made, the analysis required to make financial decisions, and the theoretical framework on which the analysis is based. Topics covered include an introduction to taxation, the Canadian financial system, securities markets, the valuation of securities, capital budgeting, capital structure, the cost of capital, dividend policy, sources of financing, working capital management, international finance, and corporate reorganizations.
This course starts with a review of the accounting cycle and discussion of accounting concepts and principles. It is the first half of a two-part course in intermediate-level financial reporting. Topics covered include a conceptual framework, income statement and retained earnings statement, balance sheet and disclosure notes, cash flow statement, revenue and expense recognition and measurement, current monetary balances, inventory and cost of sales, capital assets, goodwill and deferred charges, amortization and impairment and investments in debt and equity securities.
This course is an introduction to managerial and cost accounting. Topics include: introduction to managerial accounting, building blocks of managerial accounting, cost behavior, cost volume profit analysis, job costing, activity based costing, short-term business decisions, master budget & responsibility accounting, flexible budgets and standard costs, performance evaluation & the balanced scorecard, capital investment decisions and the time value of money.
This course is designed to help students learn to express organizational problems in mathematical terms. Topics include linear programming; transportation, assignment and transshipment problems; project scheduling (PERT/CPM); inventory and waiting line models; simulation; decision theory; and forecasting. Microsoft Excel will be used for solving various business problems.
This course develops analytical techniques and financial theories used to make optimal decisions in a corporate setting. The course builds on and extends the concepts and tools covered in ACCT 371. Students are exposed to key financial concepts and tools commonly used by managers in making sound financial decisions.
This course is the second half of a two-part course in intermediate-level financial reporting. Topics covered include accounting for liabilities, shareholders’ equity, complex debt and equity instruments, corporate income taxes, tax losses, leases, pensions, earnings per share, accounting changes, cash flows, and other measurement and disclosure items.
This companion course to ACCT 363 completes the introduction to Canadian taxation by focusing on corporate taxation. This course deals with GST, taxation of corporations, corporate reorganizations, partnerships, trusts and estate planning.
This course provides students with a practical working knowledge of commonly used accounting software program Sage 50. Students will gain an understanding of using accounting software for the full accounting cycle. Topics covered include accounts receivable, accounts payable, payroll, bank reconciliations and month/year end processing.
This is an intensive capstone course intended to pull together all the subjects covered in the Business Administration Diploma Program. This course is designed to involve the student in running a business in a team environment and to show how it all comes together by utilizing a computerized business simulation. Students design and present a business plan to a board of directors; make operating, financial, marketing and human resource decisions; and prepare business reports.
Admission Requirements
Note: Students may commence certain courses in the program while they upgrade.
Your Costs
| Tuition Year 1: | $3309.0 |
| Tuition Year 2: | $3309.0 |
| Application Fee: | $30.0 |
| Student Association Fee: | $138.0 |
| Bus Pass Fee: | $177.6 |
| Lab Fee: | $151.86 |
| Health and Dental Fee: | $459.0 |
| Total | $ |
*These prices are for domestic students and may not be 100% accurate. However, these estimates will give you an adequate idea of tuition and fees for our programs. These prices do not include textbook costs. All prices are subject to change.
| Tuition Year 1 | $11700.0 |
| Tuition Year 2 | $12650.0 |
| Application Fee | $100.0 |
| International Fee | $100.0 |
| Student Association Fee | $138.0 |
| Bus Pass Fee | $177.6 |
| Lab Fee | $151.86 |
| Health and Dental Fee | $459.0 |
| Total | $ |
*These prices are for international students and may not be 100% accurate. However, these estimates will give you an adequate idea of tuition and fees for our programs. These prices do not include textbook costs. All prices are subject to change.
Additional Info
The Accounting Diploma at College of the Rockies provides students the opportunity to transfer their post-secondary courses to a number of accreditations such as Chartered Professional Accountant (CPA), Advanced Certificate in Accounting and Finance (ACAF), Certified Human Resources Professional (CHRP), and Certified Payroll Manager (CPM). Please contact an Education Advisor for more information.
Advanced Certificate in Accounting and Finance (ACAF) Transfer Guide
Delivery Method:?
On-campus, Online, Blended
Credential:
Diploma
Categories: Business, Finance & Leadership, University Studies, CPA Designation
Interests: Start or Run Your Own Business
2700 College Way
Box 8500, Cranbrook, BC, V1C 5L7
Phone: 250-489-2751
Toll-free: 1-877-489-2687
Email: info@cotr.bc.ca