Accounting – Level I (ACTO)

Certificate

Description

Do you enjoy working with numbers? Are you committed to working towards a lucrative educational goal? Whether your goal is to be employed in the industry, commerce or government, this certificate will offer an excellent educational opportunity to acquire skills and knowledge in the accounting discipline.

Delivery Format

Part-time: Classroom, Independent Learning

Employment Opportunities

Students may find opportunities in both the private and public sector, specifically as accounting technicians, cost accountants, auditors, payroll officers, and working in banks/financial institutions.

Admission Requirements

Unless otherwise stated for a specific course, any adult (minimum age 19), regardless of residence, previous schooling or experience, may enrol in any of the part-time courses for this certificate program.

How to apply?

Contact Continuing Education at (705) 566-8101, extension 7373 or email: continuing@cambriancollege.ca

Tuition Fee (Canadian Students)

Fees are charged per course and will vary accordingly.

Tuition Fee (International Students)

Fees are charged per course according to current international rates and will vary accordingly.

Course Descriptions

  • ACC1100- 004 – Introduction To Accounting
    In this course, students will be introduced to the fundamental accounting principles of debit and credit and to the double entry system of bookkeeping. Students will also examine the use of control accounts and the opening and closing of a set of books along with the preparation of financial statements.
  • BUS1100- 004 – Business Mathematics
    In this course, students will demonstrate an understanding of basic business math applications. They will solve practical financial and mathematical problems encountered in the business community. Applications include payroll, algebra, ratios, proportions, percent, break-even, merchandising and simple interest applications. Students will have a supportive base for material in more advanced courses.
  • BUS1200- 004 – Mathematics Of Finance
    In this course, students will be introduced to the mathematics of finance and interest calculations, compound interest, annuities, loan financing, bonds, and investment decision making. Although not a prerequisite, completion of BUS 1100 is highly recommended prior to taking this course.
  • ACC1310- 004 – Financial Accounting
    In this course, students will examine, in more depth, selected assets and liabilities found on the balance sheet as well as learn to account for transactions involving partnerships and corporations. Assets examined include merchandise inventories, accounts receivable, notes receivable, plant , property, and equipment. Liabilities studied will include short term bonds payable, warranty liabilities, income tax liabilities, and payroll liabilities.
  • ACC1215- 003 – Accounting Simulation
    In this course, students will analyze and record various financial transactions utilizing all features in the following modules of the Sage 50 program: GENERAL, PAYABLE, RECEIVABLE, AND INVENTORY. The students will also setup a complete computerized accounting system using the Sage 50. Taking ACC1100 concurrently with ACC1215 is recommended.
  • ACC1117- 005 – Intermediate Accounting I
    In this course, students will acquire a comprehensive overview of additional topics and concepts in Accounting. They will learn about the accounting standards and conceptual framework for private and publicly accountable enterprises by completing, identifying and applying the proper presentation and disclosure requirements for all financial statements under ASPE and IFRS. Students will also examine such topics as reversing entries, current and long term liabilities including bonds payable, payroll and debt and share investments under both IFRS and ASPE. Completion of BUS 1200 prior to taking this course is highly recommended.
  • ACC2320- 004 – Management Accounting I
    In this course, students will be introduced to the basic concepts in management accounting. Students will focus on cost accounting systems for manufacturing entities, including an in-depth study of job costing. Students will be exposed to basic management accounting terminology, cost behaviour, cost-volume-profit analysis and budgeting. Students will be more successful if they have taken BUS 1100 and BUS 1200 prior to taking this course.
  • ACC2420- 004 – Management Accounting II
    In this course, students will continue the study of management accounting based on the fundamental concepts learned in Management Accounting I. The overall focus shifts from cost analysis to the identification and use of relevant management accounting information in managerial decision-making and in planning and control of operations. Students will examine advanced cost control techniques with consideration given to traditional and some contemporary techniques. Students will also study process costing.
  • ACC1118- 004 – Intermediate Accounting II
    In this course, students will examine, at an intermediate level, transactions and statement presentation for tangible and intangible capital assets and their depreciation. Other topics which will be examined include investments, contingencies, leases and pension costs. A corporate practice set will be completed. Students will have a greater chance of success in this course if they have completed ACC 1117.
  • ACC3501- 005 – Auditing
    In this course, students will focus on the role and professional responsibilities of public accountants, the planning and design of audit engagements, fundamentals of audit sampling, the study of internal controls, and audit testing. Students will asses an organization’s internal control system by preparing and maintaining relevant documentation on an organization’s internal control system and making appropriate recommendations. Students will obtain some exposure to Caseware Working Papers software. Students will be more successful if they have completed ACC 1117 prior to taking this course.
  • ACC1119- 004 – Intermediate Accounting III
    In this course, students will be introduced to the concepts and procedures required to account for shareholder’s equity, earnings per share and accounting changes. An intermediate level examination of complex financial instruments, income taxes and other measurement and disclosure issues will be examined. The students will be required to identify and apply the proper disclosure requirements for all required financial statements under ASPE (Accounting Standards for Private Enterprises) and under IFRS (International Financial Reporting Standards).
  • ACC3540- 004 – Taxation I
    In this course, students will acquire a basic working knowledge of the Canadian income tax system. The students will become familiar with theoretical concepts and technical rules in the Income Tax Act, specifically those applicable to individual taxpayers, and learn to apply them to the determination of net and taxable income and to the calculation of income taxes payable. Students will be more successful if they have taken ACC 1117 prior to taking this course.
  • ACC1121- 003 – Financial Accounting Case Analysis
    In this course, students will enhance their technical and analytical skills pertaining to financial accounting through the use of case analysis. In order to effectively analyze a case, students will be required to gain an understanding of the purpose and usefulness of case analysis, objectives of financial reporting, common financial accounting issues, and the approach to case analysis. The cases will cover a variety of financial accounting topics learned in previous courses at both an introductory and intermediate level. The students will be required to identify and apply the proper disclosure requirements for all cases under Accounting Standards for Private Enterprises (ASPE) and under International Financial Reporting Standards (IFRS).
  • ISP1100- 004 – Computer Competency
    In this course, students will focus on the skills required to use the computer as a practical tool. Students will develop skills in word processing, presentation graphics and spreadsheets, as well as email and Internet research. They will also learn the basic terminology and concepts associated with computers.

Please note: Cambrian College strives to ensure the accuracy of the information on this website. Please note that the academic curriculum is continually reviewed and revised to ensure that Cambrian’s programs and courses remain relevant. The College reserves the right to cancel or make changes to any course or program, fee, procedure, or campus location at any time.