Business Administration - Accounting

Program: BAAC
Credential: Ontario College Advanced Diploma, Co-op
Delivery: Full-time
Work Integrated Learning: 3 Co-op Work Terms
Length: 6 Semesters, plus 3 work terms
Duration: 3 Years
Effective: Fall 2019, Winter 2020
Location: Barrie

Description

In this program, students are introduced to the various functional aspects of business in general, and accounting in particular. Graduates are proficient in computer, communication, and mathematical skills and employ advanced management and financial management techniques to support accounting activities, including the maintenance of accounting records and the preparation and presentation of financial statements. In addition to the skills acquired in the two-year program, graduates are able to perform a number of more complex functions using analytical and evaluation skills to support management decision-making and collaborating in the design of an organization's internal control system.

Career Opportunities

Graduates work in a broad range of employment settings in all sectors of business and industry, including banks and other financial institutions, government offices, public accounting firms, small business, self-employment, tax preparation firms, financial planning firms, manufacturing firms, and non-profit organizations.

Program Learning Outcomes

The graduate has reliably demonstrated the ability to:

  1. record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations;
  2. prepare and present financial statements, reports, and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises;
  3. contribute to strategic decision-making by applying advanced management accounting concepts;
  4. prepare individuals’ and Canadian-controlled private corporations’ income tax returns and individuals’ basic tax planning in compliance with relevant legislation and regulations;
  5. analyze and evaluate organizational structures and the interdependence of functional areas, and contribute to the development of strategies which positively impact financial performance;
  6. analyze and evaluate, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances, and the environment on organization’s operations;
  7. analyze and evaluate an organization's internal control system taking risk management into account;
  8. contribute to strategic decision-making by applying advanced financial management concepts;
  9. coordinate the planning, implementation, management, and evaluation of team projects by applying project management principles;
  10. develop strategies to assist an entrepreneur in making sound business decisions applicable to accounting, finance, and taxation;
  11. employ environmentally sustainable practices within the profession.

Practical Experience

Co-operative Education is a mandatory component of all Co-op programs at Georgian College; it has been designed as a process by which students integrate their academic education with work experience related to their programs of study. This integration affects much more than simply earning a salary, including the adjustment to the work environment and the development of professionalism. It also reinforces skills and theory learned during academic semesters, develops professional contacts, job knowledge and career path, improves human relations and communication skills, and promotes personal maturity and financial independence.

Students are requested to register, attend and participate in their scheduled co-operative education classes. These classes are scheduled for all first year students and are expected to be completed in order for students to proceed successfully to their first co-op work experiences. To ensure students are eligible to proceed onto any co-op work experience, students should refer to Promotional Status and Eligibility for Co-op as outlined in the College Calendar. Co-op policies and procedures can be located on our website:
www.georgiancollege.ca/student-services/co-op-and-career-services/students-tab/

Georgian College follows the Co-operative Education guidelines set out by the Canadian Association for Co-operative Education (CAFCE) and Education at Work Ontario (EWO) by supporting the learning outcomes designed for the program specific graduate profile and curriculum as set out by the Ministry of Advanced Education and Skills Development.

External Recognition

Students can pursue the Ontario Chartered Professional Accountant designation (CPA) upon completion of a university degree recognized by CPA. CPA Ontario will recognize college level credits that have been transferred to a CPA recognized university degree program towards the Prerequisite Education Program (PREP) level of the CPA requirements. Additional information can be found at: http://www.cpaontario.ca/

Students can also meet all of the prerequisite education requirements toward the Advanced Certificate in Accounting and Finance (ACAF) credential offered by CPA as well as earn up to six transfer credits towards the ACAF credential. Additional information can be found at: http://www.gocpaontario.ca/programinfo/acaf?isTable=true

The Program Progression

Fall Intake

  • Sem 1: Fall 2019
  • Sem 2: Winter 2020
  • Work Term 1: Summer 2020
  • Sem 3: Fall 2020
  • Work Term 2: Winter 2021
  • Sem 4: Summer 2021
  • Work Term 3: Fall 2021
  • Sem 5: Winter 2022
  • Sem 6: Summer 2022

Winter Intake

  • Sem 1: Winter 2020
  • Sem 2: Summer 2020
  • Sem 3: Fall 2020
  • Work Term 1: Winter 2021
  • Sem 4: Summer 2021
  • Work Term 2: Fall 2021
  • Sem 5: Winter 2022
  • Sem 6: Summer 2022
  • Work Term 3: Fall 2022

Articulation

A number of articulation agreements have been negotiated with universities and other institutions across Canada, North America and internationally. These agreements are assessed, revised and updated on a regular basis. Please contact the program co-ordinator for specific details if you are interested in pursuing such an option. Additional information can be found on our website at http://www.georgiancollege.ca/admissions/credit-transfer/

Admission Requirements

OSSD or equivalent with

  • Grade 12 English (C or U)
  • any Grade 111 or 12 Mathematics (C, M, or U)

Mature students, non-secondary school applicants (19 years or older), and home school applicants may also be considered for admission. Eligibility may be met by applicants who have taken equivalent courses, upgrading, completed their GED, and equivalency testing. For complete details refer to: www.georgiancollege.ca/admissions/policies-procedures/

Applicants who have taken courses from a recognized and accredited post-secondary institution and/or have relevant life/learning experience may also be considered for admission; refer to the Credit Transfer Centre website for details:
www.georgiancollege.ca/admissions/credit-transfer/

Graduation Requirements

27 Program Courses
2 Communications Courses
2 Program Option Courses
5 General Education Courses
3 Co-op Work Terms

Graduation Eligibility

To graduate from this program, the passing weighted average for promotion through each semester, from year to year, and to graduate is 60%. Additionally, a student must attain a minimum of 50% or a letter grade of P (Pass) or S (Satisfactory) in each course in each semester unless otherwise stated on the course outline.

Program Tracking

Plan of Study Grid
Semester 1Hours
Program Courses  
ACCT 1000 Financial Accounting Principles 1 42
BUSI 1001 Introduction to Organizational Behaviour 42
COMP 1003 Microcomputer Applications 42
MATH 1002 Mathematics of Finance 42
MKTG 1000 Introduction to Marketing 42
Communications Course  
Select 1 course from the communications list during registration. 42
 Hours252
Semester 2
Program Courses  
ACCT 1001 Financial Accounting Principles 2 42
ACCT 1014 Applied Accounting Applications 42
ECON 1000 Microeconomics 42
STAT 2000 Statistics 1 42
Communications Course  
Select 1 course from the communications list during registration. 42
General Education Course  
Select 1 course from the general education list during registration. 42
 Hours252
Semester 3
Program Courses  
ACCT 2001 Intermediate Accounting 1 42
ACCT 2003 Cost Accounting 1 42
BUSI 1019 Payroll Administration 42
ECON 2000 Macroeconomics 42
FNCE 2002 Taxation 42
General Education Course  
Select 1 course from the general education list during registration. 42
 Hours252
Semester 4
Program Courses  
ACCT 2000 Cost Accounting 2 42
ACCT 2002 Intermediate Accounting 2 42
FNCE 2010 Financial Management 42
LAWS 2000 Business Law 42
Select 1 additional Program Course from the list below. 42
General Education Course  
Select 1 course from the general education list during registration. 42
 Hours252
Semester 5
Program Courses  
ACCT 3004 Accounting Information Systems 42
FNCE 2001 Managerial Finance 42
FNCE 3002 Corporate Tax 42
Select 1 additional Program Course from the list below. 42
General Education Course  
Select 1 course from the general education list during registration. 42
Program Option Course  
Select 1 course from the available list during registration. 42
 Hours252
Semester 6
Program Courses  
ACCT 3000 Advanced Financial Accounting 42
ACCT 3007 External Auditing 42
ACCT 3009 Advanced Management Accounting 42
MGMT 2012 Introduction to Project Management 42
General Education Course  
Select 1 course from the general education list during registration. 42
Program Option Course  
Select 1 course from the available list during registration. 42
 Hours252
 Total Hours1512
Plan of Study Grid
Co-op Work TermsHours
COOP 1008 Business Work Term 1 (Fall intake - occurs after Semester 2, Winter intake - occurs after Semester 3) 560
COOP 2025 Business Accounting Work Term 2 (Fall intake - occurs after Semester 3, Winter intake - occurs after Semester 4) 560
COOP 3000 Business Work Term 3 (Fall intake - occurs after Semester 4, Winter intake - occurs after Semester 6) 560
 Hours1680
 Total Hours1680
Program Courses
Mandatory program courses, select one course to be taken in Semester 4, the other in Semester 5
ACCT 3003Intermediate Accounting 3
HURM 1000Human Resources Management Foundations
Program Option Courses
Program options may include:
BUSI 1007Legislation and Payroll
BUSI 1008Payroll Practices 1
BUSI 1009Payroll Practices 2
BUSI 2011International Business
BUSI 2024International Experience
BUSI 3006Investments
COMP 2067Advanced Computer Applications
ECON 3000Economic Issues
ENTR 1000Social Entrepreneurship
ENTR 1001Student Teams for Entrepreneurship Projects
HURM 1004Compensation
HURM 2000Employment Law
MGMT 2000Production and Operations Management
MGMT 2001Principles of Management
MGMT 2003Human Resources Management
MGMT 2011Management Issues and Trends
MGMT 3001Managerial Decision Making
STAT 2007Data Analysis and Modelling

Information contained in College documents respecting programs is correct at the time of publication. Academic content of programs and courses is revised on an ongoing basis to ensure relevance to changing educational objectives and employment market needs. The college reserves the right to add or delete programs, options, courses, timetables or campus locations subject to sufficient enrolment, and the availability of courses.  

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