Registration in a program is done on a course-by-course basis each term. The expected availability of courses is displayed below but may change throughout the year. Click on the arrows below to confirm upcoming course offerings and to add a course to your online shopping cart. For assistance, please use the inquiry form on this page or call 519-452-4277.
Overview
Program Description
Businesses need the services of well-qualified Bookkeepers
that can also act in the capacity of: bookkeepers, accounts
receivable/payable supervisors, administrative assistants, payroll
administrators, office managers, budget co-coordinators and
assistant controllers. Successful students will gain the essential
foundations of bookkeeping in key competency areas.
Please note: For courses that are National
Payroll Institute approved, there are additional, mandatory fees.
Please visit www.payroll.ca.
For more info on National Payroll Institute designations
please visit here National Payroll Institute (NPI) |
Fanshawe College
Courses
Program Requirements
| Level 1 | ||||
| TAKE ALL OF THE FOLLOWING MANDATORY COURSES: | ||||
| Expected Availability | ||||
| Credits | Fall | Winter | Summer | |
| Principles of Accounting 1ACCT-1100 | 3 | Yes | Yes | Yes View More Details about ACCT-1100 |
| This course introduces the student to the Principles of Accounting, and includes an exploration of the underlying concepts that guide the preparation of accounts for individuals and organizations. It is designed to teach the student, regardless of program destination, an essential life skill - an understanding of Net Worth, and its importance to business success and the financial well being of the individual. | ||||
| Principles of Accounting 2ACCT-1011 | 5 | Yes | Yes | Yes View More Details about ACCT-1011 |
| This course is a continuation of the study of Financial Accounting at an introductory level. Students will cover additional material related to: - Asset, liability, and owners'/shareholders' equity, revenue and expense accounts - Accounting for partnerships and corporations - Analysis of financial statements, including balance sheet and income statement - Retained earnings and cash flow | ||||
| TaxationFINA-1037 | 3 | Yes | Yes | Yes View More Details about FINA-1037 |
| Designed to provide students with an understanding of the objectives, principles and administration of income taxation in Canada, this course covers employment, business, property, capital gains, other income, deductions,tax credits and the calculation of taxes payable for individual residents in Canada. Upon successful completion of the course, the student will be able to prepare personal income tax returns using commercial software. | ||||
| Payroll Fundamentals 1ACCT-1087 | 3 | No | Yes | No View More Details about ACCT-1087 |
| Students who complete this course will be able to apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations. Students will have the content and skills to effectively communicate all aspects of the individual pay calculation process to external and internal stakeholders. Please note: : Students must first register with the Fanshawe College and pay the school's registration fee. Students must also register with National Payroll Institute and pay the Institute's course fee and the membership fee to receive access to the online materials and the learning platform. Students should register with the Institute no later than five business days before the start date of the course. For more information visit www.payroll.ca, or email the Professional Accreditation Department at accreditation@payroll.ca | ||||
| Applied Computer App's for Accounting 1ACCT-1097 | 3 | Yes | Yes | Yes View More Details about ACCT-1097 |
| ACCT-1097 provides students with computer and accounting software skills with specific focus on Microsoft Excel. Throughout the course, emphasis is put on software utilization within accounting situations and use of accounting specific functions. | ||||
| Applied Computer App's for Accounting 2ACCT-1098 | 3 | Yes | Yes | Yes View More Details about ACCT-1098 |
| ACCT-1098 teaches a practical approach to capturing, processing and communicating accounting data using accounting software. QuickBooks and Sage 50 software is used to record and analyze transactions. Accounting cycle topics include: daily and month-end entries, accounts receivable and accounts payable accounting processes, banking and reporting. The content of lessons, assignments, and tests are based on the practice(s) of accounting in Canadian Business. | ||||
| Payroll Compliance LegislationACCT-1088 | 3 | Yes | No | No View More Details about ACCT-1088 |
| Students who complete this course will know the payroll compliance responsibilities that affect organizations, be able to comprehend payroll legislation, and be able to effectively communicate these to all stakeholders. This course will provide students with the payroll-related legislation affecting organizations, as well as the tools to find information and apply that information to different scenarios in relation to individual pay. Please Note: Students must first register with the Fanshawe College and pay the school's registration fee. Students must also register with National Payroll Institute and pay the Institute's course fee and the membership fee to receive access to the online materials and the learning platform. Students should register with the Institute no later than five business days before the start date of the course. For more information visit www.payroll.ca, or email the Professional Accreditation Department at accreditation@payroll.ca | ||||
| Program Residency | ||||
| Students Must Complete a Minimum of 6 credits in this program at Fanshawe College to meet the Program Residency requirement and graduate from this program | ||||
More Information
More Info
Learning Outcomes
- Analyze principles of accounting and bookkeeping to ensure fiscal responsibility.
- Analyze and record business transactions.
- Prepare Financial Statements required under Ontario and Canadian legislation
- Develop a product cost analysis using job costing, process costing, or activity-based costing methods.
- Use industry-accepted software to generate reports, such as tax returns and T1 schedules (ACCPAC, Simply Accounting, Excel).
- Develop skills in applying tax principles and concepts to personal and business taxation.
- Develop basic skills in payroll administration.
