Business Administration - Accounting

Courses

Business Administration - Accounting-2024/2025

Level 1
Take all of the following Mandatory Courses:

Group 1
ACCT-1100Principles of Accounting 13
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.
MKTG-1012Principles of Marketing 13
This course is designed to provide an overview of the decisions that face Marketers in today's fast-paced and competitive business environment. Students will learn that marketing is not only advertising but a broad set of activities designed to satisfy consumer needs and wants. Students examine the information Marketers require for effective decision-making and learn the basic elements of the marketing planning process.
MATH-1052Business Math3
This course provides a review of basic arithmetic and algebra as well as providing students with mathematical tools and concepts needed for other college courses and in future employment. This course is to prepare students for later courses in Marketing, Business, Financial Planning, Accounting, Purchasing and Insurance.
BUSI-1060Strategies for Success1
This course presents and helps to develop some of the skills required to achieve academic and career success. Areas of focus include college resources, study skills, time management, academic integrity, emotional self-awareness and social skills development. Additionally, emphasis is placed on career readiness and preparation.
BUSI-1005Introduction to Business Processes3
This course explores the various functional areas of business in Canada and demonstrates the interrelationship among these areas. Students are introduced to many concepts, including major business trends, the role of government in business, marketing, operations, employee-management issues, financial resources management, business ethics and social responsibility.


Group 2
TAKE WRIT-1032 OR COMM-1023
WRIT-1032Reason & Writing Business 13
This course will introduce business students to essential principles of reading, writing, and reasoning at the postsecondary level. Students will identify, summarize, analyze, and evaluate multiple short readings and write persuasive response essays to develop their vocabulary, comprehension, grammar, and critical thinking.
COMM-1023Business Communication3
The course is designed to establish a foundation for business communications through the development of writing, editing, reading, and basic computer skills. The student will plan, write, edit, and format material for production of work-related communications such as emails, memos, letters, reports and presentations. Correct writing is emphasized. Research skills are also taught.

Level 2
Take all of the following Mandatory Courses:
ACCT-1097Applied Computer App's for Accounting 13
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.
ACCT-1011Principles of Accounting 25
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
COMM-3020Professional Communication3
This course develops students' literacy and professional communication skills. Students focus on current business issues and convey relevant meaning in oral and written format. The main themes of the course include writing reports and other relevant business documents (e.g. letters, short reports); communicating in groups and meetings; awareness of intercultural communication and diverse audiences; the job search (including resumes and cover letters); business; business rhetoric in speaking and writing; summarizing and evaluating current business-related readings; delivering presentations; researching and documenting reports using APA format; and self-editing skills.
ECON-1002Economics 13
Economics I is an introductory microeconomics course which covers a broad curriculum of microeconomic principles. Students will study the foundations of economic choice, market pricing, consumer behaviour, business decision making, market structure and policy development in a small open economy like Canada.
MATH-1175Financial Math3
This course explains the time value of money calculations used in Mathematics of Finance. It covers topics such as simple interest, compound interest, annuities-simple and general, bonds and cost-benefit analysis.
ACCT-1098Applied Computer App's for Accounting 23
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.

Level 3
Take all of the following Mandatory Courses:

Group 1
ECON-1005Economics 23
This is an introductory macroeconomics course. Students will study measures of macroeconomic activity, growth in the economy and the government's role in stabilizing the economy.
MATH-1045Statistics3
This course is designed to provide students with an understanding of statistics. It includes regression analysis, probabilities and distributions, sampling, statistical estimation, and hypotheses testing.
FINA-3043Taxation 1 Personal Tax5
This course provides the student with a basic knowledge of the structure, purpose and administration of the federal personal income tax system.
ACCT-3036Accounting 1 Inter5
Intermediate Accounting I is a course that builds on the basic understanding of accounting principles. The main goal of this course is to teach students to determine what financial information should be reported and how it should be quantified and disclosed according to generally accepted accounting principles. This course focuses on financial statement presentation and the asset side of the balance sheet.


Group 2
Students will be enrolled in one of the following courses:
MGMT-3041 or INNV-1001
MGMT-3041Organizational Behaviour3
Organizational behaviour (OB) theories and concepts are applicable to various work settings-private, public, for-profit, and not-for-profit. This course investigates how individuals, groups, and structures influence and are, in turn, influenced by behaviours in organizations. Discussion will focus on topics that include: history of OB; evolution of organizational structure, design and culture; work place productivity, employee skills and technology demands; conflict resolution; interpersonal skills; legislation related to workplace discrimination and harassment; leadership; and management of change, power, and organizational politics.
INNV-1001Innovation Applications3
Organizations and individuals need to be innovative to succeed in the complex and rapidly-changing global marketplace. In this course you will learn the fundamentals of innovation and how innovation applies to your discipline or field.Using this foundational knowledge, you will apply the novel and adaptive thinking processes and tools presented in the course to complete an innovative learning project in collaboration with other students.The project will be based on a real-world scenario with a defined scope as chosen by your professor. The project may involve external live clients and a multi-disciplinary approach.Throughout the course, novel and adaptive thinking skills as well as collaboration skills will be evaluated through self assessment.This course is designed to give students in certificate and diploma programs a foundation in innovative thinking.

Level 4
Gen Ed - Take a 3 credit General Education elective course.
Take all of the following Mandatory Courses:
LAWS-3041Business Law3
This course is an introduction to Canadian Business Law with an emphasis on the law in Ontario and its practical application in business and accounting environments. A mobile computing course (laptop) integrates technology; the students will utilize electronic resources and acquire the ability to identify and respond appropriately to relevant legal situations. Course content includes the constitution and court system, torts, professional liability, contracts, property, security interests and business formations.
ACCT-3050Accounting 2 Inter5
This course builds on the basic understanding of accounting principles. The main goal of this course is to teach students how to determine the information that should be reported and how it should be quantified and disclosed according to generally accepted accounting principles.
ACCT-3022Cost Accounting 13
This introductory management accounting course teaches students to employ techniques such as job and process costing, general cost allocations, cost/volume/profit analysis, budgeting, and relevant costing. Students will need a laptop computer with Microsoft in particular Excel.
FINA-3044Taxation 2 Personal Tax3
This course provides the student with a basic knowledge to complete a T1 federal income tax return.
SYST-3002Business Information Systems3
This introductory course explores how information systems can be leveraged to transform business operations by examining system design, delivery and use. The goal of this course is to teach students to make informed decisions about the applications of information technology in a range of business sectors. In particular, students will analyze the strategic importance of hardware, software, networks, and databases to an organization's ecosystem. As well, students will explore current trends and examine solutions to common business problems through the use of database, enterprise, and decision support software. Finally, students will not only investigate the process for developing new systems within an organization, but also learn to anticipate potential problems and identify possible solutions to systems implementation.
MGMT-3011Project Management3
Project management is about meeting unique challenges. Project management involves understanding and managing the relationships between people and events, and the scarce resources of time and money. This course will provide practical theories for the successful development, implementation and evaluation of projects and events to meet the strategic and operational goals/objectives of a business. Students will be introduced to a variety of principles, practices, tools and resources to manage workplace projects personal projects and events.

Level 5
Gen Ed - Take a 3 credit General Education elective course.
Take all of the following Mandatory Courses:
ACCT-5010Cost & Managerial Accounting4
This course is a continuation of the ACCT-3022 course which was designed as an introduction to management accounting. This course continues to introduce students to key concepts and practices of management accounting such as: job and process costing; cost/volume/profit analysis; variable, absorption and activity-based costing; master and flexible budgets; standard costing and variance analysis; information for decision analysis. Students will need a laptop, Excel 2007 and basic Excel skills.
FINA-3042Corporate Finance 13
This is a foundation course in managerial finance with an emphasis on the major decision made by the financial executive of an organization.
FINA-5010Taxation 3-Corporate Tax5
This course provides the student with a basic knowledge of the structure, purpose and administration of the federal corporate income tax system. It will also further develop the student's knowledge of the federal personal income tax system.
METH-5020Quantitative Methods3
In this course, common mathematical techniques used in Mathematics science are applied with the aid of computer software.
ACCT-5018Financial Accounting-Adv3
This course will build on the concepts covered in Intermediate Accounting. Focus will be on advanced accounting topics including partnership equity accounting, consolidation issues, foreign currency transactions, and translation of foreign currency financial statements.

Level 6
Take all of the following Mandatory Courses:
ACCT-5019Cost & Managerial Accounting3
An advanced level Managerial Accounting course, building on introductory cost accounting concepts to develop the students managerial decision making skills.
ACCT-5001Auditing5
This course is an introduction to auditing principles and procedures applicable to external auditing. Topics include reporting; professional standards and ethics; legal liability; audit objectives, evidence and documentation; planning, materiality and risk, internal control, audit sampling and computer auditing. The course also addresses the details of audit work on specific accounts and assertions and concludes with the considerations of the completion of the audit.
FINA-5009Corporate Finance 23
Corporate finance 2 builds on the fundamentals of financial management taught in corporate finance 1 by examining the major decisions made by financial executives within an organization. Topics include: an analysis of the financial environment with a focus on risk and return, long-term financial policy, the cost of capital, dividend policy, and short-term financial management.
ACCT-5020Data Management & Analysis3
This introductory course explores the processes, methodologies and practices used to organize and transform data into information to support business decision-making, with a focus on the accounting function specifically. The course consists of a combination of conceptual and applied practice. Students will apply a data analytics model to solve business questions, by learning how to ask the right questions, extract, load and transform data, and present data using visualization tools. Students will work with relational database, spreadsheet, statistical programming, and visualization software programs. Technologies utilized focus on end-user analytics and data visualization.

Level 6 - Add'l Req
Students will be enrolled in one of the following groups:

Group 1
MGMT-5048Professional Competencies3
This course emphasizes the integration of knowledge from more than one subject area or topic in accounting. The student will be required to combine knowledge of topics from different subject areas or knowledge of different topics within the same subject area and respond to real-life case scenarios demonstrating their competency in the given area. For example, in order to solve one case a student may have to demonstrate an understanding of tax, management accounting and financial accounting. In addition, students will be exposed to problem-solving approaches and tools to facilitate effective communication, time management and delivery of the results of their analysis.
MGMT-5034Strategic Policy & Planning3
Strategic management is a field of inquiry that focuses on the organization as a whole and its interactions with its environment. Strategy and policy are the means by which the functional units are bound together to produce a synergistic effect that will influence outcomes for the organization. This course explores the four basic elements of strategic management: environmental scanning, strategy formulation, strategy implementation and evaluation, and control. This course will provide a bridge in the gap between theory and practice by applying concepts and techniques learned in earlier courses covering marketing, accounting, finance, management, production and information systems.


Group 2
INNV-5001Innovation Applications3
Organizations and individuals need to be innovative to succeed in the complex and rapidly-changing global market place. In this course you will learn the fundamentals of innovation and how innovation applies to your discipline or field.Using this foundational knowledge, you will select and apply the novel and adaptive thinking processes and tools presented in the course to complete an innovative learning project in collaboration with other students. The project will be based on a real-world scenario identified in consultation with your professor. The project may involve an external live client and a multi-disciplinary approach. Throughout the course, novel and adaptive thinking skills and collaboration skills will be evaluated [and developed for GC and degree] through self assessment and peer assessment. This course is designed to give students in advanced diploma programs the opportunity apply innovative thinking to a real-world problem that they select.
MGMT-5034Strategic Policy & Planning3
Strategic management is a field of inquiry that focuses on the organization as a whole and its interactions with its environment. Strategy and policy are the means by which the functional units are bound together to produce a synergistic effect that will influence outcomes for the organization. This course explores the four basic elements of strategic management: environmental scanning, strategy formulation, strategy implementation and evaluation, and control. This course will provide a bridge in the gap between theory and practice by applying concepts and techniques learned in earlier courses covering marketing, accounting, finance, management, production and information systems.


Group 3
MGMT-5039Community Consultancy 26
This course will employ students in the pursuit of helping real businesses in our local community solve problems or realize opportunities. Community Consultants is a business consultancy operated by Fanshawe's Lawrence Kinlin School of Business. The Community Consultants is a 6 credit hour program that incorporates a Service Learning model, similar to experiential learning but also includes: academic enhancement, personal growth and civic engagement. This model gives students the opportunity to challenge themselves, work on a high-performing team while gaining real-world employability skills and a portfolio. Our clients benefit from and rely on your cumulative efforts to research, analyze and synthesize large amounts of data and to make recommendations. You will work alongside 2 faculty advisors and will engage and present your work to the senior level executives from the selected corporations we will serve.The Community Consultants is not a self-selected course as there are limited spots available on this team. You are required to submit a resume and cover letter to the Program Coordinator. An interview will be arranged thereafter.

Gen Ed - Electives
Take 6 General Education Credits -
Normally taken in Levels 4 and 5

Program Residency
Students Must Complete a Minimum of 30 credits in this
program at Fanshawe College to meet the Program Residency
requirement and graduate from this program

Contact/Questions