Business Administration - Accounting

Build on your accounting diploma with this advanced diploma program. Engage in case studies to challenge your critical thinking skills and make better business decisions. Dive deeper into auditing, financial management, controllership, cost and managerial accounting, strategic policy and planning. You’ll also have the opportunity to apply to further develop your consulting skills with the option of substituting two courses for the intensive community consultancy program, working with live clients to solve real problems.

Overview

Students who have completed the two-year accounting diploma program can continue for a third year to earn an Ontario College Advanced Diploma in business administration in accounting.

This program utilizes a case-based approach across the curriculum to expose students to real-life scenarios to develop critical thinking skills. Many employment opportunities are available in industry, public accounting and government where graduates will work in a variety of roles.
 

Image
accountants in a meeting


Students who complete this advanced accounting program will be eligible for exemptions from the Association of Chartered Certified Accountants (ACCA) papers F1, F4 and F6.ACCA Accredted Programme

Further, graduates wishing to pursue the Chartered Professional Accountant (CPA) designation may path into Fanshawe’s Honours Bachelor of Commerce (Accounting) Degree, a CPA accredited program.

Laptop requirements

Please note, this program requires a laptop. It is recommended that students use a PC laptop vs. a Mac laptop, as Windows is required to be able to load program-specific software. For more information on specific requirements, visit the Laptop Requirements page on the Fanshawe CONNECTED website.

Career Information

Graduates of Fanshawe’s Business Administration Accounting program will be qualified candidates for in-demand bookkeeping jobs, as well as a variety of entry and mid-level accounting roles within the  government and corporate sectors.

Did you know Fanshawe consistently ranks high in graduation employment rates among large colleges in Ontario?

Here are some examples of career opportunities for graduates of Fanshawe’s Business Administration Accounting program:

Accounting Clerk
Maintain and operate company accounting programs including accurately maintaining the accounts payable and receivable ledgers, cheque preparation, deposit preparation and recording, bank reconciliations and other accounting functions.

Financial Operations Assistant
Ensures effective and efficient control of accounting practices including research and problem solving of discrepancies; and perform administrative support for the accounting division of government or corporate placements.

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 an 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. co-ordinate the planning, implementation, management and evaluation of team projects by applying project management principles.

 

Program Availability

Canadian Students

Start Dates
Locations
Availability

Full Time Offerings

2022 September
London - Online
Open
2022 September
London
Open

International Students

Start Dates
Locations
Availability

Full Time Offerings

2022 September
London
Open

Program Details

Program Code
BAA2

Program Coordinator:

Joanne Lansink, MBA, CPA, CMA

Delivery
Day Time
Full-Time
Online
Credential
Ontario College Advanced Diploma
Duration
90 weeks

Admission Requirements

Business - Accounting Ontario College Diploma from Fanshawe College with a minimum overall average of 'C+' (2.5 cumulative GPA) and a 'B' in ACCT-3036, ACCT-3050, ACCT-3022, FINA-3043, FINA-3044 and MATH-1045
OR
An equivalent qualification from another institution as judged by the College with a minimum overall average of 'C+' (2.5 cumulative GPA) and a 'B' in courses that are equivalent to the courses listed above 
OR
A combination of relevant education and work experience in a related field as judged by the College to be equivalent to the above
English Language Requirements

English Language Requirements

Applicants whose first language is not English will be required to demonstrate proficiency in English by one of the following methods:

  • A Grade 12 College Stream or University Stream English credit from an Ontario Secondary School, or equivalent, depending on the program's Admission Requirements 
  • Test of English as a Foreign Language (TOEFL) test with a minimum score of 79 for the Internet-based test (iBT), with test results within the last two years
  • International English Language Testing System (IELTS) Academic test with an overall score of 6.0 with no score less than 5.5 in any of the four bands, with test results within the last two years. SDS Program Requirements. 
  • Canadian Academic English Language (CAEL) test with an overall score of 60 with no score less than 50 in any of the four bands, with test results within the last two years
  • Pearson Test of English Academic (PTE) with a minimum score of 53, with test results within the last two years
  • A Cambridge English Test (FCE/CAE/CPE) with an overall score on the Cambridge English Scale of 169 with no language skill less than 162, with test results within the last two years
  • An English Language Evaluation (ELE) at Fanshawe College with a minimum score of 70% in all sections of the test, with test results within the last two years
  • Fanshawe College ESL4/GAP5 students: Minimum grade of 80% in ESL4/GAP5 Level 8, 75% in ESL4/GAP5 Level 9, or 70% in ESL4/GAP5 Level 10
Advanced Standing

Advanced Standing

  • Applicants may apply for advanced standing on the basis of previous academic achievement at another institution and/or Prior Learning Assessment and Recognition (PLAR). Advanced standing qualifies the applicant for direct entry to a second or higher level of the program.
Applicant Selection Criteria

Applicant Selection Criteria

Where the number of eligible applicants exceeds the available spaces in the program, the Applicant Selection Criteria will be:
  1. Preference for Permanent Residents of Ontario
  2. Receipt of Application by May 1st (After this date, Fanshawe College will consider applicants on a first-come, first-served basis until the program is full)
  3. Achievement in the Admission Requirements
  4. Preference will be given to graduates of the Fanshawe College Business - Accounting program
Post-Admission Requirements

Post-Admission Requirements

See Post-Admission Requirements

Tuition Summary

London

Canadian Costs
$3,469.39
Total Cost of Program
International Costs
$15,215.87
Total Cost of Program

Online

Canadian Costs
$3,335.46
Total Cost of Program

*Total program costs are approximate, subject to change and do not include the health and dental plan fee, bus pass fee or program general expenses.

 

Courses

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.
View all courses

Contact/Questions