Honours Bachelor of Commerce (Accounting)

Fanshawe’s bachelor’s degree in accounting will provide you with many valuable and transferable skills including financial accounting, cost accounting, management accounting, business finance, auditing and taxation in addition to a variety of general business management concepts including business strategy, marketing and human resources. You’ll be dynamic, with the power to continue a journey of life-long learning.

Earn your accounting degree with a paid co-op work term - 2022/2023

A requirement for graduation is the completion of a paid co-operative education work term. This process combines your studies with paid, related work experience. Fanshawe will be there to help you find the right business fit for your dream. You’ll have access to consultants who will deliver classes, counsel and advise you as you move from the classroom to the real business world. satisfy the This bachelor’s degree in accounting will satisfy the requirements for all accounting professional bodies and will be closely aligned with the requirements for the Chartered Professional Accountant (CPA).

Upon graduating from this accounting degree, you may be eligible to complete a Master’s degree program at many other post-secondary institutions or complement your degree with a graduate certificate offered by Fanshawe.

Available in a traditional in-class format with September admission. A part-time, online degree completion option is also available for students who have completed an advanced diploma in accounting. A part-time version of this program is available. 

 

Co-op Opportunities & Career Information ​​​​​​

Co-op Opportunities

The Honours Bachelor of Commerce (Accounting) program offers a cooperative education component, which provides students with the opportunity to gain invaluable first-hand work experience in their chosen field. Here are some of the co-op jobs that have kick-started the careers of some Honours Bachelor of Commerce (Accounting) students before even graduating! 

Staff Accountant - review and audit financial statements, develop cash flows and prepare personal and corporate tax returns.

Treasury Assistant - work on a variety of accounting-related functions and assist with special projects.

Accounting Assistant - participate and assist in month-end processes such as account reconciliations, journal entries, account verification, and report preparation.

For more information regarding co-op, please check out our co-op site or contact the Co-op Office at coop@fanshawec.ca to connect with a consultant.

Career Information

Graduates of Fanshawe’s Honours Bachelor of Commerce (Accounting) program will be well prepared to continue to the next levels of the CPA program.  If successful, students will then be able to write certification examinations for the CPA designation.  Graduates of the program pursue rewarding careers such as:

  • accountant
  • auditor (internal and external)
  • analyst
  • controller
  • financial analyst
  • taxation specialist
  • treasurer

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

Here are some examples of career opportunities for graduates of Fanshawe’s Honours Bachelor of Commerce (Accounting) program:

Cost Accountant

Provide general counsel, advice, and guidance on business and financial matters.

Financial Analyst

Handle expense reporting, budgeting and planning, financial reporting and treasury functions.

Budget Analyst

Responsible for the analysis, processing and reconciliation of corporate budget information and adjustments related to both capital and operating budgets.

 

Learning Outcomes

The graduate has reliably demonstrated the ability to:

1. Use the interdependence of various functional areas of business (i.e. financial, marketing, operations, human resources) to achieve organizational success in domestic and international environments.

2. Develop strategies that will achieve organizational goals through integration of business methodologies that assess costs, benefits, risks, and opportunities, and that utilize current and emerging technology and trends.

3. Enhance business opportunities by incorporating external variables into various business decision models.

4. Assess the unique business needs of organizations of various sizes, public sector, private sector, and not‐for‐profit firms.

5. Evaluate professional, ethical, and legal codes of conduct.

6. Research, analyze, and critically evaluate qualitative and quantitative data from a variety of sources to support effective business decisions and encourage innovation through problem‐solving, critical thinking, logic and reasoning.

7. Communicate information, arguments, and analysis accurately and reliably for the message, audience, and purpose.

8. Perform effectively and efficiently within groups or teams, demonstrating leadership, team‐building, and influencing skills.

9. Design personal learning plans and integrate learning strategies into current and future development goals.

10. Assess resource allocation decisions that influence sustainability practices and drive economic, social, cultural, and environmental stewardship.

11. Analyze domestic and international business opportunities within an international context.

12. Plan, implement, and evaluate projects and programs, using project planning principles and tools.

13. Apply management‐level decision‐making and strategic planning skills.

14. Develop a business plan based on sound research that integrates business principles and best practices.

15. Prepare, analyze and interpret financial statements and reports for both private and public corporations.

16. Prepare, analyze and interpret individual and corporate tax returns.

17. Apply and demonstrate computer skills and knowledge of information systems to support the accounting, auditing and taxation functions including maintaining accounting records, preparing financial statements, preparing reports and tax returns.

18. Advise on basic personal and corporate tax issues using the principles of Canadian tax law.

19. Design and evaluate an organization’s internal control and accounting information system, taking risk management (including risk of fraud and illegal acts) into account.

20. Plan and perform an audit of financial statements in accordance with generally accepted auditing standards.

 

Program Availability

Canadian Students

Start Dates
Locations
Availability

Full Time Offerings

2022 September
London
Open

Part Time Offerings

2022 May
London - Online
Open
2022 September
London - Online
Open
2023 January
London - Online
Open
2023 May
London - Online
Open

International Students

Start Dates
Locations
Availability

Full Time Offerings

2022 September
London
Open

Program Details

Program Code
BCA1

Program Coordinator:

Prof. Darren Johnson, M.Sc., MBA

Delivery
Co-op
Day Time
Full-Time
Part-Time
Online
Credential
Degree
Duration
120 weeks

Admission Requirements

OSSD with courses from the University (U) or University/College (M) stream WITH:
- Grade 12 English (U) 
   (Note: minimum final grade required is 65)
-Mathematics ONE OF:
    - Grade 12 Advanced Functions (U)
    - Grade 12 Calculus and Vectors (U)
    - Grade 12 Mathematics of Data Management (U)
   (Note: minimum final grade required is 65)
- Plus four additional Grade 12 University (U) or University/College (M) courses
- Final minimum average of 65.0% based on the highest six Grade 12 University (U) or University/College (M) courses
OR
Mature Applicant with standing in the required courses and grades stated above
OR
Post-Secondary Standing* (if applicable)
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 88 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 6.5 with no score less than 6.0 in any of the four bands, with test results within the last two years
  • Canadian Academic English Language (CAEL) test with an overall score of 70, with test results within the last two years
  • Pearson Test of English Academic (PTE) with a minimum score of 59, 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 176 with no language skill less than 169, with test results within the last two years
  • An English Language Evaluation (ELE) at Fanshawe College with a minimum score of 75% 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 9 or 75% in ESL4/GAP5 Level 10
Recommended Academic Preparation

Recommended Academic Preparation

  • In addition to required mathematics courses in secondary school, students are encouraged to take additional mathematics and accounting courses.
Recommended Personal Preparation

Recommended Personal Preparation

  • Students are encouraged to strengthen their critical thinking, problem solving and time management skills prior to entering the program
Advanced Standing

Advanced Standing

  • Applicants with a Fanshawe College Diploma in Business - Accounting with a minimum GPA of 3.5 can apply to Level 4 of the Honours Bachelor of Commerce (Accounting) Degree.
  • Applicants with a Fanshawe College Advanced Diploma in Business Administration - Accounting with a minimum GPA of 3.0 can apply to Level 6 of the Honours Bachelor of Commerce (Accounting) Degree.
  • Applicants applying for individual course credits from Canadian universities must provide a detailed course content of theory and laboratory exercises (if appropriate).
  • International applicants may apply for course credit achieved at the post-secondary level. Detailed course content of theory and laboratory exercises from the international institution must be included with a transcript as part of the request (official documents provided to the Office of the Registrar in a sealed envelope). If translation of the documents into English is necessary this must be performed by a recognized service.
  • Based on the guidelines established by the Postsecondary Quality Assessment Board for Honours Degree Programs, credits for advanced standing cannot exceed 50% of the program's total.
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 February 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. Achievement in Post-Secondary Studies* (if applicable)
Note:
  • *Applicants currently enrolled in a university or who have previously attended university or other post-secondary institutions and are applying to transfer into the Honours Bachelor of Commerce (Accounting) program are considered on the basis of their post-secondary standing. Specifically, applicants currently enrolled in a university or who have previously attended university must maintain a minimum average of 65.0% on the last ten full credit or full credit equivalent courses in order to be considered for admission. Applicants with less than ten full credit courses must maintain a minimum average of 65.0% on all courses in order to be considered for admission. Applicants applying from a community college must have successfully completed a diploma program with an overall GPA of 2.5 in their program. In addition, all students applying from university or college must have completed the pre-requisite courses in Mathematics and English as stated in the Admission Requirements.
Ministry Consent

President: P. Devlin, CMM, MSC, CD, HBA, MSS
Senior Vice-President Academic Services: G. Lima, MA
Vice-President Student Services: M. Beaudoin, BA, MLS
Dean, Faculty of Business: M. Pierce, B.A., M.A (Ed)
Associate Dean, Lawrence Kinlin School of Business: L. Schwerzmann, B.A., B.Ed., M.A.
Faculty: S. Ngan, BBA, MSc, LLB, PhD K. Said, BA, MBA, PhD
A. Fahmy, BSc, MSc, PhD A. Agbodovie BA, AACSB
D. Johnson, BSc, MSc, MBA
S. Deakin, MAcc, CPA
H. Otten, MAcc, CPA

Within the program, breadth courses are taught by a variety of faculty with graduate credentials in Social Sciences, Humanities and Sciences.

Fanshawe College has been granted a consent by the Minister of Advanced Education and Skills Development to offer this degree program for a seven-year term starting November 2014. The College shall ensure that all students admitted to the above-named program during the period of consent will have the opportunity to complete the program within a reasonable time frame.

Tuition Summary

London

Canadian Costs
$30,474.99
Total Cost of Program
International Costs
$67,059.87
Total Cost of Program

Online (Levels 4 and 6 only)

Canadian Costs
$7,518.30
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

Core Courses
Take all of the following Mandatory (Core) Courses:
The Minimum Cumulative GPA for Core Courses is 2.5
<
(Students who complete BAC Level 4 and enter Level 5 of
the BCA program must also complete COMM-7021, LIBS-7001,
MGMT-7008, METH-7023, MGMT-7006, MGMT-7007 and a General
Education Elective course from previous levels of the
program)
<
(Students who complete BAA Level 6 and enter Level 7 of
the BCA program must also complete COMM-7021, LIBS-7001,
MGMT-7008, FINA-7003, ACCT-7009, MGMT-7007 and 2 General
Education Elective courses from previous levels of the
program)
<

Group 1
LEVEL 1
MATH-7007Mathematics for Decision Making4
In this course, students will study the fundamental mathematical concepts required to understand and analyze a variety of business-related applications. These applications include: mathematics of merchandising, cost-volume-profit analysis, simple and compound interest, annuities, debt retirement through amortization or sinking funds, bonds, net present value, and internal rate of return.
ACCT-7002Accounting 1-Intro4
This introductory course in financial accounting gives students an overview of accounting concepts, the accounting cycle and the preparation of financial statements for various forms (proprietorship, partnership and corporation) and types (service and merchandising) of business. Other topics include: recording merchandising transactions using a perpetual vs. periodic inventory system, owner investments/withdrawals including shareholder equity transactions, cash flow and financial statement analysis.
COMP-7012Computer Applications for Business3
This is an introductory course where students will learn to use the major elements of the Microsoft Office application suite, specifically Word, Excel, and PowerPoint. The training is provided in a hands-on lab and entails the completion of weekly assignments pertaining to each of the application areas. Emphasis will be placed on developing analytical skills in Excel at intermedia level. This course will prepare students to take an active role as knowledge workers.
MGMT-7006Management Fundamentals3
MGMT 7006 is a foundation course in the principles and practices of managing people and organizations. Structured around four functions of management-namely, leading, planning, organizing and controlling, the course looks at the challenges managers face in modern organizations. Topics include analysis of environmental constraints and the development of internal resources in relation to leading and planning and the role of structure, process and controls in organizing and controlling.
COMM-7018Professional Comm. in a Diverse World3
This course teaches students the fundamentals of intercultural and diverse communication; topics examined include identity, ethics, and multiculturalism issues, and are studied in the form of case studies and thematic readings. Students learn how to craft effective communications (written, nonverbal and verbal) that are sensitive to issues involving geographic, cultural, gender and ability diversity. These issues are examined through the lens of professional communications. Assessments in this course encompass both written assignments and presentations (individual and group).
View all courses

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