Business Administration - Accounting Major

This course provides an introduction to financial accounting from the perspective of the user who makes decisions based on financial information. The course includes an introduction to the accounting framework, generally accepted accounting principles and financial statements. Accounting concepts such as accounting for cash, accounts receivable, assets, liabilities, sales and inventories, are covered in the context of how they are applied to decision making. Decision analysis regarding corporate ownership and application of financial ratios will also be studied.

Equivalents:

• ACCT 1010

The use of industry-standard software is essential to effectively manage the information technologies that are required in business and online environments today. In this course, you will demonstrate skills in managing and customizing the Windows environment, as well as effectively using internet resources to enhance business productivity. You will develop skills in creating professional documents, managing data using spreadsheets and using technology for effective presentations. Through hands-on applications, you will learn to use productivity tools and application software in various business situations, and be able to select the right tool for the business need.

Equivalents:

• BCMP 1225

Business Law outlines the Canadian legal system in the context of a business environment and empowers students to apply the law and make informed decisions concerning their legal affairs. Emphasis is placed on the construction of the judicial system, the resolution of disputes, tort law, contract law, business structures, and employment law. These legal principles are applied to personal and business scenarios. Upon completion, students will have an understanding of when to seek legal advice.

Equivalents:

• BLAW 2030

Business Mathematics introduces you to mathematical techniques used to solve finance problems involving simple and compound interest, debt repayment, valuation of investments, simple and general annuities, amortization of debts, sinking funds and bond valuations.

Equivalents:

• BMAT 1040
• BMAT 205

Communication and Presentation Skills provides you with the foundational knowledge and skills needed to compose business documents and give engaging, formal presentations. You will learn how to effectively communicate in a professional environment and consider different aspects of spoken, written and nonverbal communication (e.g., channel, content, organization, style, tone, format and mechanics) in order to share clear and concise messages with your audience. You will be required to work in both individual and collaborative settings.

Equivalents:

• COMM 1030
• COMM 1070

In this introductory course in Microeconomics, you will learn about economic principles involved in analyzing problems in the business and consumer sectors of the Canadian economy. Some of the topics covered are: economic scarcity, demand, supply, elasticity, and perfect and imperfect competition.

Equivalents:

• ECON 1010

Macroeconomics introduces you to the operation of the Canadian economy. You will apply economic principles to analyze a national economy. Topics include measuring and analyzing demand and supply, economic performance, and unemployment and inflation; As well, government fiscal, trade, and monetary policies are explored.

Equivalents:

• ECON 1110

Marketing Essentials is an introductory course offering you a solid foundation in marketing principles. Working individually and in teams, you will research and discover how marketing decisions are made and identify the components of sustainable marketing programs. Your research, content application and teamwork skills will be developed and reinforced as you progress through the course.

Equivalents:

• MKTG 1060

The Introduction to Business course will provide you with tools to understand multiple business functions including management, human resources, marketing, operations, and personal finance. You will also explore the Canadian Business and economic system, as well as the importance of business ethics and social responsibility in an increasingly global environment.  Working through a team project and business simulation, you will begin to develop a 21st-century skillset, including communication, critical thinking, collaboration, and effective teamwork. By the end of this course, you should have the foundations for understanding business and business ownership in Canada.

Equivalents:

• MNGT 1200

This introductory course provides an overview of human behaviour in organizations at the individual, group, and organizational level and the effect of each on organizational effectiveness. Topics include: individual differences, motivation, communication, teams, power and politics, conflict and negotiation, leadership, organizational culture, and change management.

Equivalents:

• MNGT 2250

Quantitative Methods will build analysis skills through the study of basic concepts in statistics, including: sampling; measurement of central tendency and variability; probability and probability distributions; random variables; estimation; hypothesis testing; small sample theory; and regression analysis.

Equivalents:

• STAT 2040

In this first of two intermediate accounting courses, you will develop technical competencies as you examine the statement of comprehensive income (income statement), statement of changes in equity (statement of retained earnings), statement of financial position (balance sheet) and statement of cash flows (cash flow statement) in depth, with emphasis on the measurement, valuation and presentation of current and non-current assets.

Pre-requisites:

• One of:
  • ACCT 255
  • ACCT 240

Equivalents:

• ACCT 3210

Introductory Management Accounting introduces you to key concepts and practices of management accounting. You will learn to process and analyze information for management control and decision analysis. Some of the topics you will study include cost accounting, cost-volume-profit analysis, budgeting, inventory costing and job costing.

Pre-requisites:

• One of:
  • ACCT 255
  • ACCT 240

Equivalents:

• ACCT 2020

The focus of this second intermediate financial accounting course shifts from assets to liabilities and equities. Specialized topics, including accounting for complex debt and equity instruments, leases, income taxes, pension and other post-employment benefits, and accounting changes, enable you to consolidate the knowledge and skills you developed in previous accounting courses. Your numeracy skills will develop to encompass present value calculation activities; and your qualitative and quantitative skills will be enhanced as you analyze complex financial situations and prepare more complex financial statements.

Pre-requisites:

• One of:
  • ACCT 315
  • ACCT 305

Equivalents:

• ACCT 3310

A review of management accounting: cost behaviors and cost allocation methods; product pricing methods and strategies, process costing with joint, by-product and spoilage; linear programming; regression analysis; and short-term decision analysis under certainty and uncertainty.

Pre-requisites:

• One of:
  • ACCT 338
  • ACCT 345
• One of:
  • STAT 270
  • STAT 220
  • STAT 360

Equivalents:

• ACCT 3120

This course is a foundation course with an emphasis on the contemporary finance decisions made by an organization. These include: Financial Statement Analysis, Working Capital Management Decisions, Refunding and Leasing Decisions, Calculation and use of Cost of Capital, Capital Budgeting Decisions, and Risk and Capital Budgeting with Risk.

Pre-requisites:

• One of:
  • BMAT 230
  • BMAT 205
  • ACCT 222
• One of:
  • ACCT 315
  • ACCT 305

Equivalents:

• FNCE 3060

Management Information Systems and their role in managing operations is the focus of this introductory systems course. Topics you will cover include systems theory, computer hardware and software, computer networks, file and database structures, computer security and internal control, and the systems design and development process.

Pre-requisites:

• COMN 220
• MNGT 200

Equivalents:

• MNGT 2322

Building on the foundation established in Introductory Financial Accounting I, this course introduces accounting concepts related to partnerships and corporations. Topics including adjusting journal entries, bank reconciliations, receivables, capital assets, short and long-term liabilities, share capital, and dividends are explored. You will gain practical, hands-on experience in recording accounting transactions and preparing financial statements for partnerships and corporations.

Pre-requisites:

• One of:
  • ACCT 210
  • ACCT 215

Equivalents:

• ACCT 2110

Personal Financial Planning is an introductory course offering the student a solid foundation in financial principles. The goal of understanding personal financial planning is to achieve personal economic satisfaction. Significant areas that will be covered will be setting financial goals, budgeting, income taxes, insurance, investment products, and retirement/estate planning.

Equivalents:

• BFIN 1255

Human Resource (HR) Management includes the foundational knowledge and skills required by HR Professionals and business managers. This course includes an overview of the field of human resource management, along with human resource planning, employee compensation and benefits, recruitment, selection and training of employees, performance management, government regulation and health and safety in the workplace.

Equivalents:

• HRMT 2320

In this course, you will develop a practical approach to using digital, social and mobile platforms that achieve business goals. Current applications and tools, community management practices and legal/privacy issues related to digital marketing tactics will be examined. Teams will develop a digital plan that specifies the use of email, websites, SEO, social media and mobile marketing, all with the goal of targeting and delivering effective communication to digital media-savvy audiences. An emphasis is placed on the return on digital marketing investment and on building relationships that lead to a culture of trust.

Equivalents:

• MKTG 1265

This introductory course examines the multi-faceted role of managers and leaders within the organization. Issues such as planning and controls, managing the team and group dynamics, and creating and leading change will be examined within the cultural context of the organization. Decision making and communication skills from a management perspective will be developed in light of sustainability, ethical, and diversity issues combined with a constantly changing competitive environment.

Equivalents:

• MNGT 1255

Supply chain management (SCM) is the movement of material and information through integrated processes in a supply chain to provide the highest degree of customer satisfaction at the lowest possible cost to achieve a sustainable competitive advantage. Elements of a supply chain include Transportation and Logistics, Procurement and Contract Management, Operations Management, Materials Management and Quality and Safety. You will analyze different components of the integrated process including: location choice, distribution system design, selection of suppliers and distributors, contracting issues, partnership formation, inventory policies, production plans and electronic data interchange. You will be introduced to the planning and management of the production and distribution of goods and services and you will start developing the skills needed to support the integrated SCM process.

Equivalents:

• SCMT 1255
• MNGT 2370

This capstone course allows you to demonstrate the integrative knowledge and skills you gained in earlier classes. You will deliver a pitch for a new or innovative idea that applies concepts learned in the program.

Pre-requisites:

• ACCT 215
• BCMP 225
• BMAT 230
• COMN 220
• ECON 250
• ECON 305
• MKTG 260
• MNGT 250
• One of:
  • MNGT 200
  • BLAW 300

This course integrates the learning outcomes from pre-requisite courses to enable students to make sustainable and competitive strategic business decisions within a rapidly changing global environment. Critical thinking skills are utilized as students analyze and apply management strategies to business cases and make recommendations to maximize corporate results.

Pre-requisites:

• One of:
  • ACCT 215
  • ACCT 210
  • ACCT 330
• One of:
  • BCMP 225
  • BCPT 238
• One of:
  • BMAT 230
  • BMAT 205
• One of:
  • COMN 220
  • COMM 290
• One of:
  • ECON 250
  • ECON 240
• One of:
  • ECON 305
  • ECON 260
• One of:
  • MKTG 260
  • MKTG 205
• One of:
  • MNGT 200
  • BLAW 300
  • BLAW 200
• One of:
  • MNGT 250
  • MGMT 254

This course covers sources and structures of income tax legislation, the meaning of income from employment, net income for individuals, income from business and property, capital cost allowance, capital gains/losses, remuneration salaries vs. dividends, impact of taxation on business decisions and tax planning.

Pre-requisites:

• One of:
  • BLAW 300
  • BLAW 200
• One of:
  • ACCT 255
  • ACCT 240
  • BFIN 230
  • BFIN 255
  • BFIN 301

This course provides you with an opportunity to apply accounting knowledge to a computerized accounting environment. In this course, you will use accounting software, but the knowledge you will gain can be applied to all computerized accounting solutions for the preparation of financial statements.

Pre-requisites:

• ACCT 215
• ACCT 255
• One of:
  • ACCT 338
  • ACCT 345

The purpose of this course is to introduce you to fundamental skills in critical thinking. You will develop skills in identifying fallacies, evaluating formal arguments, and diagnosing the appropriate form of argumentation in a variety of areas, including science and morality. Your skills in argumentation will be honed both in evaluating others' arguments and in making your own.

Equivalents:

• PHIL 1011