|Duration:||4 Semesters (2 Years)|
|Start Dates:||Summer, Fall, Winter, |
Newnham: Fall, Winter, Summer Markham: Fall Start dates are subject to change.
|Credential Awarded:||Ontario College Diploma|
The Accounting (ACC) program provides you with a sound knowledge of accounting practice and related technology applications, and prepares you with skills to work immediately after graduation.
You’ll benefit from courses delivered using hands–on computer applications, including extensive use of Microsoft Excel spreadsheets and Access relational database management software. You’ll also be encouraged to combine your program of study with meaningful summer work experience.
ACC will introduce you to the modern technological environment of business decisions using a mid–level accounting software of an ERP system (e.g. MS Business Dynamics) and an entry–level accounting software (e.g. Simply Accounting).
For post-secondary students considering the pursuit of a professional accounting designation, this program currently provides the opportunity to obtain transfer credit toward the CGA designation through CGA Ontario: http://www.cga-ontario.org/College_Transfer_Credits.aspx
Information provided on our website is that which is in effect at the time of writing. Students should be aware that the recognized professional accounting bodies in Ontario are undergoing unification negotiations which may continue to result in a number of significant changes to the qualification processes and requirements for these professional designations. Students interested in pursuing a professional accounting designation are advised to check with the relevant accounting body website and to continue to check these websites on a regular basis for updates.
Program Learning Outcomes:
This Seneca College program meets the system-wide standards as set by the Ministry of Training, Colleges and Universities.
As a graduate, you will be prepared to reliably demonstrate the ability to:
- Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations.
- Prepare and present financial statements, reports and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises.
- Contribute to recurring decision-making by applying fundamental management accounting concepts.
- Prepare individuals’ income tax returns and basic tax planning in compliance with relevant legislation and regulations.
- Analyze organizational structures, the interdependence of functional areas, and the impact those relationships can have on financial performance.
- Analyze, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances and the environment on an organization’s operations.
- Outline the elements of an organization’s internal control system and risk management.
- Contribute to recurring decision-making by applying fundamental financial management concepts.
Essential Employability Skills:
Graduates of this program are also expected to demonstrate the essential employability skills learning outcomes as outlined on the Ministry of Training, College and Universities website.
- Ontario Secondary School Diploma (OSSD) or equivalent with:
- Grade 12 English: ENG4(C) or ENG4(U)
- Grade 12 Mathematics: (C) or (U) or Grade 11 Mathematics: (U) or (M)
- OR Mature Student Status (age 19 or older) with the above prerequisite course(s), their equivalent(s), or appropriate Academic and Career Entrance (ACE) Certificate program credits (see Academic Upgrading).
The Importance of Learning Skills:
Student success in college requires well developed learning skills (such as being able to work independently, participate in a team, be well–organized, develop good work habits, and show initiative). These skills are as important as prior academic achievement. While it is expected that applicants would have developed these skills through previous education and life experiences, Seneca offers support to assist students with further development of these important skills. Seminars, workshops and tutoring are available at Seneca's Learning Centres.
Start your career as a Small Business Accountant, Accounts Payable/Receivable Analyst, General Accounting Co–ordinator, Accounting Technician, Payroll Administrator, Tax Return Specialist or Junior Corporate Accountant. Our two–year Accounting diploma program will prepare you for a range of challenging entry–level accounting positions in virtually every segment of the Canadian and global economy.
Pathways to Certification and a Degree
Upon graduation, you may qualify for transfer to the second year of the Seneca International Accounting and Finance (IAF) degree.
You may also qualify to enrol in the Seneca Professional Accounting Practice (PRA) graduate certificate program, where you may acquire Level 1 to 3 of the CGA in one year.
Please see details of these pathways in the diagram titled “Pathways to Certification and a Seneca Degree” or contact the applicable Program Co–ordinator or our School Student Advisor.
Please visit our website for more information and admission requirements for these highly affiliated programs:
Transfer Options With Seneca
The School of Accounting and Financial Services offers seamless transfer to a multitude of degree, diploma and certificate programs, given a common first year in most diploma and certificate programs within the Faculty of Business.
Diploma to Degree... and Beyond
Through transfer agreements and institution partnerships, graduates of this Seneca College program may be eligible for credit at the following post-secondary institution(s):
|Seneca College||• Bachelor of Commerce, International Accounting and Finance|
• Bachelor of Commerce, Financial Services Management
• Bachelor of Commerce, Human Resources Strategy and Technology
• Bachelor of Commerce, Business Management
• Bachelor of Commerce, International Business Management
|Tyndale University College||• Bachelor of Arts, Business Administration, Business Administration - International Development or Business Administration - Co-op|
|York University||• Bachelor of Administrative Studies (BAS)|
|Algoma University||• Bachelor of Business Administration|
• Bachelor of Arts in a related field
• Bachelor of Business Administration (Brampton)
|Nipissing University||• Bachelor of Business Administration|
• Bachelor of Commerce
|University of Ottawa||• Bachelor of Commerce|
|Wilfrid Laurier University - Brantford Campus||• Honours Bachelor of Arts|
• Honours Bachelor of Business Technology Management
|University of Windsor||• Bachelor of Commerce - Honours Business Administration|
|Athabasca University||• Bachelor of Management or Bachelor of Commerce|
• Bachelor of Human Resources and Labour Relations
|University Canada West||• Bachelor of Commerce|
|Okanagan College||• Bachelor of Business Administration|
|Royal Roads University||• Bachelor of Commerce in Entrepreneurial Management|
|University at Buffalo||• Bachelor of Science in Business Administration|
|Davenport University||• BBA - Accounting Fraud Investigation, Accounting Information Management, Finance or BBA/MBA - Professional Accountancy |
|AUT University||• Bachelor of Business - any major dependent on courses taken at Seneca|
|Griffith University||• Bachelor of Commerce|
|Queensland University of Technology||• Bachelor of Business (all majors except Accountancy)|
CGA Ontario Learning Centre
Grow your accounting and finance skill set in a space dedicated to supporting and engaging Seneca students, whether at the introductory or advanced levels of their accounting studies. Academic support is offered in partnership with the Certified General Accountants of Ontario. Located in the Newnham Campus Learning Centre.
|ACC120||Accounting Basics I||4|
|BUS106||Business - Its Nature and Environment||4|
|ICA001||Introduction to Computers and Applications||2|
|QNM106||Mathematics of Finance||4|
|SSC100||Success Strategies for College||2|
|ACC220||Accounting Basics II||4|
|SMS216||Systems Studies I||3|
|XXXXXX||General Education Option||3|
|Semester 3||Course Name||Hrs/Wk|
|ACC416||Intermediate Accounting Part 1||4|
|ALW381||Business Law for Accounting||4|
|EAC349||Business Communication for Accounting||4|
|ECN501||Introduction to Principles of Economics - Micro||3|
|SMS315||System Studies II||4|
|Semester 4||Course Name||Hrs/Wk|
|ACC417||Intermediate Accounting Part II||4|
|ECN502||Introduction to Principles of Economics - Macro||3|
|SMS416||Systems Studies III||4|
|XXXXXX||General Education Option||3|
* Common First Semester or Year for Accounting (ACC), Accounting and Finance (ACF) and Accounting and Payroll (APP) students.
Note: To proceed to Semester 3, students must have completed or be registered in EAC150.
|Domestic Admissions Advisor:||Angelie Ramirez
Telephone: (416) 491-5050 Ext. 22058
|International Admissions Advisor:||Susan Gao
Telephone: (416) 491-5050 Ext. 22365
|Registration & Records Advisors:|
|Newnham Campus:||Liam McElheron
Telephone: (416) 491-5050 Ext. 22464
|Markham Campus:||Marc Combetto
Telephone: (416) 491-5050 Ext. 77435
|Student Advisor:||Sheilagh Stephenson
Telephone: (416) 491-5050 Ext. 22795
|Program Coordinator, Newnham Campus:||Simon Lee
Telephone: (416) 491-5050 Ext. 22794
|Program Coordinator, Markham Campus:||Michael Longworth
Telephone: (416) 491-5050 Ext. 77537
|Associate Chair:||Jeff McCarthy
Telephone: (416) 491-5050 Ext. 26722
|Program Chair:||Karen Murkar
Telephone: (416) 491-5050 Ext. 22337
"In partnering with Seneca College we looked to Seneca accounting students to fill some of our staffing vacancies. Not only was the response incredible by the number of applications received, but the students already had the job skills we were looking for and were able to fit into our organization with very little additional training."
Manager, Personnel and Training
Central Ontario Market Group
Canadian Automobile Association (CAA)