Accounting

Program Plan

Numbers are the language of business. They tell a story that only the most discerning finance professionals can communicate.

The Bachelor of Business Administration program is a four-year undergraduate degree that allows you to select a concentration that suits your interests and career goals. As a graduate of this degree, you will be able to gain advanced standing toward appropriate professional designations. Also, for more information on Accounting concentration careers, please go to the article ‘What kind of jobs can you get with a Business Management degree?‘.

The Chartered Professional Accountants of BC (CPA) recognize courses completed at Acsenda School of Management for transfer credit towards the CPA Professional Education Program (PEP). Acsenda students can receive transfer credit for all 14 CPA PEP course requirements. For more information, click HERE.

Our accounting concentration courses will help you to achieve a wide range of professional careers where you can be qualified after graduation. You will learn how accounting is one of the most essential pillars for any public and private organization worldwide, besides learning competencies in the different areas of accounting such as financial, managerial, tax, auditing, and forensic, among others.

This program will help graduates to be prepared for entry-level and mid-level positions in a diversity of corporate environments. The Bureau of Labor Statistics (BLS) states that accountants and auditors make an average annual wage of $73,560 per year.

For more information about insights from the accounting industry, workforce and employment statistics, and career paths and resources, please visit WorkBC (Financial auditors and accountants).

Accounting Concentration

Accounting Concentration Courses

10 Courses required

ACCT

A continuation of ACCT 201. The purpose of this course is to introduce the student to alternative systems and analytical techniques used in managing and controlling business operations. Key topics include pricing decisions, balanced scorecard and strategic profitability analysis, cost allocation, process costing, inventory management and capital budgeting.
This course is a continuation of ACCT211 This course continues the review of the accounting principles and concepts and the basics of IFRS. Key topics include corporation and partnership accounting, current and long-term liabilities, short and long-term investments, statement of cash flows, and financial statement analysis.
This intermediate financial accounting course builds on the basic understanding that students would have acquired in the introductory accounting courses and will focus on the asset side of the statement of financial position. In the first part of the course, students cover financial reporting and accounting concepts; income statement and statement of financial position presentation; the statement of cash flows; revenue and expense recognition; and the interest concepts of future and present value. In the second half, students cover current monetary balances; inventory and cost of goods sold; investments and financial instruments; and property, plant and equipment.
A continuation of ACCT331. This course covers an in-depth study of liabilities and equities. Key topics include legal and financial aspects of partnerships and corporations; current and long-term liabilities; shareholders’ equity; complex debt and equity instruments; leases; accounting for income taxes; pension and other post-employment benefits; accounting changes; cash flow statement; and the analysis of financial statements. Computer software is used to illustrate concepts and give students valuable hands-on experience.
This financial accounting course offers students an in-depth look at six principal areas of advanced financial accounting: standard setting in Canada and internationally, financial instruments and income tax allocation, long-term inter-corporate investments, consolidation, foreign currency translation and the translation and consolidation of foreign subsidiaries, and not-for-profit and public sector accounting. Computer spreadsheets are used to demonstrate concepts and give students practice in advanced financial accounting.
This course equips students with a conceptual understanding of the design and use of management accounting information and the role of the management accountant. Students learn to perform analyses to support managerial decisions, design and implement effective management control systems, and develop an awareness of the moral responsibilities of management accountants. Topics include strategic decision making, customer profitability analysis, capital budgeting, time drivers, supply- chain analysis, agency theory, responsibility accounting & transfer pricing, performance measures, and emerging issues. The importance of understanding ethical issues in management accounting is stressed. Computer spreadsheets are used to illustrate concepts and provide practical, hands-on experience.
This introductory course offers students thorough coverage of the auditing concepts and procedures of external auditing. After completing this course, students will be familiar with key topics including reporting; professional standards and ethics; legal liability; audit objectives, evidence, and documentation; planning and analysis; materiality and risk; internal control; audit sampling; and computer auditing. The functions and procedures related to the revenue and collection cycle, acquisition and expenditure cycle, inventory and capital asset balances, production and payroll cycle, and finance and investment cycle are studied. Completion of the audit, including evaluation and communication of findings, is also studied.
This advanced course looks at current issues and problems in the field of financial accounting. Topics covered include the contributions of economics, finance, and other disciplines to accounting theory; the practical and theoretical problems of the present value model; foreign exchange accounting; hedging; the process and issues of standard setting; agency theory; and other topics related to specific industries or sectors of the economy.
This course is a continuation of FINC211. The course introduces the general theoretical and practical aspects of financial management. Key topics covered include cost of capital, capital budgeting, valuation of stocks and bonds, options, and the use of derivatives in risk management. Special Situations – Employee benefits, Sale of a business, related party transactions Objections and Appeals Directors’ Liability.
This first level taxation course is aimed at providing students with introduction to the Canadian income tax system. It aims to: a. Ensure a good understanding of the general principles and concepts of the Canadian Income Tax Act (“ITA”) as encountered by most individual and corporate taxpayers. b. Develop professional skills in the application of ITA principles and concepts to solve tax problems of individuals and corporations. c. Introduction to basic principles of income tax planning d. Introduction to the Goods and Services Tax e. International considerations: Multinational Capital Budgeting Introduction to Risk Management f. Reasons to Manage Risk g. Foreign Exchange Risk h. Commodity Price Risk Forward Contracts, Futures Contracts i. Commodity Price Risk Forward Contracts, Futures Contracts j. Interest Rate Risk