Department of Management, Gordon S. Lang School of Business and Economics
By combining the conceptual and quantitative elements of accounting while promoting the integration of theory and practice, the accounting major provides graduates with the academic requirements for the postgraduate pursuit of a Professional Accounting designation. Students will develop the technical, analytical, evaluative and communication skills needed for a successful career in accounting and related management areas.
The program provides a strong foundation of accounting and general business knowledge while allowing significant opportunity to develop breadth and depth of knowledge in related areas of study.
Students pursuing a professional accounting designation should visit the Department of Management website for links to the requirements.
Elective options enable students to select courses which support or complement their primary field of study.
The Co-op program in Accounting is designed to facilitate the transition of students from academic studies to a professional career by enhancing the integration of theory and practice.
By the end of the Bachelor of Commerce program, graduates will be able to:
- Demonstrate the ability to think critically by identifying, evaluating and integrating relevant information from a variety of sources to solve complex business problems
- Demonstrate an ability to work effectively in teams, through the application of appropriate knowledge and skills such as responsible decision-making and personal accountability
- Identify and professionally respond to team issues and develop a new approach to enhance team performance
- Discuss and apply principles of corporate social responsibility to business issues and operations.
- Communicate effectively in a business context through written documents to a variety of audiences
- Communicate effectively in a business context through oral communication to a variety of audiences
- Demonstrate competency and understanding of core business knowledge and concepts.
- Demonstrate proficiency in the ability to integrate knowledge and understanding within specific majors through analysis and recommendation of solutions to ‘major specific’ business problems and business decision-making.
Accounting major graduates will also be able to:
- Technical knowledge: Demonstrate technical knowledge in the areas of financial accounting; strategy and governance; management accounting; audit and assurance; finance and taxation.
- Analysis: Demonstrate the ability to prioritize and analyze issues in situations of moderate complexity.
- Evaluation: Apply technical knowledge and draw logical conclusions for issues in situations of moderate complexity.
- Professional Ethics: Identify and address situations with ethical complexities.
The Co-op program in Accounting is a five year program including four work terms. Students must follow the academic work schedule as outlined below (also found on the Co-operative Education website: https://www.recruitguelph.ca/cecs/).
Accounting Academic and Co-op Work Term Schedule
|1||Academic Semester 1||Academic Semester 2 COOP*1100||Off|
|2||Academic Semester 3||COOP*1000 Work Term I||Academic Semester 4|
|3||Academic Semester 5||COOP*2000 Work Term II||Academic Semester 6|
|4||COOP*3000 Work Term III||COOP*4000 Work Term IV||Off|
|5||Academic Semester 7||Academic Semester 8||N/A|
Please refer to the Co-operative Education program policy with respect to work term performance grading, work term report grading and program completion requirements.
For additional program information students should consult with their Co-op Co-ordinator and Co-op Faculty Advisor, listed on the Co-operative Education web site.
(22.00 Total Credits)
|Required Core Courses||13.00|
|Restricted Electives (see semester 7 & 8)||1.00|
|Liberal Education Electives||1.50|
|Co-op Work Terms||2.00|
The recommended program sequence is outlined below.
|Semester 1 - Fall|
|ACCT*1220||Introductory Financial Accounting||0.50|
|MGMT*1000||Introduction to Business||1.00|
|Semester 2 - Winter|
|ACCT*1240||Applied Financial Accounting||0.50|
|COOP*1100||Introduction to Co-operative Education||0.00|
|HROB*2090||Individuals and Groups in Organizations||0.50|
|Semester 3 - Fall|
|ACCT*3330||Intermediate Financial Accounting I||0.50|
|STAT*2060||Statistics for Business Decisions||0.50|
|COOP*1000||Co-op Work Term I||0.50|
|Semester 4 - Summer|
|ACCT*3340||Intermediate Financial Accounting II||0.50|
|Semester 5 - Fall|
|FIN*2000||Introduction to Finance||0.50|
|HROB*2290||Human Resources Management||0.50|
|COOP*2000||Co-op Work Term II||0.50|
|Semester 6 - Summer|
|ACCT*3230||Intermediate Management Accounting||0.50|
|MCS*3040||Business and Consumer Law||0.50|
|MGMT*3020||Corporate Social Responsibility||0.50|
|COOP*3000||Co-op Work Term III||0.50|
|COOP*4000||Co-op Work Term IV||0.50|
|Semester 7 - Fall|
|ACCT*4220||Advanced Financial Accounting||0.50|
|Semester 8 - Winter|
|ACCT*4230||Advanced Management Accounting||0.50|
|Semester 7 or 8 - Fall or Winter|
|MGMT*4000||Strategic Management 3||0.50|
|Select 1.00 credits from the following:|
|ACCT*4270||Auditing II 4||0.50|
|ACCT*4290||IT Auditing and Data Analytics 5||0.50|
|ACCT*4340||Accounting Theory 5||0.50|
|ACCT*4350||Income Taxation II 4||0.50|
|ACCT*4440||Integrated Cases in Accounting 5||0.50|
Students may take in either Fall or Winter.
Offered in the Fall only.
Offered in the Winter only.