Key Facts


Credential Awarded:: Diploma

Delivery:: 2 Years (4 terms)

Campus:: Toronto

Program Start:: Winter (January)
Spring (May)
Fall (September)

Program Code:: P5473

Tuition Fees:: Per academic year (2 terms) estimate*

Overview

Are you a numbers aficionado who prides yourself on attention to detail and wants to invest your career in finance?

As a graduate of the Business – Accounting Undergraduate Diploma program you have mastered the knowledge and skills to succeed in financial and managerial accounting roles.

Highlights

Hands-on, experiential learning via case studies, computer applications and role-playing.
Individualized support from professionally accredited/designated accounting faculty.
Unique bridge to three-year Business Administration-Accounting (Academic or Co-op).
Option to acquire a Chartered Professional Accountant (CPA) designation via diploma articulation to a qualifying degree program recognized by CPA Ontario.

With a solid foundation in financial principles and accounting practices, graduates of the Undergraduate Diploma in Business – Accounting program are ready to embark on a multitude of rewarding and exciting career avenues in the field of business accounting, including:

Financial analyst
Government or industry auditor
Investment consultant or analyst
Junior accountant in public accounting
Junior/intermediate cost accountant
Junior/intermediate general accountant
Management trainee in banks and other financial institutions

Courses

Please note, the following course Teaching and Learning Plan (TLP) will be developed based on the course outline provided in the link below:

ACCT1130: https://www.niagaracollege.ca/courses/ACCT/1130/term/1232/plan/P5473/

Admission Requirements

Admission Requirements

Secondary education transcripts and a graduation diploma* (High School) AND
Proof of English proficiency

*Please check country-specific program requirements as graduation diploma may not be applicable and only transcripts are required

Selection and Ranking

Testing or other supplemental evaluation may be required.

Computer/Technology Requirements

In order to successfully progress through your studies at Niagara College - Toronto, it is recommended that you have access to a personal computer or laptop. TSoM offers access to computer labs on campus, but availability cannot be guaranteed and some program software may not be available on all open access computers.

All costs associated with program requirements are the responsibility of the student.

Program Start

Program Start

International Applicants Apply

Intake	Status
Jan 2024	Closed
May 2024	Closed
Sept 2024	Closed

LEGEND

Open

Accepting applications

Waitlisted

Eligible applications will be placed on a waiting list

Closed

Not accepting applications

Suspended

No longer offered this term

Transfer Pathways

Tuition & Fees

Learning Outcomes

You will be able 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 principles
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 with 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

Certifications

Professional Certifications

Graduates of the Undergraduate Diploma in Business - Accounting program may wish to pursue a bachelor’s degree in a business-related program via a Niagara College – Toronto pathway, which may lead to the following professional certification:

Chartered Professional Accountant (CPA)

Frequently Asked Questions (FAQ)

FAQ

What is meant by business accounting?

Business accounting refers to the recording, organizing, and analysis of financial information for businesses or organizations. It involves tracking and reporting financial transactions, preparing financial statements, and providing insights into a company's financial performance.

What is a Business – Accounting Undergraduate Diploma?

The Business – Accounting Undergraduate Diploma is a post-secondary certificate awarded to individuals who have successfully completed the accounting stream of a business program. It signifies their knowledge and skills in accounting principles, financial reporting, and business analysis.

How does accounting help businesses in identifying and preventing fraud or financial irregularities?

Accounting plays a crucial role in identifying and preventing fraud or financial irregularities within businesses. By tracking and organizing financial transactions, cash flow, and performance, accountants can detect inconsistencies and anomalies that may indicate fraudulent activities. They implement internal controls and auditing processes to ensure accuracy, transparency, and compliance with regulations.

What are the four types of accounting?

The four main branches of accounting are corporate accounting, public accounting, government accounting, and forensic accounting. Each branch has its own focus and requirements. Corporate accounting deals with financial management and reporting within private companies. Public accounting involves providing accounting services to clients, including auditing and tax preparation. Government accounting focuses on financial management in the public sector. Forensic accounting combines accounting and investigation skills to uncover financial fraud and disputes.

After completing this program, you may consider supplementing your diploma with further education. Visit the Niagara College Pathways page to learn more.

Testimonials

Business – Accounting

Earn Your Business – Accounting Undergraduate Diploma at Niagara College – Toronto!

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