Small Business Accounting

College-Approved Certificate (5 courses) Part-time Online
Program Code: 1808X07PWO Academic Year: 2016/2017

This program is listed under the following fields of study:

Our Program

This College Certificate program prepares students with the basic knowledge needed to manage the accounting needs of a small business using Quickbooks accounting software. Through a combination of discussions and applied exercises, students are exposed to theoretical and practical knowledge on introductory financial accounting focusing on the key functional areas of accounting and financial management.

Graduates may be successful finding entry-level employment in administration for small businesses or pursuing self-employment opportunities.

To qualify for this certificate, you must complete the program within three years.

Success Factors

This program is well-suited for students who:

  • Are adaptable and enjoy problem solving.
  • Communicate effectively with people in a variety of capacities.
  • Possess an entrepreneurial mind set.
  • Perform working both independently and collaboratively.
  • Possess a keen eye for detail.
  • Have strong organizational skills.

Fees & Expenses

Fees for part-time programs are charged on a course-by-course basis and are published on each individual course page. For questions related to fees, please call the Registrar's Office at 613-727-0002.

Graduation Fee

Once you have completed all the courses in the program, it is the responsibility of the student to contact the Registrar's Office to obtain a certificate/diploma application. A graduation fee of $40 will be charged when the application is submitted. When your certificate/diploma application has been approved, you will be invited to Spring or Fall Convocation.

Admission Requirements

College Eligibility
  • Ontario Secondary School Diploma (OSSD) or equivalent, OR
  • Mature Student status (19 years of age or older and without an OSSD).
College Eligibility
  • Ontario Secondary School Diploma (OSSD) or equivalent, OR
  • Mature Student status (19 years of age or older and without an OSSD).


Program Progression

As per policy AA39: Program Progression and Graduation Requirements when students are admitted to a program, they are assigned to the Program of Study that aligns with their start date. If a student takes a break for two or more consecutive terms the Program of Study is reset to align with the current version (when studies are resumed). For more information please contact your Program Coordinator.

CCOL Academic Planner

The Academic Planner provides registered part-time students in the Centre for Continuing and Online Learning (CCOL) the ability to declare into a program of study. The Academic Planner outlines successfully completed courses to date, as well as courses that need to be completed in order to meet graduation requirements. It is therefore, essential that all part-time students in CCOL declare to their program of study, allowing administrators to plan course offerings. The tool is available on ACSIS, located under 'Continuing Education' on the left-hand toolbar.

Additional Information

For more information, please contact Natalie Gamble, Program Coordinator at 613-727-4723 ext. 5864 or


Online:Online Learning   On campus: On Campus
HoursCourse NameWinterSummer
ACC000442.0Quickbooks Level IOnline Learning Online Learning
ACC220160.0Financial Accounting IOnline Learning Online Learning On Campus
ACC230030.0Quickbooks Level IIBlank Icon Online Learning Blank Icon
ACC220260.0Financial Accounting IIOnline Learning Online Learning On Campus
MGT230356.0Small Business Financial ManagementBlank Icon Online Learning Blank Icon


ACC0004 Quickbooks Level I

QuickBooks is designed for the small to midsized business owner. Students learn how to make General Journal entries, enter payroll transactions, as well as enter Accounts Receivable and Accounts Payable transactions. Also explored are various reports used to analyze a business's financial activity using QuickBooks 2015. This is RIBO (Registered Insurance Brokers of Ontario) certified.

ACC2201 Financial Accounting I

Accounting is referred to as the backbone of the business world; the ability of a business to analyze and monitor its financial transactions is critical to its success. Accounting involves capturing, measuring and analyzing business transactions and reporting that information to interested parties. Focus is on the fundamentals of the accounting process including topics, such as creating financial statements, measuring and capturing financial transactions through a variety of journal entries, accounting for inventory in merchandising operations and accounting for cash and the need for internal controls. Through a combination of practical exercises and computerized lab assignments, students are given the tools to learn fundamental accounting concepts.

ACC2300 Quickbooks Level II

Students build on the learning from the Introduction course and will include the following topics: setting up a new company, purchasing, inventory management, units of measure, estimates and progress billing, job costing, customizing invoices and other forms, multicurrency, budgeting and advanced reporting (customizing and memorizing).

Pre-requisites: ACC0004

ACC2202 Financial Accounting II

Students continue to expand their knowledge of fundamental accounting concepts involved in measuring and analyzing business transactions and reporting financial results. Topics covered include, receivables, capital assets, intangibles, depreciation, current and long-term liabilities, payroll entries, corporations, partnerships and statement of cash flows. Through a combination of practical exercises and computerized lab assignments students are provided the tools to learn fundamental accounting concepts.

Pre-requisites: ACC2201 or ACC5151A

MGT2303 Small Business Financial Management

Students are prepared to assume the role of an entrepreneur, acting as a general manager, as opposed to an accounting technician or a financial specialist. Emphasis is on developing a broad understanding of those accounting and financial management concepts and terminologies which will serve them in the course of starting and operating a small business.