Business - Accounting
Get the essential skills to start a career in Accounting.
- Receive advanced standing in a number of degrees with partnership universities
- Small class sizes enable students to have stronger peer relationships, and closer contact with professors
- The Ottawa job market, the fourth largest in Canada, offers graduates a high-quality way of life and a wide range of business career opportunities
Program Availability and Schedule
Availability
Open
Closed
Waitlisted
Start Term
Availability
International
Availability
Competitive?
Fall 2024
No
Winter 2025
No
Schedule
Program Summary
Credential
Program Delivery
Program Code
Area of Interest
School
Campus
Other Delivery Options
Work Integrated Learning
The Business - Accounting Ontario College Diploma program balances accounting theory with tools used in the industry. This two-year program equips you with the essential skills for various entry-level accounting positions.
Learn how to complete accounting tasks, from conducting bookkeeping responsibilities to preparing financial statements and personal income tax returns. Expand your knowledge of various business concepts including economics and finance....(read more)
Overview
Get the essential skills to start a career in Accounting.
The Business - Accounting Ontario College Diploma program balances accounting theory with tools used in the industry. This two-year program equips you with the essential skills for various entry-level accounting positions.
Learn how to complete accounting tasks, from conducting bookkeeping responsibilities to preparing financial statements and personal income tax returns. Expand your knowledge of various business concepts including economics and finance.
Explore accounting concepts while sharpening your communication, math and technological skills. Courses incorporate accounting software to strengthen your computer literacy and provide you with up-to-date technical skills, which are essential in this field.
In the program`s final semester, you have the opportunity to apply for a work placement to practise your skills in a real work setting. See Additional Information for eligibility requirements.
Students considering a professional accounting designation or an accounting credential are advised to make inquiries with the Chartered Professional Accountants of Ontario (CPA Ontario) before deciding to complete this program. See Additional Information for further details.
This program prepares you for entry-level positions in:
- financial accounting
- managerial accounting
- payables and receivables
- taxation
Graduates typically find employment in roles such as:
- accounts payable clerk
- accounts receivable clerk
- bookkeeper payroll clerk
- junior staff accountant
SUCCESS FACTORS
This program is well-suited for students who:- Enjoy problem solving and critical-thinking activities.
- Are inquisitive and have an analytical nature.
- Can work well independently and in a group.
- Are detailed-oriented, organized and adaptable.
- Are comfortable using a variety of computer applications.
- Possess a high standard of ethics.
Courses
Programs at Algonquin College are delivered using a variety of instruction modes. Courses may be offered in the classroom or lab, entirely online, or in a hybrid mode which combines classroom sessions with virtual learning activities. Upon registration, each full-time student is provided an Algonquin email account which is used to communicate important information about program or course events.
Code:
ACC2201
Course Name:
Financial Accounting I
Course Description:
This is the first course in a series of three financial accounting courses in this program. Students learn to identify, measure, record and ... + Read More
Hours:
56.0
Code:
BUS2301
Course Name:
Business Computer Applications
Course Description:
The knowledge gained in this course provides students with a solid foundation for future learning in other studies, and in business. Student... + Read More
Hours:
42.0
Code:
ENL1813B
Course Name:
Communications I
Course Description:
Communication remains an essential skill sought by employers, regardless of discipline or field of study. Using a practical, vocation-orient... + Read More
Hours:
42.0
Code:
MGT2201
Course Name:
Business Fundamentals
Course Description:
Understanding the foundation of business is critical to anyone in the accounting field. This course gives students a broad overview of criti... + Read More
Hours:
42.0
Code:
QUA2210
Course Name:
Basic Business Mathematics
Course Description:
The essentials of arithmetic and its applications, including fractions, decimals, percentages, mathematics of buying and selling, payroll, t... + Read More
Hours:
56.0
Code:
ACC2202
Course Name:
Financial Accounting II
Course Description:
Building on previous studies in financial accounting, students expand their knowledge of fundamental accounting concepts involved in measuri... + Read More
Hours:
56.0
Code:
ACC2343
Course Name:
Spreadsheet Applications
Course Description:
Students enhance their knowledge of spreadsheets learned in BUS2301. Using Microsoft Excel, students explore some of the more advanced Excel... + Read More
Hours:
56.0
Code:
ECO2200
Course Name:
Economic Issues
Course Description:
Knowledge of contemporary economic issues is essential to understanding the world in which we live. Students examine the fundamental economi... + Read More
Hours:
42.0
Code:
ENL1823B
Course Name:
Communications II
Course Description:
Students continue to expand their practical writing and speaking skills for successful communication in business. Using real-life scenarios ... + Read More
Hours:
42.0
Code:
FIN2230
Course Name:
Finance
Course Description:
Understanding the fundamentals of financial management is necessary for strong financial decision-making. Students develop an understanding ... + Read More
Hours:
42.0
Code:
ACC2209
Course Name:
Financial Accounting III
Course Description:
This is the third and final financial accounting course in the program. Students examine the transactions specific to corporations as well a... + Read More
Hours:
70.0
Code:
ACC2233
Course Name:
Management Accounting I
Course Description:
Managerial accounting aids organizations in making well-informed decisions helping businesses to succeed. Students are introduced to key wo... + Read More
Hours:
56.0
Code:
ACC2262
Course Name:
Introduction to Personal Taxation
Course Description:
The ability to complete personal tax returns is an essential skill to have in the accounting field. Using a variety of methods, including a... + Read More
Hours:
56.0
Code:
ACC2385
Course Name:
Accounting Software Applications
Course Description:
It is a workplace expectation that students are comfortable using accounting software on a day-to-day basis. Students gain practical experie... + Read More
Hours:
56.0
Code:
ENL1725
Course Name:
Canadian Identity
Course Description:
Canadian identity is challenging to define, but depictions of our multicultural society are found and explored in our writing. This course e... + Read More
Hours:
42.0
Code:
ENL1726
Course Name:
Symbols, Text and Meaning
Course Description:
Symbols and text are used to express, evoke, and manipulate an entire range of human emotions and reactions. In this interactive, discussion... + Read More
Hours:
42.0
Code:
ENL1798
Course Name:
Contemporary Canadian Issues
Course Description:
A critical understanding of contemporary Canadian issues is vital to being an active member in our democratic society. Students explore a va... + Read More
Hours:
42.0
Code:
ENL1825
Course Name:
Communication Dynamics
Course Description:
Humans are dynamic, communicative, and socially interactive. Participants consider human behaviour and its influence on interpersonal or imp... + Read More
Hours:
42.0
Code:
ENL1829
Course Name:
The Art of Oratory
Course Description:
From ghost stories around the campfire to political speeches by world leaders, ethical oratory plays a significant role in human interaction... + Read More
Hours:
42.0
Code:
ACC2211
Course Name:
Payroll and Compliance
Course Description:
Payroll and statutory compliance reporting is mandatory for every business to adhere to. Students learn how to apply payroll legislation to ... + Read More
Hours:
56.0
Code:
ACC2234
Course Name:
Management Accounting II
Course Description:
Students continue to enhance key workplace skills and business ethics by further exploring the goals and methods of managerial accounting. S... + Read More
Hours:
56.0
Code:
ACC2265
Course Name:
Audit Principles and Business Issues
Course Description:
Students are introduced to current business issues relevant to Canadian organizations as well as key auditing concepts that help to guide bu... + Read More
Hours:
56.0
Code:
ACC0012
Course Name:
Integrated Accounting Practice
Course Description:
Students draw upon knowledge learned throughout the program to participate in weekly duties that simulate authentic business practices. Stud... + Read More
Hours:
56.0
Code:
ACC0044
Course Name:
Work Experience
Course Description:
Accounting experience is advantageous when students search for work after graduation. Students apply the skills and knowledge acquired to da... + Read More
Hours:
56.0
Code:
GED0214C
Course Name:
General Education Elective
Course Description:
Students choose one course, from a group of general education electives, which meets one of the following five theme requirements: Arts in S... + Read More
Hours:
42.0
Careers & Pathways
Careers
Graduates may pursue employment opportunities in various entry-level positions including accounts receivables or payables, bookkeeping or payroll responsibilities. Roles include: accounting assistant, accounts payable clerk, accounts receivable clerk, bookkeeper, and payroll clerk.
Pathways
Please note: There may be more pathways available for this program than are listed here. Please use our Pathways search tool to see every option.
Learning Outcomes
The graduate has reliably demonstrated 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.
- Identify and apply discipline-specific practices that contribute to the local and global community through social responsibility, economic commitment and environmental stewardship.
Tuition & Fees
Get an idea of how much each semester will cost with our Tuition and Fee Estimator.
2023/2024 Academic Year
Tuition and related ancillary fees for this program can be viewed by using the Tuition and Fees Estimator tool at www.algonquincollege.com/fee-estimator.
Further information on fees can be found by visiting the Registrar`s Office website at www.algonquincollege.com/ro.
Fees are subject to change.
Additional program related expenses include:
- Books and supplies cost approximately $600 to $800 per term. However in Levels 03 and 04 of the program, books may cost up to $1,000.
- Books and supplies can be purchased from the campus store. For more information visit www.algonquincollege.com/coursematerials.
Admissions Requirements
All applicants must satisfy both College Eligibility and Program Eligibility requirements.
College Eligibility
- Ontario Secondary School Diploma (OSSD) or equivalent. Applicants with an OSSD showing senior English and/or Mathematics courses at the Basic Level, or with Workplace or Open courses, will be tested to determine their eligibility for admission; OR
- Academic and Career Entrance (ACE) certificate; OR
- General Educational Development (GED) certificate; OR
- Mature Student status (19 years of age or older and without a high school diploma at the start of the program). Eligibility may be determined by academic achievement testing for which a fee of $50 (subject to change) will be charged.
Program Eligibility
- English, Grade 12 (ENG4C or equivalent).
- Mathematics, Grade 12 (MAP4C or equivalent).
- Applicants with international transcripts must provide proof of the subject-specific requirements noted above and may be required to provide proof of language proficiency. Domestic applicants with international transcripts must be evaluated through the International Credential Assessment Service of Canada (ICAS) or World Education Services (WES).
- IELTS-International English Language Testing Service (Academic) Overall band of 6.0 with a minimum of 5.5 in each band; OR TOEFL-Internet-based (iBT) Overall 80, with a minimum of 20 in each component: Reading 20; Listening 20; Speaking 20; Writing 20; OR Duolingo English Test (DET) Overall 110, minimum of 110 in Literacy and no score below 95.
Should the number of qualified applicants exceed the number of available places, applicants will be selected on the basis of their proficiency in English and mathematics.
Application Information
BUSINESS - ACCOUNTING
Program Code 0214C01FWO
Applications to full-time day programs must be submitted with official transcripts showing completion of the academic admission requirements through:
ontariocolleges.ca
60 Corporate Court
Guelph, Ontario N1G 5J3
1-888-892-2228
Students currently enrolled in an Ontario secondary school should notify their Guidance Office prior to their online application at www.ontariocolleges.ca.
Applications for Fall Term and Winter Term admission received by February 1 will be given equal consideration. Applications received after February 1 will be processed on a first-come, first-served basis as long as places are available.
International applicants please visit this link for application process information: https://algonquincollege.force.com/myACint/.
For further information on the admissions process, contact:
Registrar`s Office
Algonquin College
1385 Woodroffe Ave
Ottawa, ON K2G 1V8
Telephone: 613-727-0002
Toll-free: 1-800-565-4723
TTY: 613-727-7766
Fax: 613-727-7632
Contact: https://www.algonquincollege.com/ro
Additional Information
Program Resources
This program offers a September start or January start. Students who start in January must complete their second level of the program in the Spring term and continue into the third level in the Fall term.
Classes in this program may be scheduled between 8:00 AM and 10:00 PM, Monday through Friday.
Work placement is an option available to students in the fourth level of this program. Work placement is only available in the Winter term. Participants of the optional work placement will receive a course credit for ACC0044 (Work Experience) in lieu of taking a fifth course on campus during the fourth level of the program. Students must meet eligibility requirements in order to participate in the work placement.
To be eligible to apply for work placement, students must be registered full-time with the regular on-campus program, must have completed all level 1, 2 and 3 courses, must not have any academic encumbrances and must meet certain academic standings. Due to the high demand for work placements, some students may be required to secure their own placement subject to approval by the program coordinator.
Students considering completing a degree after their diploma may be able to apply some courses towards a degree through various university articulation agreements. For further information see www.algonquincollege.com/degree-pathways/list/.
Students considering pursuing a professional accounting designation are advised to make inquiries with the Chartered Professional Accountants of Ontario (CPA Ontario). Please note that Algonquin College courses are not directly transferrable to CPA unless they are transferred through a recognized articulation agreement with a university. For further information see www.cpaontario.ca/become-a-cpa/get-started.