Honours Bachelor of Commerce (Accounting)-2024/2025
| Core Courses | ||||
| Take all of the following Mandatory (Core) Courses: The Minimum Cumulative GPA for Core Courses is 2.5 < (Students who complete BAC Level 4 and enter Level 5 of the BCA program must also complete COMM-7021, LIBS-7001, MGMT-7008, METH-7023, MGMT-7006, MGMT-7007 and a General Education Elective course from previous levels of the program) < (Students who complete BAA Level 6 and enter Level 7 of the BCA program must also complete COMM-7021, LIBS-7001, MGMT-7008, FINA-7003, ACCT-7009, MGMT-7007 and 2 General Education Elective courses from previous levels of the program) < | ||||
Group 1 | ||||
| LEVEL 1 | ||||
| MATH-7007 | Mathematics for Decision Making | 4 | ||
| In this course, students will study the fundamental mathematical concepts required to understand and analyze a variety of business-related applications. These applications include: mathematics of merchandising, cost-volume-profit analysis, simple and compound interest, annuities, debt retirement through amortization or sinking funds, bonds, net present value, and internal rate of return. | ||||
| ACCT-7002 | Accounting 1-Intro | 4 | ||
| This introductory course in financial accounting gives students an overview of accounting concepts, the accounting cycle and the preparation of financial statements for various forms (proprietorship, partnership and corporation) and types (service and merchandising) of business. Other topics include: recording merchandising transactions using a perpetual vs. periodic inventory system, owner investments/withdrawals including shareholder equity transactions, cash flow and financial statement analysis. | ||||
| COMP-7012 | Computer Applications for Business | 3 | ||
| This is an introductory course where students will learn to use the major elements of the Microsoft Office application suite, specifically Word, Excel, and PowerPoint. The training is provided in a hands-on lab and entails the completion of weekly assignments pertaining to each of the application areas. Emphasis will be placed on developing analytical skills in Excel at intermedia level. This course will prepare students to take an active role as knowledge workers. | ||||
| MGMT-7006 | Management Fundamentals | 3 | ||
| MGMT 7006 is a foundation course in the principles and practices of managing people and organizations. Structured around four functions of management-namely, leading, planning, organizing and controlling, the course looks at the challenges managers face in modern organizations. Topics include analysis of environmental constraints and the development of internal resources in relation to leading and planning and the role of structure, process and controls in organizing and controlling. | ||||
| COMM-7018 | Professional Comm. in a Diverse World | 3 | ||
| This course teaches students the fundamentals of intercultural and diverse communication; topics examined include identity, ethics, and multiculturalism issues, and are studied in the form of case studies and thematic readings. Students learn how to craft effective communications (written, nonverbal and verbal) that are sensitive to issues involving geographic, cultural, gender and ability diversity. These issues are examined through the lens of professional communications. Assessments in this course encompass both written assignments and presentations (individual and group). | ||||
Group 2 | ||||
| LEVEL 2 In addition to the following mandatory courses, please refer to the Non-Core Level 2 requirement below | ||||
| ACCT-7003 | Accounting 2-Intro | 3 | ||
| This is the second introductory course in financial accounting that gives students an overview of the accounting cycle and the preparation of financial statements. Topics include: short-term investments, inventory valuation, capital assets, current and long-term liabilities, partnership accounting and accounting for corporations, bonds payable as well as the statement of cash flow and financial statement analysis. | ||||
| MKTG-7001 | Marketing 1 | 3 | ||
| High performing businesses create value for their customers and build profitable customer relationships. This course introduces students to the methods used to understand the marketplace and the consumer. Through the use of case studies and brand examples, students will learn the techniques used to segment a market and identify target customers. They will also learn methods marketers use to develop a compelling value proposition through the integration of product (service) mix, pricing, promotion and channel management strategies. The course culminating project is the creation of a marketing plan. | ||||
| ECON-7005 | Microeconomics | 3 | ||
| Microeconomics is the study of how households and firms make decisions and interact within defined markets. This course will provide an overview of fundamental models utilized to explain economic phenomena including, opportunity cost; demand and supply; price elasticity; government interaction in private and public markets; industry structure and international trade. Students will apply these models to explain historical and current Canadian domestic activity and its interaction(s) in the global environment. | ||||
| MGMT-7008 | Operations Management | 3 | ||
| Students will learn the art and science of ensuring that goods and services are created and delivered successfully through the value chain to the end customer. The course covers practical applications of operations in both the manufacturing and services environments with an emphasis on operational strategy, leadership, decision making and customer satisfaction. Topics will include: competitiveness, strategy and productivity, forecasting, Lean System, Total Quality Management (TQM) and the ability to analyze key issues and problems in operations management. | ||||
| MGMT-7007 | Human Resources Management | 3 | ||
| This foundational HR course will introduce students to the strategic role of the human resources professional in the context of the human resources management field and the current business environment. Topics include organizational goals and strategic objectives, job analysis, training and development, recruitment and selection, planning, performance management, employment legislation, and career development. Students will apply their knowledge and understanding of HR management to critically analyse and propose revisions to a human resources strategy and plan.This course is HRPA approved and is required to write the Comprehensive Knowledge Exam 1 (CKE1) and/or the Comprehensive Knowledge Exam 2 (CKE2). These exams are part of the attainment of the externally accredited entry level Certified Human Resources Professional (CHRP) designation (CKE1) and/or the advanced level Certified Human Resources Leader (CHRL) designation (CKE2), respectively. You must achieve a minimum of 65% in any one of the nine CHRP/CHRL courses and an overall average of 70% in these nine courses to be eligible to write the CKE1 and/or CKE 2. For further information on this designation, please see: http://www.hrpa.ca/RegulationandHRDesignations/Pages/HR-Designations.as… | ||||
Group 3 | ||||
| LEVEL 3 In addition to the following mandatory courses, please refer to the Non-Core Level 3 requirement below | ||||
| ACCT-7004 | Management Accounting | 3 | ||
| This course introduces students to the role of a manager and the managers need for information for decision making in planning, implementation and organizational control. Students are providedwith instruction toward a fundamental understanding of cost concepts and terminology, such that they are able to isolate areas of cost and costing techniques leading to sound information for management decision making. The main topics covered are cost accounting fundamentals, traditional and contemporary approaches to product costing, and the application of a selection of cost analysis and planning tools. | ||||
| ECON-7006 | Macroeconomics | 3 | ||
| Macroeconomics is the study of economy wide phenomena including inflation, unemployment and economic growth. This course will explain the how these major economic forces impact the economy through analysis and application of concepts such as gross domestic product; cost of living calculations; unemployment; economic growth theories; Canadas banking system; aggregate demand and supply and government domestic and international policy strategies (monetary policy, fiscal policy and international policy). The student will apply these macroeconomic concepts to describe historical and current Canadian performance in both a domestic and international context. | ||||
| MGMT-7009 | Principles of Organizational Behaviour | 3 | ||
| Beginning with the concept of the organization as an open system, students will examine key elements pertaining to the behaviour of people within an organization. They will examine models of motivation, group dynamics, teamwork, change management and communication. They will then analyze the effects of the organization's leadership, structure and external environment on culture, climate and on human behaviour. They will apply this knowledge and understanding to recommend strategies for a minor transformation and develop an appropriate change plan. | ||||
Group 4 | ||||
| LEVEL 4 In addition to the following mandatory courses, please refer to the Non-Core Level 4 requirement below | ||||
| LAWS-7002 | Business Law | 3 | ||
| This course is an introductory survey of Canadian Business Law with a focus on Ontario legislation and common law. Topics include; the Canadian constitution and court system, torts (particularly negligence and professional responsibility), contracts, property (personal, real and intellectual), security interests, agency, forms of business organization, the legal aspects of credit, and employment law. The purpose of the course is to enhance the students decision making ability with respect to various legal and ethical issues that arise in a business setting. | ||||
| ACCT-7005 | Accounting 1-Inter | 4 | ||
| This intermediate financial accounting course builds on the basic understanding of accounting principles, emphasizing the critical concepts of financial statements, revenue recognition, and assets. The main goal of this course is to teach students to determine what financial information should be reported and how it should be quantified and disclosed according to generally accepted accounting principles. Topics include: current and long-term assets recording and reporting; income statement measurement; balance sheet classification; and revenue recognition. | ||||
| SYST-7001 | Business Information Systems | 3 | ||
| This course provides a strategic view of management issues associated with the governance, development, acquisition and deployment of information systems. With an emphasis on the strategic importance of Information Systems the following topics will be explored: IT governance; systems development analysis, design and issues; systems implementation, testing and support; networks; ecommerce/EDI; IS operational and security issues; and the human side of Information Systems management. | ||||
| METH-7027 | Quantitative Methods-Business Decisions | 5 | ||
| The purpose of this course is to introduce students to the field of statistics and its many applications in business and commerce. Students will learn and apply statistical knowledge, tools, and techniques, which will allow students to approach problems logically, investigate issues scientifically, and understand and analyze the impact of decisions on business. Topics include: presentation and description of data, probability, probability and sampling distributions, statistical inference, regression analysis, time series, and statistical quality control. | ||||
Group 5 | ||||
| LEVEL 5 In addition to the following mandatory courses, please refer to the Non-Core Level 5 requirement below | ||||
| FINA-7001 | Business Finance 1 | 4 | ||
| This course introduces students to the theory of financial management and its application to the business world. The main goal of the course is to teach students how financial managers make decisions within a framework that emphasizes the time value of money and the relationship between expected return and risk. In addition students will be taught the techniques that financial managers use to evaluate the feasibility of undertaking new projects. Specific topics include financial ratio analysis, time value of money, net present value, capital asset pricing model, capital budgeting, capital' structure, weighted average cost of capital and working capital management. | ||||
| ACCT-7006 | Accounting 2-Inter | 4 | ||
| This intermediate financial accounting course builds on the basic understanding of accounting principles, emphasizing the critical concepts of liabilities and equities. The main goal of the course is to teach students to determine what financial information should be reported and how it should be quantified and disclosed according to generally accepted accounting principles. Topics include: legal and financial aspects of partnerships and corporations; current and long-term liabilities and shareholder's equity; complex debt and equity instruments; leases; accounting for income taxes; pension and other benefits; accounting changes; cash flow statement; and the analysis of financial statements. | ||||
| ACCT-7007 | Management Accounting 2 | 4 | ||
| This course is a continuation of Management Accounting 1 which introduces students to fundamental management accounting concepts and techniques used by managers in making decisions. Management Accounting 2 teaches additional tools and techniques used in decision making which continue to build on the fundamentals taught in Management Accounting 1. The primary topics covered are CVP Analysis, Standard Costing, Flexible Budgeting, Relevant Costing, Pricing Decisions, Profitability Analysis, Capital Budgeting and trends in management accounting. | ||||
Group 6 | ||||
| LEVEL 6 In addition to the following mandatory courses, please refer to the Non-Core Level 6 requirement below | ||||
| FINA-7002 | Personal Taxation | 5 | ||
| This course will cover the fundamental principles and concepts of Canadian federal income tax legislation. Students will be introduced to the concept of income tax and then focus on the inclusions and deductions for the computation of taxable income for individuals. They will also learn to compute taxes payable for individual taxpayers. The course integrates the use of tax preparation software. | ||||
| FINA-7003 | Business Finance 2 | 4 | ||
| This advanced finance course provides an in-depth study of issues and tools that financial managers use in making decisions. The main goal of the course is to teach students to explore issues and make sound corporate financing decisions. Specific topics include financial markets and portfolio risk; capital budgeting under uncertainty; long term sources of funds, capital structure and dividend policy; special financing and investment decision making; valuation of corporations; treasury risk management; futures, forwards, options and swaps; and, financial planning. | ||||
| ACCT-7011 | Auditing | 4 | ||
| This course will provide an overview of auditing concepts and procedures of external auditing. Students will learn key topics and apply concepts to each of the major accounting cycles. Studentswill work in small groups to develop an audit plan for a public company. | ||||
| MGMT-7016 | Managing Programs & Projects | 3 | ||
| This course gives management students the leadership skills to develop a project selection and prioritization process within a PMO (Project Management Office). The course also focuses on program and project leadership, the various methods of leadership, project integration and assesses legal and ethical project management issues. Students learn the process of analyzing, creating and managing the project plan and the project management processes for managing and controlling the overall program/project. This course covers all of the PMI (Project Management Institute) knowledge areas of project management together into a consolidated whole, and gives the student a higher-level leadership view of portfolio, program and project management and the tools and techniques to plan, execute and control various types of projects. | ||||
| COOP-1021 | Co-Op Educ. Employment Prep | 1 | ||
| This workshop will provide an overview of the Co-operative Education consultants and students' roles and responsibilities as well as the Co-operative Education Policy. It will provide students with employment preparatory skills specifically related to co-operative education work assignments and will prepare students for their work term. | ||||
Group 7 | ||||
| LEVEL 7 In addition to the following mandatory courses, please refer to the Non-Core Level 7 requirement below | ||||
| FINA-7004 | Corporate Taxation | 4 | ||
| This course will continue the coverage of the fundamental principles and concepts of Canadian federal income tax legislation. Students will focus on the inclusions and deductions for the computation of taxable income for corporations. They will also learn to compute taxes payable for corporate taxpayers. The course integrates the use of tax preparation software. | ||||
| ACCT-7015 | Financial Accounting-Adv | 4 | ||
| This advanced financial accounting course takes an in-depth look at the accounting for business consolidations, inter-corporate investments and intercompany transactions. The main goal of the course is to teach students to evaluate different types of review relevant theory, including generally accepted accounting principles and international accounting standards, and help students apply professional judgment in unique situations and technical application of current accounting rules for presenting these advanced topics. In addition students will review relevant theory and help students apply professional judgment in unique situations and technical application of current accounting rules for presenting these advanced topics. Specific topics include the standard setting process in Canada and internationally, business combinations, reporting requirements for business consolidations and reporting requirements for intercompany transactions foreign currency translation and consolidation of foreign subsidiaries, hedge accounting and not-for-profit and public sector accounting. | ||||
| ACCT-7009 | Accounting Theory-Adv | 3 | ||
| This course is designed to provide students with knowledge of financial accounting theory forming the foundation of accounting standards and practice. During the course, students will study and discuss contemporary and controversial issues in the financial accounting area. In addition, this course will introduce to students the mainstream of accounting research and some accounting research methodologies. Topics covered include the contributions of economics, finance, and other disciplines to accounting theory; the practical and the theoretical problems of the present value model; the process and issues with the standard setting; agency theory; and other topics related to specific industries or sectors of the economy. | ||||
Group 8 | ||||
| LEVEL 7 - Add'l Requirement Take ENTP-7001 or INNV-7001 | ||||
| ENTP-7001 | Business Entrepreneurship | 3 | ||
| This course gives students a comprehensive knowledge of the functions of a small to medium sized business and the characteristics, opportunities and challenges of entrepreneurship. Students will prepare and defend a business plan for a new business and examine alternative to starting a new business. Topics include accounting principles and strategies, legal issues and managing risk, leadership and ethics, market research and marketing plans for the small business. Students leave the course with an effective, valid business plan ready to implement. | ||||
| INNV-7001 | Innovation Applications | 3 | ||
| Organizations and individuals need to be innovative to succeed in the complex and rapidly-changing global marketplace. In this course, you will learn the fundamentals of innovation, and how innovation applies to your discipline or field through analysis of a contemporary innovation. Using this foundational knowledge, you will select and apply the novel and adaptive thinking processes and tools presented in the course to complete an innovative learning project in collaboration with other students. The project will be based on a real-world scenario involving an external live client identified in consultation with your professor, and you will present your proposed solutions directly with the live client. The project will involve applied research and may involve a multi-disciplinary approach.Throughout the course, novel and adaptive thinking skills and collaboration skills will be evaluated through self assessment and peer assessment, culminating in a personal development plan. This course is designed to give students in a degree programs the opportunity apply innovative thinking to a real-world problem presented by an external client, and to present their proposed solutions. | ||||
Group 9 | ||||
| LEVEL 8 | ||||
| ACCT-7012 | Management Accounting-Adv | 4 | ||
| This advanced course provides students with a conceptual understanding of the design and use of management accounting information. The class explores tools and techniques that enableeffective managerial decisions and learns the role and ethical responsibility of the management accountant in the process of decision making. The course builds on an earlier introduction to Management Accounting and introduces new topics including, design and implementation of effective management control systems, strategic decision making, customer profitability analysis, qualityand time as competitive tools in cost management, supply-chain analysis, agency theory and transfer pricing, performance measures and the balanced scorecard, and emerging issues. | ||||
| FINA-7005 | Taxation-Adv | 3 | ||
| This advanced course is designed to strengthen problem-solving skills. Students will apply tax principles and concepts to complex tax situations of individuals, partnerships, corporations and trusts. Students will be introduced to corporate reorganizations and the concept of tax planning. The course will stress the use of the ITA to solve tax problems. | ||||
| ACCT-7013 | Auditing-Adv | 3 | ||
| This course offers in-depth coverage of the concepts and procedures of external auditing and other assurance engagements. The role of external auditing in society and the current issues, future trends, and environmental factors that impact auditors and the assurance profession, will also be addressed. | ||||
| MGMT-7041 | Strategic Management | 3 | ||
| This course explores the four elements of strategic management from a leadership perspective: environmental analysis, strategy formulation, strategy implementation and evaluation and control. The course also explores the external and internal checks and balances that keep organizations vital, focused and able to respond to change or when unnoticed may lead to failure. Cases are used to bridge theory and practice that integrate the concepts and techniques of marketing, accounting, finance, management, production and information systems with strategic management in relation to performance goals, external shifts, internal capabilities and strategy formulation and implementation. This course also examines corporate governance and latest examples of corporate failure and controversy. | ||||
| DEVL-7001 | Career Development | 2 | ||
| The purpose of this capstone course is to prepare students for careers in their field post-graduation. Students will have an opportunity to reflect on their co-op work term to identify career options, skill gaps, and opportunities to guide them in their career search. Students will also be exposed to a variety of guest speakers and topics that will provide them with an understanding on industry trends, job opportunities, professional accreditation, and key industry insights. Students will also be coached on career search skills, interview and networking skills to help prepare them post-graduation. | ||||
| MGMT-7037 | Capstone Project | 4 | ||
| The purpose of this capstone course is to enable the student to draw on all the tools, both theoretical and practical from previous courses and apply them to a real life business situation; using a business from our community as a living case study. Students will be coached through the process of defining the problem, conducting a comprehensive situation analysis utilizing primary and secondary market research, formulating alternatives and recommending a viable business strategy complete with an action plan for implementation. This course will also focus on developing students time-management, project management, organization, team building, communication and leadership skills. | ||||
Group 10 | ||||
| Co-op Requirement Students Must Complete 1 Co-op Work Term | ||||
| COOP-BCA1W | BCA1 Co-op Work Term | 1 | ||
| Non-Core Courses | ||||
| Take all of the following Mandatory (Non-Core) Courses: The Minimum Cumulative GPA for Non-Core courses is 2.0 | ||||
Group 1 | ||||
| LEVEL 2 | ||||
| COMM-7021 | Argumentation & Persuasion | 3 | ||
| Argumentation and Persuasion is an advanced writing and communications breadth course. The purpose of this course is to examine the sophisticated interrelationship between rhetorical choices (including modes, style, and tone), audience requirements, engagement with outside sources, and texts' ultimate success. Students will learn how to apply these concepts to their own writing, and thus how to construct a variety of successful texts, including advanced argumentation. | ||||
Group 2 | ||||
| LEVEL 3 | ||||
| LIBS-7001 | Ethics in a Global Context | 3 | ||
| The last half century has seen a rapid shift towards globalization. As a result, even our simplest actions and choices can easily and unwittingly impact someone halfway around the world. As good global citizens, we must consider our actions in a global context. This course introduces students to the four most prominent ethical theories - Consequentialism, Duty-based Ethics, Ethics of Care and Virtue Ethics. We consider these theories within the context of a variety of topics including abortion, assisted death, the death penalty, sexual morality, censorship, drug control, human rights, animal rights, economic justice, corporate social responsibility, and environmental issues. | ||||
| MGMT-7042 | Computational Thinking | 3 | ||
| The objective of this course is to introduce students to computational thinking. Students will learn to design and create simple algorithms, break a problem into smaller and more manageable parts, and automate an algorithmic solution to a problem. Topics include: basic algorithmic structures, decomposition, abstraction, automation, evaluation, generalization, and debugging. | ||||
Group 3 | ||||
| Gen Ed - Electives - Take 3 General Education Elective Credits at the Introductory Level from one of the following subjects - Humanities (HUMA), Social Science (SOSC), Math (MATH), Science (PHYS) - Normally taken in Level 3 | ||||
Group 4 | ||||
| Take 6 General Education Elective Credits at the Upper Level (Non-Introductory) - Normally taken in Levels 6 and 7 | ||||
Group 5 | ||||
| Take 9 General Education Elective Credits at either the Introductory or Upper Level - Normally taken in Levels 4 and 5 | ||||
| Program Residency | ||||
| Students Must Complete a Minimum of 37 credits in this program at Fanshawe College to meet the Program Residency requirement and graduate from this program | ||||