Advanced Accounting in Canada

This course is an introduction to internal and external auditing principles and procedures. Topics include: reporting; the ethical and legal environment; audit objectives, audit evidence; audit planning and analytical review; materiality and risk; internal control; and EDP and audit sampling. Audit of the sales and collection cycle and payroll and personnel cycle are also studied.

Topics covered include the collection, classification, analysis and presentation of numerical data; measures of location and variability; probability; random samples and sampling distributions; estimation of parameters; testing hypotheses; regression and chi-square. This course is followed by the Quantitative Methods 1 course.

This course introduces the fundamentals of interpersonal and group interaction including written, verbal, and non-verbal communication. We look at options in presentation preparation and delivery techniques, awareness of tone, consideration of audience, and selection of indirect and direct message organization.

Gain knowledge about the legal aspects of doing business in Canada. Topics include the Canadian legal system, statutory and common law principles; contract law; tort (negligence) law; public and private company law; commercial law; banking law; debtor-creditor relations; agency theory; real and personal property law; and intellectual property law. Apply legal principles and analysis to everyday challenges faced by Canadian businesses.

This is an introduction to the issues, concepts, and theories of micro and macroeconomics. This course provides practice in applying economic reasoning to decision-making and forecasting problems in business, industry, and government.

This foundation course in managerial finance focuses on the major decisions made by the financial executive. Content includes: analysis of the financial environment and its components; security valuation; the determinants of interest rates; strategic decisions in capital budgeting, cash flow estimation; the cost of capital; working capital management; and financial planning.

An in-depth study of issues and tools that assist financial managers in decision-making. Topics include: capital budgeting under uncertainty; long-term sources of funds; capital structure; dividend policy; special financing and investment decisions; futures, forwards, options, and swamps; treasury risk management; financial planning; and long-term planning strategic issues in finance.

This introductory course in financial accounting reviews the accounting cycle and the preparation of financial statements. Topics include: accounting concepts; recording transactions; adjusting accounts, preparing statements and completing the accounting cycle; accounting for merchandising activities; and inventories and special journals.

Topics include: internal controls and accounting for cash, temporary investments, and receivables; capital assets; current and long-term liabilities; accounting for partnerships and corporations; cash flow statements; and conceptual framework of accounting.

The course focuses on the asset side of the balance sheet. The first part of the course covers financial reporting and accounting concepts, income statement and balance sheet presentation, the cash flow statement, and revenue and expense recognition. The second half of the course covers current monetary balances, inventory and cost of goods sold, temporary and long-term investments, and capital assets.

This intermediate financial accounting course emphasizes on liabilities and equities. Topics include: legal and financial aspects of partnerships and corporations; current and long-term liabilities; shareholders; equity; complex debt and equity instruments; leases; accounting for income taxes; pension and other post-employment benefits; accounting changes; cash flow statement; and the analysis of financial statements.

This course provides an in-depth study of the major areas of advanced financial accounting: standard setting in Canada and internationally, financial instruments, income tax allocation, long-term intercorporate investments, consolidation, foreign currency translation and the translation and consolidation of foreign subsidiaries, and not-for-profit and public sector accounting.

Learn the foundational concepts and practices of management accounting. Topics include: costing accounting fundamentals; job and process costing; cost-volume-profit analysis; budgeting and control; inventory costing; and information for management control and decision analysis.

Topics covered in this course include: cost flows in organizations; cost estimation and regression analysis; planning models; linear programming; decision making models; cost-volume-profit analysis; financial modeling; issues in management control; responsibility accounting; transfer pricing; executive incentives; and compensation.

This introductory course combines management and accounting into a computer-based information system. Explore the different types of hardware and software necessary to an organizations effective work environment. Explore ways to successfully obtain and process information to enhance business performance by integrating network topologies, files and database methods. Learn to make sound decisions and solve problems by taking a closer look at each stage of the life cycles of information systems for successful implementation.

Topics covered in this course include: data and data presentation; probability; decision analysis; sampling distributions; applications of sampling and risk analysis; statistical estimation, hypothesis testing; regression and correlation; multiple regression; index numbers; time series; statistical decision theory; and an introduction to linear programming.

Learn to maximize your organization’s financial resources potential to better plan for the future by analyzing both internal and external factors. This course will expose students to the current trends in theory and application of strategic management with a focus on financial implications. In addition, learn how to handle complexity and uncertainty of the organization, industry and markets. Business level, corporate level strategies, competitive and industry analysis will be reviewed.   This course will have a strong emphasis on financial and non-financial strategic objectives to play a role in the organization’s longevity. 

This course covers the fundamental principles, concepts, and application of Canadian federal income tax legislation, including the structure of the Income Tax Act. The topics covered include: income and liability for tax; income from employment, business, and property; deductions; capital gains and losses; and computation of taxable income for individuals and corporations.

Software Courses:

Easy-to-use QuickBooks has become one of the most popular accounting programs in Canada with small business managers, bookkeepers, and accounting professionals. This course provides hands-on instruction on setting up QuickBooks, customizing forms, and processing sales transactions, invoices, and bill payments, as well as managing inventory, payroll, and sales taxes. You will also learn to use QuickBooks to analyze financial data and improve your business strategies.

This course will teach you how to work with more advanced topics, such as banking and credit cards, foreign currencies, payroll, and how to customize settings. Additional topics include generating employee T4 slips and Record of Employment.

Sage 50 is the popular and easy-to-use accounting software for home offices and small businesses. Learn to set up company files and enter transactions for general ledger, accounts receivables, accounts payable, and inventory, and how to manage capital expenses.

Build upon your knowledge from Sage 50-1 by adding multi-currency transactions, bank reconciliations, payroll, customized reporting features, credit card payment, and receipts. Enter company histories and learn such important topics as network security, projects, and setting budgets.

This course covers the setup and transaction processing of the Sage 300 Accounts Payable module. Topics include the recording of Accounts Payable Invoice, Adjustment, and Payment transactions. Other topics including vendor and vendor group maintenance will be discussed. At the end of the course, you will have the appropriate skills to work effectively as an Accounts Payable clerk with the Sage 300 software.

This course focuses on recording transactions and analyzing reports in the General Ledger and Accounts Receivable module. Topics will include the advanced recording and editing of GL Journal Entries, and reporting of the Financials data. In addition, you will also learn to create and record invoices, payments, and adjustments in the Accounts Receivable module. Finally, there will be an in-depth discussion on how to reconcile bank statements using the appropriate modules.

Courses of Interest: 

Use Excel to create effective and attractive spreadsheets. Enhance their appearance with borders, shading, font, and formatting. Master advanced techniques such as formula, relative and absolute references, goal seek, and calculations with dates. Analyze your results with charts and format your worksheets for high-impact print-outs

Enhance functionality of your excel spreadsheets with nested functions, If statements, Vlookup, Pivot tables, and charts. Increase efficiency by linking cells, worksheets, and workbooks. Analyze data using subtotal functions and advanced filters. Enrich data analysis visually using conditional formatting. Incorporate workbook security features and more.

Whether youre a beginner or simply want to refresh your skills, this course is the perfect introduction to the Office Suite. Create professional looking documents with Word, functional spreadsheets with Excel, and dynamic presentations with PowerPoint.