Professional Accounting Practice

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Courses - January 2026

Level 1

Course details

Managerial Accounting I
ACCT8145

Description:

This course provides students with an understanding of the main concepts and practices of management accounting. Topics include cost accounting fundamentals, job order costing, activity-based costing, preparation of budgets, variance analysis, standard costs, and variable costs.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Introductory Financial Accounting
ACCT8175

Description:

This course in financial accounting reviews the accounting cycle and the preparation of financial statements. Topics include accounting for merchandising activities, accounting for cash, temporary investments, and accounts receivable, inventories and cost of goods sold, capital assets, current and long-term liabilities, partnership accounting and accounting for corporations, the cash flow statement

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Business Law
BUS8131

Description:

This course is an introduction to the legal system which governs personal and commercial relationships in Canada. As such, it will provide the student with knowledge of the basic legal concepts, in order to gain insights into judicial reasoning, and develop the skills necessary for legal inquiry and analysis. Areas covered include contract law, sales of goods and consumer protection, agency, partnership and corporate law, employment regulations, real property, and protection of creativity.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Information Technology
COMP8070

Description:

This course introduces students to the role, structure, and use of information systems in managerial and financial contexts. Students will learn management strategies necessary for effective management of IT implementations. Topics include information technology concepts, the role of information systems in business, systems development, and the societal impact of information systems.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Conestoga 101
CON0101

Description: This self-directed course focuses on introducing new students to the supports, services, and opportunities available at Conestoga College. By the end of this course, students will understand the academic expectations of the Conestoga learning environment, as well as the supports available to ensure their academic success. Students will also be able to identify on-campus services that support their health and wellness, and explore ways to get actively involved in the Conestoga community through co-curricular learning opportunities.
  • Hours: 1
  • Credits: 0
  • Pre-Requisites:
  • CoRequisites:

Economics
ECON8070

Description:

This first portion of this course explores aggregate economic activity in the Canadian economy and its interrelationship with the rest of the world. It provides students with a basic understanding of macroeconomic principles and their relevance to macroeconomic issues impacting Canadian society. It examines the structure and performance of the Canadian economy utilizing such economic indicators as gross domestic product, employment, unemployment, income and productivity growth, inflation, interest rates, exchange rates, balance of international payments and the impact of government fiscal and monetary policies in an international setting. It will analyze current global issues affecting the Canadian economy.

The second portion of this course introduces students to basic microeconomic terminology, concepts, methodology and theories, and provides an understanding of firm behaviour under various market structures in an international setting, and their application to current global microeconomic issues. Topics of study include supply and demand, elasticity concepts and their application; consumer theory; production, costs, and the determination of equilibrium price and output under different market models- perfect competition, monopolistic competition, monopoly, and oligopoly; government export taxes/subsidies and regulation of the market, and international trade.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Statistics
STAT8080

Description:

This business statistics course covers simple descriptive statistics, probability and the binomial and normal probability distributions, statistical inference, sampling distributions, simple and multiple regression, and correlation analysis.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Level 2

Course details

Data Analytics and Information Systems
ACCT8155

Description:

This course will introduce the student in the use of relational database management systems to manage operations for international organizations. Students will also be introduced to the concept of data analysis and decision support with an emphasis in the basics of data warehouses.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: COMP8070
  • CoRequisites:

Intermediate Financial Accounting Part 1
ACCT8185

Description:

This course focuses on the financial reporting process in accordance with generally accepted accounting principles (GAAP) as codified in the CPA Handbook. The course covers the conceptual framework and current landscape of financial reporting; statements of financial position, comprehensive income, cash flows and shareholders' equity; cash and receivables; revenue; inventory; property plant and equipment; intangible assets; and investments. Along with the integration of the International Financial Reporting Standards (IFRS) and their comparison with Accounting Standards for Private Enterprises (ASPE) or different topics, this course help to understand, prepare and use financial information by linking education with the 'real-world’ accounting environment.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: ACCT8175
  • CoRequisites:

Intermediate Financial Accounting Part 2
ACCT8195

Description:

This course covers an in-depth analysis of topics related to liabilities and shareholders' equity in accordance with generally accepted accounting principles (GAAP) as codified in CPA handbook. The course includes the current and long-term liabilities, shareholders' equity, complex financial instruments, pensions and other employee future benefits, income taxes, leases, calculation of earnings per share and the preparation of cash flow statements for more complex situations. Along with the integration of the International Financial Reporting Standards (IFRS) and their comparison with Accounting Standards for Private Enterprises (ASPE) for different topics, this course help to understand, prepare and use financial information by linking education with the 'real-world’ accounting environment.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: ACCT8175
  • CoRequisites:

Managerial Accounting II
ACCT8250

Description:

This course develops a conceptual understanding of the role of management accounting information. Topics include management accounting and decision making, capital budgeting, contemporary approaches to produce costing, activity-based management, agency theory, responsibility accounting, transfer pricing, and ethical considerations. This course develops a conceptual understanding of the role of management accounting information. Topics include management accounting and decision making, capital budgeting, contemporary approaches to produce costing, activity-based management, agency theory, responsibility accounting, transfer pricing, and ethical considerations.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: ACCT8145
  • CoRequisites:

Taxation I
ACCT8270

Description:

This course includes theoretical and in-depth practical study of the Canadian federal income tax system. Topics include the use of tax- related materials, rights and obligations under the Income Tax Act, liability for tax, and the calculation of net income for individuals, who are not trusts, and corporations and taxable income and tax payable for individuals who are not trusts.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites: ACCT8175
  • CoRequisites:

Effective Writing
COMM8041

Description: In Canadian business environments, it is expected that communication is effective, persuasive, and ethical. This course will teach students how to plan, write, and revise business documents. Students will be introduced to various written business communication formats and the strategies behind their development. This course will help students develop critical thinking and analysis, research, writing, editing and presentation skills.
  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Level 3

Course details

Performance Management Accounting
ACCT8260

Description:

This is a capstone course for students requiring them to apply the principles and knowledge obtained in all other business disciplines to a specific business situation whether domestic or international. The course uses a broad theoretical perspective combined with experiential learning to equip students with the knowledge, attitudes and behaviors needed to effectively participate in the development of overall strategy and operational tactics, and to prepare students to participate in the strategic planning process within a global economy. Adopting a resource-based view of the firm, students will be exposed to leading strategic theories and tactics at global, corporate, business units and functional levels. Students will be asked to analyze sources of competitive advantage and profitability using a wide range of approaches to develop a comprehensive SWOT (Strengths Weaknesses Opportunities Threats) analysis and to formulate realistic recommendations.

Differences among embryonic, growth and mature industries, and the techniques needed to prosper in technologically driven industries, will be examined. Specific challenges and techniques associated with entry into international markets will be explored, along with the challenges associated with resource allocation. Students will have an opportunity to explore techniques to foster B2B and B2C relationships.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites: ACCT8185
  • CoRequisites:

Taxation II
ACCT8280

Description:

This course continues the practical study of the Canadian income tax system. Topics include the calculation of taxable income and tax payable for trusts and corporations, planning with a corporation, rollovers and elections, other advanced topics in determining net income, and reporting issues related to non-residents. The Harmonized Sales Tax will be introduced.

  • Hours: 70
  • Credits: 5
  • Pre-Requisites: ACCT8270
  • CoRequisites:

Auditing
ACCT8290

Description:

This introductory course covers auditing concepts and procedures that an audit assistant would encounter for external risk-based auditing. Topics include standard reports; generally accepted auditing standards; audit objectives, evidence, and documentation; planning and analysis; materiality and risk; internal control; and audit completion. The functions and procedures related to the revenue and collection cycle, acquisition and expenditure cycle, inventory and capital asset balances, production and payroll cycle, and finance and investment cycle are studied.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: ACCT8175
  • CoRequisites:

Corporate Finance
FIN8105

Description:

This Finance course provides an in-depth study of issues and tools that will assist financial managers in making decisions. Topics include capital budgeting under uncertainty; long-term sources of funds; financial leverage; capital structure; financing options; dividend policy; business valuations; mergers and acquisitions; investment decisions; futures, forwards, options, and swaps; risk management (foreign exchange and interest rate); financial planning; leasing; as well as long-term planning and strategic issues in finance.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites: ACCT8195
  • CoRequisites:

Program outcomes

  1. Apply effective, ethical, and professional communication strategies to produce high quality business documents and facilitate positive oral interactions.
  2. Prepare accurate, relevant, and timely corporate financial statements and other financial information according to the respective needs of stakeholders
  3. Identify and analyze relevant financial and managerial accounting information to support effective decision-making
  4. Produce and present accurate and timely financial and other business information, using technology and effective communication strategies to support business decision processes.
  5. Use statistical techniques in the analysis of financial information to support the accounting needs of respective stakeholders
  6. Recommend effective information systems structures to support efficient business operations
  7. Make recommendations to mitigate risks associated with the legal limitations and implications in a business scenario and accounting practice.
  8. Consult with stakeholders on complex finance and accounting issues to support evidence-based decision making
  9. Witness and reflect on the role of accounting in ethical management decision-making to support social, economic, environmental responsibility of organizations
  10. Apply corporate finance techniques to support strategic and operational management decisions
  11. Interpret and apply personal and corporate tax legislation to ensure compliance
  12. Plan effective external, internal and information systems audits to meet compliance and assurance requirements