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  • Accounting – Business

Accounting – Business

MINISTRY-APPROVED PROGRAM TITLE: BUSINESS – ACCOUNTING


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Credential
Ontario College Diploma
Location
Oshawa
OCAS Code
ACCT
Next Intake
September 2023
View all intakes
Faculty
Faculty of Business
Length
Four semesters
Laptop
Learn more about laptop requirements
Delivery
More than 75% of this program is delivered in-person. Learn more.
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Program Overview

Accounting is often referred to as the universal language of business. Durham College’s Accounting – Business program is the next step towards a career in the field of accounting. Learning from industry-connected professors, you will develop your knowledge of accounting using the latest tools and technology in order to gain the skills employers need. You will be exposed to QuickBooks Online, QuickBooks Desktop, Sage 50 and Profile. You will also have the opportunity to earn Microsoft Office specialist certifications.

Intakes and Availability

Date Domestic Availability International Availability
September 2023OpenClosedApply now
January 2024OpenOpenApply now
May 2024Open Apply now
ProgramHighlights
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Durham College announces partnership with Chambers of Commerce and Boards of Trade across Durham Region
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Other Resources
  • Graduate Employment Report [PDF]
  • Attend a Program Information Webinar
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Management /Budgeting
Practical Learning
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Admission Requirements

  • Ontario Secondary School Diploma (OSSD) or Mature Student Status
    AND
  • Grade 12 English (C or U)
  • Grade 11 mathematics (C, M or U)

September or January Start

  • You may enter Year 1 of the Business or Business Administration program in September or January; and
  • If you begin classes in January, you will complete semesters 1 and 2 from January to August and start Year 2, Semester 3 immediately (in September)

MAY START

This program is offered in a consecutive format (16 months) from May until the following August. If you begin classes in May, you will complete semester 2 in September, semester 3 in January and semester 4 in May.

Tuition

  • Year one domestic: $2,722 (CAD)
  • Year one international: $14,530 (CAD)

View full costs

Semester 1 Courses

  • Accounting 1 (ACCT 1100)
  • Business Computer Applications 1 (COMP 1112)
  • Financial Planning (FINC 1100)
  • Human Resource Management 1 (HURM 1100)
  • Marketing 1 (MKTG 1100)
  • Supply Chain Management (SCMT 1100)

View all courses

Management /Budgeting
Management /Budgeting
Practical Learning
Practical Learning
Laptop Program
Laptop Program

Career Options

WHAT YOU COULD BE:

  • Accounting administrator
  • Bank teller
  • Billing analyst
  • Bookkeeper/payroll clerk
  • Budget coordinator
  • Collections officer
  • Financial analyst
  • Junior accountant
  • Personal tax preparation clerk

View all career options

Program Details

NOTE: Students enrolling in this program are required to purchase their own laptop. For specific hardware and software requirements for this program click here.

Used in a wide variety of organizations, accounting involves measuring business activities; processing information into financial reports and statements; and communicating information to the appropriate decision-makers. To meet the wide range of accounting employment opportunities, Durham College incorporates a variety of simulations into the courses to help prepare students for the workplace. Students will be exposed to QuickBooks Online, QuickBooks Desktop, Sage 50, and Profile. Courses include:

  • Business Mathematics
  • Communication
  • Computerized Accounting and Excel
  • Managerial Accounting
  • Financial Accounting
  • Personal Taxation

Students can also earn the following globally recognized certificates by taking Microsoft Office Specialist exams as part of their computer courses:

  • Microsoft Office Specialist: Word Associate (COMP1209)
  • Microsoft Office Specialist: PowerPoint Associate (COMP1209)
  • Microsoft Office Specialist: Excel Associate (COMP2209)
  • Microsoft Office Specialist: Excel Expert (if applicable currently will be offered in Accounting and Supply Chain programs)

Students who successfully pass all three exams can earn an extra certificate that recognizes their accomplishment with the Microsoft Office Specialist: Associate (Office 365 and Office 2019) certificate. DC students are provided access to Microsoft Office 365 through the college’s Microsoft Office account. See more details about this opportunity.

Please note:

  • This program can be completed in two years and provides entry-level training accounting.
  • Pathways are available to the third year of the Business Administration - Accounting program, which leads to the Bachelor of Commerce (Honours) at Ontario Tech University, the Bachelor of Business Administration at Trent University, and other pathway agreements. For more information view our transfer guide.
  • Students can transfer to any other first-year business program at Durham College after the first semester.

As a graduate, you can apply to return for a third year to complete the Accounting – Business Administration three-year Ontario College Advanced Diploma.
Subject to additional education and training requirements, you may be eligible to apply your credits towards other related certifications, including:

  • Certified Bookkeeper (CB)
  • Payroll Compliance Practitioner (PCP)
CPB logo
By enrolling in Accounting - Business, you will be aligned with Canada’s largest and fastest-growing certifying body of bookkeepers. Graduates will have the opportunity to fast-track toward the nationally recognized Certified Professional Bookkeeper (CPB) designation. Students will also have access to a preferred student membership rate, full of member benefits that will provide access to continuing education and networking opportunities with bookkeeping professionals across Canada!

ACCREDITATIONS AND ASSOCIATIONS

First-year students enrolled in a diploma program or select graduate certificate program through the Faculty of Business will receive a membership to all eight of Durham Region’s Chambers of Commerce and Boards of Trade for the duration of their studies, plus an additional year following graduation. As one of the only colleges in Ontario with this offering, DC is proud to provide students access to local businesses at a regional level.

The eight Chambers of Commerce and Boards of Trade include:

  • Ajax-Pickering Board of Trade
  • Brock Board of Trade
  • Clarington Board of Trade
  • Greater Oshawa Chamber of Commerce
  • Newcastle and District Chamber of Commerce
  • Scugog Chamber of Commerce
  • Uxbridge Chamber of Commerce
  • Whitby Chamber of Commerce

Membership benefits:

  • Opportunities to connect with over 2,500 local businesses and jumpstart your career by networking with potential future employers;
  • Access to professional development events across Durham Region to gain unique business insights and learn from industry leaders; and
  • Learning opportunities to develop the in-demand skills to launch a successful career.

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Program Learning Outcomes

  1. Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises, and non-profit organizations.
  2. Prepare and present financial statements, reports, and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, and private enterprises.
  3. Contribute to recurring decision-making by applying fundamental management accounting concepts.
  4. Prepare individuals’ income tax returns and basic tax planning in compliance with relevant legislation and regulations.
  5. Analyze organizational structures, the interdependence of functional areas, and the impact those relationships can have on financial performance.
  6. Analyze, within a Canadian content, the impact of economic variables, legislation, ethics, technological advances, and the environment on an organization’s operations.
  7. Outline the elements of an organization’s internal control system and risk management.
  8. Contribute to recurring decision-making by applying fundamental financial management concepts

Admission Requirements

  • Ontario Secondary School Diploma (OSSD) or Mature Student Status
    AND
  • Grade 12 English (C or U)
  • Grade 11 mathematics (C, M or U)

September or January Start

  • You may enter Year 1 of the Business or Business Administration program in September or January; and
  • If you begin classes in January, you will complete semesters 1 and 2 from January to August and start Year 2, Semester 3 immediately (in September)

MAY START

This program is offered in a consecutive format (16 months) from May until the following August. If you begin classes in May, you will complete semester 2 in September, semester 3 in January and semester 4 in May.

Courses

The courses listed below are for incoming students. If you are a current student, please refer to your program of study for the year you began your program. Your program of study can be found on MyDC.

Semester 1

  • Accounting 1 (ACCT 1100)
  • Business Computer Applications 1 (COMP 1112)
  • Financial Planning (FINC 1100)
  • Human Resource Management 1 (HURM 1100)
  • Marketing 1 (MKTG 1100)
  • Supply Chain Management (SCMT 1100)

Semester 2

  • Accounting 2 (ACCT 1211)
  • Communication Foundations (COMM 1100)
  • Business Computer Applications 2 (COMP 1214)
  • Macroeconomics (ECON 1202)
  • General Education Elective (GNED 0000)
  • Business Law for Accounting (LAWW 1200)
  • Business Mathematics (MATH 1207)

Semester 3

  • Intermediate Accounting 1 (ACCT 2100)
  • Managerial Accounting (ACCT 2102)
  • Business Communications 2 (COMM 3202)
  • Accounting Software Applications (COMP 2107)
  • General Education Elective (GNED 0000)
  • Project Management - Accounting (PJMT 2102)
  • Statistics (STAT 2101)

Semester 4

  • Intermediate Accounting 2 (ACCT 2211)
  • Managerial Accounting 2 (ACCT 2212)
  • Personal Taxation (ACCT 2213)
  • Microeconomics (ECON 2203)
  • Critical Thinking and Ethics (ETHC 2202)
  • General Education Elective (GNED 0000)
  • Management Information Systems (MGMT 2210)

Courses and course descriptions are subject to change. Please note that as a result of COVID-19 the 2023-2024 program of study may be modified to accommodate program delivery changes.

Course delivery

More than 75% of this program is delivered in-person.

The rest of the coursework will be delivered using hybrid, flexible or online formats. Students will come to campus to complete in-person learning requirements.Detailed schedules, with course-specific delivery information, will be available after registration. Courses, course descriptions and delivery formats are subject to change.

In-person:
Course is delivered in person, on campus within a classroom, lab, shop or studio.
Flexible:
Course is taught in one of DC’s technology-enabled learning classrooms and online at the same time. Students can choose to attend in-person or online.
Hybrid:
Part of the course is delivered online, remotely, and part is in-person on campus within a classroom, lab, shop or studio.
Online:
Fully remote course delivery.

Costs

Career Options

WHAT YOU COULD BE:

  • Accounting administrator
  • Bank teller
  • Billing analyst
  • Bookkeeper/payroll clerk
  • Budget coordinator
  • Collections officer
  • Financial analyst
  • Junior accountant
  • Personal tax preparation clerk

WHERE YOU COULD WORK:

  • Accounting firms
  • Accounting departments in any industry
  • Banks and insurance companies
  • Colleges and universities
  • Municipal and provincial governments

Program Transfer, Degree Completion and Additional Credentials

As a graduate, you can apply to return for a third year to complete the Accounting – Business Administration three-year Ontario College Advanced Diploma.
Subject to additional education and training requirements, you may be eligible to apply your credits towards other related certifications, including:

  • CPA Canada Advanced Certificate in Accounting and Finance (ACAF)
  • Certified Bookkeeper (CB)
  • Payroll Compliance Practitioner (PCP)

Durham College also offers degree completion opportunities with a number of Canadian and international institutions. Sample diploma-to-degree opportunities include:

  • Bachelor of Commerce (Honours) bridge – Ontario Tech University (Ontario Tech)
  • Bachelor of Arts (Honours) – Educational Studies and Digital Technology - Ontario Tech
  • Bachelor of Commerce - Athabasca University
  • Bachelor of Commerce with major - Athabasca University
  • Bachelor of Human Resources and Labour Relations - Athabasca University
  • Bachelor of Management (three-year, four-year, four-year with major) - Athabasca University
  • Bachelor of Business Administration (Accounting Information Management) - Davenport University
  • Bachelor of Business Administration (Accounting Fraud Investigation) - Davenport University
  • BBA/MBA (Professional Accountancy) - Davenport University
  • Bachelor of Business Administration (Finance) - Davenport University
  • Bachelor of Business - Griffith University
  • Bachelor of Business Administration - Royal Roads University
  • Bachelor of Commerce in Entrepreneurial Management - Royal Roads University
  • Bachelor of Business Administration (with the option to pursue a specialization in Accounting) - Trent University
  • Bachelor of Arts (Honours) – Business and Management with Accounting and Finance - University of the West of England, Bristol

Please visit our pathways page to learn more about how you can transfer your credits towards a degree.

Laptop Requirements

MINIMUM RECOMMENDED HARDWARE

  • Laptop: Personal computer (PC). A Mac is not recommended – see notes below*
  • Operating System: Windows 10 Professional (64-bit only) and later
  • Processor: Intel Core i5 or better
  • Memory: 4 GB of RAM (8 GB preferred)
  • Hard Drive: 250 GB or larger (Solid State Drive (SSD) preferred)
  • Warranty: 3 years parts and labour (On-site preferred)
  • 2 USB ports
  • Webcam
  • Microphone (headset preferred)

*Mac Computers

  • Some required software applications are not available for Mac.
  • Students who choose a Mac may need to purchase additional software to complete assessments and class exercises at their own cost.

SOFTWARE REQUIREMENTS

  • Windows 10 Professional (64-bit only)
  • Microsoft Office 2019 or 365 (Students will be provided access to Microsoft Office 365 through the College’s Microsoft Office account)
  • Internet Explorer
  • Mozilla Firefox
  • Acrobat Reader
  • Real Player
  • Windows Media Player
  • Adobe Flash Player and Browser Plug-in
  • K-Lite Codec Pack
  • AVG
  • Avira

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Land Acknowledgement

Durham College is situated on the traditional lands of the First Peoples of the Mississaugas of Scugog Island First Nation. These lands are covered under the Williams Treaties and rest within the traditional territory of the Anishinaabeg. We offer our gratitude to the Indigenous Peoples who care for and, through the treaty process, share the lands on which we live, learn, teach and prosper today.

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2000 Simcoe St. N.
Oshawa, ON, Canada L1G 0C5

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1610 Champlain Avenue
Whitby, ON, Canada L1N 6A7

905.721.2000
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