Diploma in Business – Accounting
Toronto, Canada
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Jan 2025
TUITION FEES
CAD 17,925 / per year
STUDY FORMAT
On-Campus
Introduction
The Business – Accounting two-year diploma in Toronto provides you with a solid background in basic accounting concepts and practices, as well as broad-based business skills related to accounting application software, spreadsheets and databases, economics, communications, law, and taxation. This rigorous learning experience will enable you to build and demonstrate the skills you need to work in the field of accounting.
These industry-ready skills include:
- processing common business transactions
- preparing reports on an organization's financial performance
- preparing financial budgets and plans to support management decisions
- analyzing operating performance
This Center for Business program is part of our School of Accounting and Finance.
Your Field Education Options
George Brown College endeavors to provide field education opportunities with real-world challenges and clients. Find out more about field education at the Centre for Business.
Admissions
Scholarships and Funding
Scholarships for international students at George Brown College are generally in-program awards based on students’ academic performance (and other criteria) at George Brown College after the beginning of the academic program.
Curriculum
Required Courses
In order to graduate from the B103 program, you need to complete 25 courses: 22 Mandatory courses, and 3 General Education Electives.
Depending on the results of your placement tests, you may be required to take COMM1000 Introduction to College Communication before progressing to COMM 1007. Similarly, you may be required to take MATH1027 (Business Math with Remediation) before progressing to MATH 1191. COMM1000 and MATH 1027 do not count towards the 25 courses required for graduation, and you will be charged for these extra courses. Please speak to the Business Office staff if you need any assistance.
General Education Courses (semesters 2, 3, and 4): You must complete 4 General Education courses. One mandatory (“Successful Social Relations” – GHUM 1087) and 3 chosen from at least 2 of the following categories: Social Sciences (GSSC), Arts and Humanities (GHUM), or Science and Technology (GSCI).
You are required to make up any failed or dropped courses before you are eligible to graduate. You can make up these courses during the day, and some are offered in the evening through Continuing Education. Please check with the business office staff to ensure that the Continuing Education courses are equivalent to what is taught in the full-time program. Note that some courses may not be offered every semester. Our staff can assist you with any special timetable requirements you may have.
| Semester 1 | Semester 2 |
|
Select One General Education Elective |
| Semester 3 | Semester 4 |
Select One General Education Elective |
Select One General Education Elective |
Articulation Agreement
George Brown College has agreements with several universities in Canada, the United States, and abroad that may give you credit for your college diploma.
Program Outcome
The graduate demonstrates the ability to:
- Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and nonprofit 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.
Program Tuition Fee
Career Opportunities
Your Career
Graduates are prepared for careers in a wide range of business sectors including manufacturing, merchandising, service organizations, federal, provincial, and municipal government offices, banks, and other financial institutions. Graduates of the program have found employment as:
- Accounts analyst
- Accounts payable and receivable clerk
- Bookkeeper
- Customer service representative
Future Study Options
This two-year diploma has a pathway to the Business Administration-Accounting B107/B157 three-year advanced diploma.
Designations
Graduates of this program may wish to pursue other designations or credentials such as an Advanced Certificate in Accounting and Finance (ACAF). For information on the ACAF, please contact the Chartered Professional Accountants of Ontario.
Graduates of this program may also wish to pursue membership in the Association of Chartered Certified Accountants (ACCA).
This is an ACCA Accredited Program and provides the following ACCA exemptions:
Two Year Diploma: Business – Accounting
- F1–F3 (On completion)
This program will hold accreditation for a period of 5 years, for graduates from 01/01/2017 to 31/12/2021.
Note: The requirements for each designation/certification are set by the granting body, not George Brown College. In order to qualify for any of these designations/certifications, you need to follow the process listed on its website and meet all the requirements applicable to you.