ACCOUNTING & PAYROLL MANAGEMENT
CERTIFICATE AND DIPLOMA PROGRAM
Getting your accounting career started is easy as 1, 2, 3 with the Accounting & Payroll program. Accounting technicians are involved in the day-to-day practical work of accountancy and play a key operational role in producing reliable financial information. They may also perform a wide range of finance roles, from accounts clerk to financial controller and beyond. Study in a flexible way while keeping your work and life commitments intact. The Accounting & Payroll management program prepares you to work as a paraprofessional doing much of the support work for accountants in industry, private practice and government. Use your diploma to expand your professional opportunities by laddering into the Bachelor of Commerce and eventually work toward the Chartered Professional Accountant (CPA) designation.
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Program Learning Outcomes
- Recognize and understand ethical issues related to the accounting profession.
- Prepare financial statements in accordance with Generally Accepted Accounting Principles.
- Employ critical thinking skills to analyze financial data as well as the effects of differing financial accounting methods on the financial statements.
- Effectively define the needs of the various users of accounting data and demonstrate the ability to communicate such data effectively, as well as the ability to provide knowledgeable recommendations.
- Recognize circumstances providing for increased exposure to fraud and define preventative internal control measures.
- Demonstrate an understanding of current auditing standards and acceptable practices, as well as the impact of audit risk on the engagement.
- Understand the audit process from the engagement planning stage through completion of the audit, as well as the rendering of an audit opinion via the various report options.
- Apply cost accounting methods to evaluate and project business performance.
- Demonstrate an understanding of the taxation of individual income.
- Apply appropriate judgment derived from knowledge of accounting theory, to financial analysis and decision making.
- The student will experience real-world learning and application of skills via their internship. Note: Specific outcomes will vary by assigned internship experience
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Instructional Activities, Design and Delivery Mode
The program consists of ten 45-hour courses at the certificate level, and a Capstone Project. Upon successful completion of ten additional 45-hour courses at the diploma level, graduates are awarded our College Diploma.
Evaluation of Student Learning
Evaluation of student learning is based on completion of course assignments or projects. Due dates and criteria for successful completion of each course assignment will be outlined by the instructor at the beginning of each course.
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Courses and Outlines
| Course Name | Course Code | Course Level | Course ID | Course Credit | Course Outline |
|---|---|---|---|---|---|
| Introduction to Financial Accounting | APAM-IFA | 1 | APAM-IFA-001 | 3 | After completing this course, you will be able to analyze and prepare a set of basic financial statements. You will begin by examining the accounting cycle of a corporation in the service sector, learning how financial transactions are processed through the accounting information system each accounting period. You will then examine accounting for merchandise operations as well as inventory and cost of sales. Special issues regarding balance sheet components are reviewed in detail, including: internal control and cash ? accounts receivable ? property, plant and equipment assets ? short-and long-term liabilities. Additional financial accounting issues related to the corporate form of organization are examined later in the course, followed by an introduction to the statement of cash flows. Generally accepted accounting principles and ethics are examined throughout the course as they relate to each area. You will learn to apply basic tools for analyzing financial statements. Finally, you will be introduced to basic accounting issues related to the sole proprietorship and partnership forms of business organization. |
| Organizational Behaviour | APAM-OBE | 1 | APAM-OBE-001 | 3 | Organizational Behaviour is an introductory course which teaches social science theory as applied to the business world. It provides rich insights about working people in all kinds of organizations and also suggests how people may be motivated to work together more productively. |
| Business Statistics | APAM-BUS | 1 | APAM-BUS-001 | 3 | This course consists of an introduction to business statistics including methods of describing, summarizing, graphically presenting, measuring and analyzing statistical data, probability distributions, variance applications, sampling distributions and control charts. The course emphasizes how to apply various statistical techniques in the support of managerial decisions in the various functional areas of business. Students will be required to use the recommended calculator to present and analyse statistical data. |
| Business Law | APAM-BUL | 1 | APAM-BUL-001 | 3 | This course introduces the student to the legal and ethical framework of business. Contracts, negotiable instruments, the law of sales, torts, crimes, constitutional law, and the court systems are examined. This course covers the legal framework within which business takes place. The student learns how to avoid legal problems. Major topics include: the Canadian legal system, torts, contract law, the Sale of Goods Act, consumer protection, and employment law. Upon completion the student should be able to identify legal and ethical issues that arise in business decisions and the laws that apply to them. |
| Business Communications | APAM-BCO | 1 | APAM-BCO-001 | 3 | This introductory course in business communication, is designed to prepare students for the types of business formats and writing that they will encounter in the world of work. Students learn and practice formal and informal business communications formats including letters, memos and business presentations and apply these formats to a variety of purposes and audiences. Students will learn to solve communication situations by analyzing their intended audience, detemining their purpose and, selecting and applying appropriate business communication strategies. Students will learn to develop attitudes, practice skills and gain knowledge necessary for success both in their college studies and in their chosen career. |
| Microeconomics | APAM-MIC | 1 | APAM-MIC-001 | 3 | This course discusses the terminology, concepts, theory, methodology and limitations of current microeconomic analysis. The course provides students with a theoretical structure to analyze and understand economics as it relates to individuals and businesses. In addition, it seeks to provide students with an understanding of how political, social and market forces determine and affect the Canadian economy. This introductory course explores the principles of production and consumption and the exchange of goods and services in a market economy. In particular, it compliments courses in the Business Administration program by highlighting the various market mechanisms that influence managerial decision-making. |
| Introduction to Management | APAM-IMA | 1 | APAM-IMA-001 | 3 | Students examine a basic framework for understanding the role and functions of management and an explanation for the principles, concepts and techniques that can be used in carrying out these functions. Topics include planning, organizing, staffing, leading and controlling, as well as decision-making and managing change. |
| Introduction to Finance | APAM-INF | 1 | APAM-INF-001 | 3 | The goal of this course is to equip students with the essential tools to make solid financial decisions in business. Competition, whether in the marketplace, on the athletic field, or in the classroom typically drives the participants to higher levels of performance than they would otherwise achieve. As such, this finance course is an intellectual competition between students. All grades are determined competitively, so it is essential that all students understand the rules of the game. This syllabus makes explicit all of the policies of this course and it is your responsibility to be completely familiar with all of them. The policies of this course are designed with one paramount goal in mindto maintain an absolutely fair competitive environment in which you can achieve the highest possible performance. All rules contained herein will be applied to all students equally and without exception. |
| Introduction to Human Resources | APAM-IHU | 1 | APAM-IHU-001 | 3 | Students are introduced to the management of an organization’s workforce through the design and implementation of effective human resources policies and procedures. Current Canadian issues and practices are examined. Topics include the need for human resources management and its growing professionalism; human resource planning including job design and analysis; recruitment and selection; compensation; employee development; workplace health and safety; and employee relations. |
| Payroll Fundamentals I | APAM-PAY | 1 | APAM-PAY-001 | 3 | In the Payroll Fundamentals 1 course, students learn how to apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations. Students will have the content and skills to effectively communicate all aspects of the individual pay calculation process to external and internal stakeholders. This course is designed to provide the payroll student with the theory and knowledge required to: Calculate regular individual net pay Calculate non-regular individual pay Calculate termination payments Complete a Record of Employment Communicate all aspects of individual pay requirements to stakeholders. |
| Corporate Finance | APAM-BFI | 2 | APAM-BFI-002 | 3 | This course is for the financial manager, designed to develop a student’s ability to apply a variety of financial calculations to a range of business problems, including capital budgeting decisions, management of funds, security analysis and the financial implications of various kinds of investment, financing and dividend decisions. |
| Macroeconomics | APAM-MAC | 2 | APAM-MAC-002 | 3 | Students examine how the economy behaves at the aggregate level and how national income is measured and determined. Topics include an overview of macroeconomics; measuring gross domestic product, inflation and unemployment; demand including the multiplier process; supply, business cycles, long-term growth; money, banking and monetary policy; inflation; interest rates; stagflation; deficits and fiscal policy; exchange rates and balance of payments; exchange rate policy; purchasing power and interest rate parity. |
| Intermediate Financial Accounting I | APAM-IFA | 2 | APAM-IFA-002 | 3 | This course is part of the curriculum for the full-time Accounting diploma program. The course examines advanced financial accounting topics related to the Balance sheet, Income Statement and the Statement of Cash Flows. There is a discussion of the conceptual framework, generally accepted accounting principles, the accounting process and alternate revenue recognition methods. Balance sheet topics include cash, receivables and inventories. The course examines the uses of earnings per share and disclosure notes to facilitate comparisons between companies and the role of accounting standards in improving the quality of earnings information available to financial statement users. Instructional strategies include lectures, class discussion and problem solving and research. Assessment methods include assignments, quizzes and tests with a focus on theory and application. Instructional strategies include lectures, class discussion and problem solving. |
| Intermediate Financial Accounting II | APAM-ACC | 2 | APAM-ACC-002 | 3 | Building on Intermediate Financial Accounting 1, students learn to prepare the current liabilities, long-term liabilities, and shareholders’ equity sections of the statement of financial position and the cash flow statement. Topics include current liabilities and contingencies; long-term financial liabilities; shareholders’ equity; complex financial instruments and earnings per share; income taxes; pension and other employee future benefits; leases; accounting changes and error analysis; the cash flow statement; and other measurement and disclosure issues. |
| Management Accounting | APAM-MAN | 2 | APAM-MAN-002 | 3 | This course explores the use of accounting information, especially cost analysis, by management in the planning and controlling of organizations. Topics include budgeting, cost systems, reports and information. You must take Introductory Accounting before Managerial Accounting. This course is focused on providing managers of all types of organizations with the information they need to conduct their affairs; should develop the techniques for providing information for planning, directing operations and solving problems. It is a major information source for managers, but it does not presume to be the only information for aiding managerial tasks. |
| Payroll Compliance Legislation | APAM-PAL | 2 | APAM-PAL-002 | 3 | Learn about the payroll compliance responsibilities that affect organizations. Also develop knowledge to comprehend payroll legislation, and to effectively communicate these to all stakeholders. This course provides students with the payroll-related legislation affecting organizations as well as the tools to find information and apply that information to different scenarios in relation to individual pay. |
| Cost Accounting | APAM-COA | 2 | APAM-COA-002 | 3 | Cost Accounting expands on the introductory cost concepts studied in the Managerial Accounting course. It introduces additional concepts related to cost accumulation, product costing, cost allocation and variance analysis including the limitations of such systems. The course emphasizes the preparation and use of relevant information for planning, control and decision making as well as financial reporting. |
| Employee Benefits & Compensation | APAM-EBE | 2 | APAM-EBE-002 | 3 | This course focuses on the choices that confront Canadian managers who wish to manage compensation strategically. These choices will be understood through the guiding principles of effective compensation systems: internal alignment, external competitiveness, employee contributions, and management of the pay system. Using the Total Compensation Model, an integrated decision-making framework, this course is designed to provide students with an understanding of the art and science of creating strategic compensation and rewards systems with due regard to the legal context. Discussion and applications of recent theory, research, and practice will outline the way in which managers decide what to pay each employee. |
| Automated Accounting | APAM-AUT | 2 | APAM-AUT-002 | 3 | This course discusses the accounting software available for small to medium-sized organizations. Through hands-on experience with Simply Accounting and QuickBooks, students will develop a working knowledge of computerized accounting, develop criteria to use in evaluating microcomputer accounting software, and gain an understanding of the controls necessary in managing the flow of accounting data. |
| Payroll Fundamentals II | APAM-PUF | 2 | APAM-PUF-002 | 3 | In the Payroll Fundamentals 2 course, students learn how to calculate and report government and third-party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. Students will be able to effectively communicate these organizational processes and requirements to internal and external stakeholders. This course is designed to provide the payroll student with the theory and knowledge required to: Calculate organizational remittances to federal, provincial and third-party stakeholders Prepare accounting documentation for payroll Complete year-end documentation Communicate all aspects of organizational remittances, accounting and year-end requirements to various stakeholders. |
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contact@eduprocollege.ca
contact@edurwa.com
64 Main St Sackville NB E4L4A7 Canada
8372 Grand Forks, ND 58202 US
+1 844 941 1001
+1 (506) 704-2888