Honours Bachelor of Commerce (Accounting)

General

Program Description

Help businesses realize their goals with this bachelor of accounting degree

In Fanshawe's four-year Honours Bachelor of Commerce (Accounting) degree program, you will graduate with many valuable and transferable skills including financial accounting, cost accounting, management accounting, business finance, auditing and taxation in addition to a variety of general business management concepts including business strategy, marketing, and human resources. You'll be dynamic, with the power to continue a journey of life-long learning. Available in a traditional in-class format with a September admission.

Earn your bachelor of accounting with co-operative education

A requirement for graduation is the completion of a paid Co-operative Education work term. This process combines your studies with paid, related work experience. Fanshawe will be there to help you find the right business fit for your dream. You'll have access to consultants who will deliver classes, counsel and advise you as you move from the classroom to the real business world.

Upon graduating with a Bachelor of Accounting, you may be eligible to complete a Master's degree program at many other post-secondary institutions or complement your degree with a graduate certificate offered at Fanshawe College. Students currently enrolled in the Business-Accounting diploma program or Business Administration-Accounting advanced diploma program may be eligible to receive advanced standing in this degree program.

You'll satisfy the degree requirements for all accounting professional bodies and will be closely aligned with the requirements for the Chartered Professional Accountants of Ontario (CPA).

Other Information

  • A CONNECT lab fee is included in the Additional Program Fees stated in the Fee Schedule. This fee helps cover costs associated with the delivery of the CONNECT mobile computing program.
  • Students should not purchase a laptop computer or software until the College publishes the recommended configuration, models, software titles and versions for that academic year.

Co-operative Education

This four-year Honours Degree program requires completion of one mandatory co-op work term.

Learning Outcomes

The graduate has reliably demonstrated the ability to:

  1. Use the interdependence of various functional areas of business (i.e. financial, marketing, operations, human resources) to achieve organizational success in domestic and international environments.
  2. Develop strategies that will achieve organizational goals through the integration of business methodologies that assess costs, benefits, risks, and opportunities, and that utilize current and emerging technology and trends.
  3. Enhance business opportunities by incorporating external variables into various business decision models.
  4. Assess the unique business needs of organizations of various sizes, the public sector, private sector, and not-for-profit firms.
  5. Evaluate professional, ethical, and legal codes of conduct.
  6. Research, analyze, and critically evaluate qualitative and quantitative data from a variety of sources to support effective business decisions and encourage innovation through problem-solving, critical thinking, logic and reasoning.
  7. Communicate information, arguments, and analysis accurately and reliably for the message, audience, and purpose.
  8. Perform effectively and efficiently within groups or teams, demonstrating leadership, team-building, and influencing skills.
  9. Design personal learning plans and integrate learning strategies into current and future development goals.
  10. Assess resource allocation decisions that influence sustainability practices and drive economic, social, cultural, and environmental stewardship.
  11. Analyze domestic and international business opportunities within an international context.
  12. Plan, implement, and evaluate projects and programs, using project planning principles and tools.
  13. Apply management-level decision-making and strategic planning skills.
  14. Develop a business plan based on sound research that integrates business principles and best practices.
  15. Prepare, analyze and interpret financial statements and reports for both private and public corporations.
  16. Prepare, analyze and interpret individual and corporate tax returns.
  17. Apply and demonstrate computer skills and knowledge of information systems to support the accounting, auditing and taxation functions including maintaining accounting records, preparing financial statements, preparing reports and tax returns.
  18. Advice on basic personal and corporate tax issues using the principles of Canadian tax law.
  19. Design and evaluate an organization's internal control and accounting information system, taking risk management (including the risk of fraud and illegal acts) into account.
  20. Plan and perform an audit of financial statements in accordance with generally accepted auditing standards.

Courses

Core Courses

Take all of the following Mandatory (Core) Courses:

The Minimum Cumulative GPA for Core Courses is 2.5

(Students who complete BAC Level 4 and enter Level 5 of the BCA program must also complete COMM-7021, LIBS-7001, MGMT-7008, METH-7023, MGMT-7006, MGMT-7007 and a General Education Elective course from previous levels of the program)

(Students who complete BAA Level 6 and enter Level 7 of the BCA program must also complete COMM-7021, LIBS-7001, MGMT-7008, FINA-7003, ACCT-7009, MGMT-7007 and 2 General Education Elective courses from previous levels of the program)

Group 1

  • Level 1
    In addition to the following mandatory courses, please refer to the Non-Core Level 1 requirement below
    • MATH-7007 Mathematics for Decision Making
    • ACCT-7002 Accounting 1-Intro
    • COMP-7012 Computer Applications for Business
    • MGMT-7006 Management Fundamentals

Group 2

  • Level 2
    In addition to the following mandatory courses, please refer to the Non-Core Level 2 requirement below
    • ACCT-7003 Accounting 2-Intro
    • MKTG-7001 Marketing 1
    • ECON-7005 Microeconomics
    • SYST-7001 Business Information Systems
    • COMM-7018 Professional Comm. in a Diverse World

Group 3

  • Level 3
    In addition to the following mandatory courses, please refer to the Non-Core Level 3 requirement below
    • ACCT-7004 Management Accounting
    • ECON-7006 Macroeconomics
    • MGMT-7007 Human Resources Management
    • METH-7022 Statistics for Business

Group 4

  • Level 4
    • LAWS-7002 Business Law
    • MGMT-7008 Operations Management
    • MGMT-7009 Principles of Organizational Behaviour
    • METH-7023 Quantitative Methods
    • ACCT-7005 Accounting 1-Inter

Group 5

  • Level 5
    In addition to the following mandatory courses, please refer to the Non-Core Level 5 requirement below
    • FINA-7001 Business Finance 1
    • ACCT-7006 Accounting 2-Inter
    • ACCT-7007 Management Accounting 2

Group 6

  • Level 6
    • FINA-7002 Personal Taxation
    • FINA-7003 Business Finance 2
    • ACCT-7008 Financial Accounting 1-Adv
    • ACCT-7009 Accounting Theory-Adv

Group 7

  • Level 7
    In addition to the following mandatory courses, please refer to the Non-Core Level 7 requirement below
    • ACCT-7010 Financial Accounting 2-Adv
    • FINA-7004 Corporate Taxation
    • ACCT-7011 Auditing
    • COOP-1021 Co-Op Educ. Employment Prep

Group 8

  • Level 8
    In addition to the following mandatory courses, please refer to the Non-Core Level 8 requirement below
    • ACCT-7012 Management Accounting-Adv
    • FINA-7005 Taxation-Adv
    • ACCT-7013 Auditing-Adv
    • MGMT-7023 Strategic Policy & Planning
    • COOP-5001 Degree Co-Op Integration

Group 9

Co-op Requirement

Students Must Complete 1 Co-op Work Term

  • COOP-BCA1W BCA1 Co-op Work Term 1

Non-Core Courses

Take all of the following Mandatory (Non-Core) Courses:

The Minimum Cumulative GPA for Non-Core courses is 2.0

Group 1

  • Level 1
    • COMM-7021 Argumentation & Persuasion

Group 2

  • Level 2
    • LIBS-7001 Ethics in a Global Context

Group 3

General Education - Electives

Take 6 General Education Elective Credits at the Introductory Level from two of the following subjects - Humanities, Social Science, Math, Science - Normally taken in Level 3

Group 4

Take 9 General Education Elective Credits at the Upper Level (Non-Introductory) - Normally taken in Levels 5 and 7

Group 5

Take 6 General Education Elective Credits at either the Introductory or Upper Level - Normally taken in Levels 7 and 8

Program Residency

Students must complete a minimum of 35 credits in this program at Fanshawe College to meet the program residency requirement and graduate from this program.

calculator, calculation, insurance stevepb / Pixabay

Admission Requirements

  • OSSD with courses from the University (U) or University/College (M) stream with:
    • Grade 12 English (U)
      (Note: minimum final grade required is 65)
    • Mathematics one of:
      • Grade 12 Advanced Functions (U)
      • Grade 12 Calculus and Vectors (U)
      • Grade 12 Mathematics of Data Management (U)
        (Note: minimum final grade required is 65)
    • Plus four additional Grade 12 University (U) or University/College (M) courses
    • A final minimum average of 65.0% based on the highest six Grade 12 University (U) or University/College (M) courses

or

  • Mature Applicant with standing in the required courses and grades stated above

or

  • Post-Secondary Standing* (if applicable)

English Language Requirements

Applicants whose first language is not English will be required to demonstrate proficiency in English by one of the following methods:

  • A Grade 12 College Stream or University Stream English credit from an Ontario Secondary School, or equivalent, depending on the program's Admission Requirements
  • Test of English as a Foreign Language (TOEFL) test with a minimum score of 88 for the Internet-based test (iBT), with test results within the last two years
  • International English Language Testing System (IELTS) Academic test with an overall score of 6.5 with no score less than 6.0 in any of the four bands, with test results within the last two years
  • Canadian Academic English Language (CAEL) test with an overall score of 70, with test results within the last two years
  • Pearson Test of English Academic (PTE) with a minimum score of 59, with test results within the last two years
  • A Cambridge English Test (FCE/CAE/CPE) with an overall score on the Cambridge English Scale of 176 with no language skill less than 169, with test results within the last two years
  • An English Language Evaluation (ELE) at Fanshawe College with a minimum score of 75% in all sections of the test, with test results within the last two years
  • Fanshawe College ESL4/GAP5 students: Minimum grade of 80% in ESL4/GAP5 Level 9 or 75% in ESL4/GAP5 Level 10

Recommended Academic Preparation

  • In addition to required mathematics courses in secondary school, students are encouraged to take additional mathematics and accounting courses.

Recommended Personal Preparation

  • Students are encouraged to strengthen their critical thinking, problem-solving and time management skills prior to entering the program.

Advanced Standing

  • Applicants with a Fanshawe College Diploma in Business - Accounting with a minimum GPA of 3.5 can apply to Level 4 of the Honours Bachelor of Commerce (Accounting) Degree.
  • Applicants with a Fanshawe College Advanced Diploma in Business Administration-Accounting with a minimum GPA of 3.0 can apply to Level 6 of the Honours Bachelor of Commerce (Accounting) Degree.
  • Applicants applying for individual course credits from Canadian universities must provide a detailed course content of theory and laboratory exercises (if appropriate).
  • International applicants may apply for course credit achieved at the post-secondary level. The detailed course content of theory and laboratory exercises from the international institution must be included with a transcript as part of the request (official documents provided to the Office of the Registrar in a sealed envelope). If a translation of the documents into English is necessary this must be performed by a recognized service.
  • Based on the guidelines established by the Postsecondary Quality Assessment Board for Honours Degree Programs, credits for advanced standing cannot exceed 50% of the program's total.

Applicant Selection Criteria

Where the number of eligible applicants exceeds the available spaces in the program, the Applicant Selection Criteria will be:

  1. Preference for Permanent Residents of Ontario.
  2. Receipt of Application by February 1st (After this date, Fanshawe College will consider applicants on a first-come, first-served basis until the program is full).
  3. Achievement in the Admission Requirements.
  4. Achievement in Post-Secondary Studies* (if applicable).

Note:
*Applicants currently enrolled in a university or who have previously attended university or other post-secondary institutions and are applying to transfer into the Honours Bachelor of Commerce (Accounting) program are considered on the basis of their post-secondary standing. Specifically, applicants currently enrolled in a university or who have previously attended university must maintain a minimum average of 65.0% on the last ten full credit or full credit equivalent courses in order to be considered for admission. Applicants with less than ten full credit courses must maintain a minimum average of 65.0% on all courses in order to be considered for admission. Applicants applying from a community college must have successfully completed a diploma program with an overall GPA of 2.5 in their program. In addition, all students applying from university or college must have completed the pre-requisite courses in Mathematics and English as stated in the Admission Requirements.

Career Opportunities

Students will be well prepared to write certification examinations for the CPA designation as well as fulfill experience requirements for these organizations after completion of the degree program. Graduates may work in positions such as accountant, budget analyst, controller, financial analyst, taxation specialist, treasurer or auditor.

Last updated Jan 2020

About the School

Fanshawe College is a large, publicly-funded College located in London, Ontario, Canada – approximately a two-hour drive from Toronto and Niagara Falls. There are 21,000 full-time students, including ... Read More

Fanshawe College is a large, publicly-funded College located in London, Ontario, Canada – approximately a two-hour drive from Toronto and Niagara Falls. There are 21,000 full-time students, including more than 6,000 international students from 97 different countries. Read less
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