Business Administration: Accounting

CampusStart Date
MonctonSeptember 2018
Saint JohnSeptember 2018
Fredericton September 2018

Program Overview

Accounting basics are central to good business. With this program, you’ll learn intermediate accounting knowledge to assist your clients, such as how to prepare and present financial statements and skills in marketing, payroll, computing, and accounts receivable and payable. Our program also includes a work practicum where you’ll have the opportunity to put your knowledge into action while networking with influential people. The numbers are on your side with this career choice as employment growth in accounting related positions continues to climb.


Duration

The requirements for this diploma program may be achieved within two academic years of full-time study.


Admission Requirements

    Profile B

  • High School Diploma or Adult High School Diploma or GED Diploma of High School Equivalency
    • Foundations of Mathematics 110
      or
      Geometry and Applications in Mathematics 112 and Functions and Relations 112

      (NB Francophone High School Math Equivalencies)


      Career Possibilities

      As a graduate of this program, you'll have a wide range of skills that can be applied in various accounting-related careers. You may be employed by government agencies, public practice and various private businesses. Graduates are frequently hired as staff accountants, junior accountants, accounting and audit technicians, payroll administration, accounts receivable and payable administration and bookkeepers.

      Find career possibilities related to this program in Career Coach.


      NOC Codes

      1114 - Other financial officers
      1231 - Bookkeepers
      1431 - Accounting and related clerks
      1432 - Payroll clerks
      1434 - Banking, insurance and other financial clerks


      What you will learn

      • Accounting - Manual, Computerized, and Managerial
      • Business Law
      • Business Software Applications
      • Financial Mathematics
      • Business Communications
      • Economics
      • Statistics
      • Finance
      • Income Tax
      • Small Business Management
      • Management
      • Marketing


      Program Courses

      This year's courses are still under development. Showing 2017's courses for reference.

      This course will expose the student to the various principles of management. It will develop in the student an understanding of operational management as it applies in day-to-day settings and provide an insight into the daily life of a practising manager, as he/she interacts with people.

      This course is designed to allow the student to work independently in a business setting related to their field of study. Students are expected to follow the work schedule of the practicum host.

      In this course, student will be introduced to the basic formats and principles of business communications. It will examine audience, purpose and message and its impact on style and tone.

      Participants use a variety of sources to conduct research and use the results of research to produce short informal reports, discussion papers, and proposals.

      Prerequisites:

      • COMM1155

      This course teaches students how to create documents that are organized, unified, and coherent.

      This course introduces students to a wide range of macroeconomic issues such as aggregate supply and demand, fiscal policy, nature and causes of unemployment and inflation, the role money and banking play in the economy, as well as international trade and the international monetary system.

      This course enables students to examine key economic issues and problems as they relate to business and to the Canadian business environment. Students apply economic principles to the study of Canada and its economy. They acquire the skills to manage businesses more effectively, make appropriate personal choices in business, and contribute to society overall.

      This course provides students with a framework to determine what is involved in starting a business and allows the student to assess their own potential in starting a business.

      This course utilizes a practical approach in introducing the student to ethics and ethical issues in the workplace. Participants examine the subject by considering numerous examples of real-world case studies that illustrate dilemmas students are challenged to resolve.

      Students build on accounting and mathematical skills in the process of carrying out intermediate tasks related to financial forecasting, operational budgeting techniques, and cash flow and capital investment management.

      Prerequisites:

      • GACG1051
      • MATH1087D

      This is a foundation course in managerial finance with an emphasis on the major decisions made by the financial executive of an organization.

      Prerequisites:

      • GACG1051
      • MATH1087D

      This course focuses on the asset side of the balance sheet. This course teaches students to use accounting concepts and principles in accordance with professional standards and policies. Students complete a variety of accounting tasks including income statements, balance sheets, cash flow statements, revenue and expense recognition, future and present value, accounts receivable, inventory, investments, and capital assets. This course covers financial reporting, accounting judgments, income statement, balance sheet and changes in equity presentation, cash flow statement, revenue and expense recognition, financial assets-cash and notes receivable, inventory and cost of sales, financial instruments-investments in debt and equity securities, property plant and equipment, intangibles, goodwill, depreciation, amortization, impairment.

      Prerequisites:

      • GACG1051

      This course focuses on the liabilities and equity side of the balance sheet.  This course teaches students to use accounting concepts and principles in accordance with professional standards and policies. Students complete a variety of accounting tasks including financial liabilities and provisions, financial instruments of long-term debt, shareholder’s equity, financial instruments of complex debt and equity, accounting for corporate income tax and tax losses, leases, post-employment benefits, earnings per share, accounting changes as well as financial statement analysis.

      Prerequisites:

      • GACG1035

      This course provides students with a detailed introduction to Managerial Accounting. Emphasized topics include job and process costing, standard costs, budgeting, variable costing, and decision making.

      Prerequisites:

      • GACG1051

      This course provides students with the fundamentals of analysis and recording of financial transactions for the complete accounting cycle.

      This course builds on the knowledge in Accounting I. It provides students with an in-depth understanding of and the skills necessary to apply accounting concepts, principles, and procedures.

      Prerequisites:

      • GACG1050

      Students investigate advanced accounting concepts and procedures. Time is spent on factors influencing profit and loss for larger-sized firms and preparation of financial statements.

      Prerequisites:

      • GACG1051

      Students acquire an understanding of the basics of payroll practices and procedures including an overview of employment standards, earnings, benefits, statutory deductions, net pay, and Record of Employment documents.

      Prerequisites:

      • GACG1076

      This course will provide the student with an understanding of the legal aspects of the employment relationship and the respective responsibilities of the employer and employee.

      This course will provide the student with an understanding of payroll accounting including payroll remittances to various stakeholders, year end procedures, reporting requirements, and recording of payroll entries.

      Prerequisites:

      • GACG1075

      The student will apply accounting knowledge in a practical setting with emphasis on recording and posting of transactions, preparation of financial statements and analysis of accounting information.

      Prerequisites:

      • GACG1051

      This course challenges students to work both independently and as part of a financial team to produce a financial business report. Students conduct an analysis of the results and present their findings in a report prepared to meet a professional standard.

      Prerequisites:

      • COMM1134
      • FINA1009
      • GACG1036

      Explore the essential components of event management by providing the opportunity for the student to experience the full event planning and implementation process including various elements that support and enhance a successful event.

      This course is designed to provide learners with foundational knowledge of insurance principles and practice. Students are taught the history of the insurance industry as well as its current day function, roles, and risks. They are taught the Canadian law and regulatory bodies impacting the insurance industry as well as fundamental processes such as determining rates, writing contracts, and processing claims.

      This course will provide an introduction to the financial planning process and the many issues to be faced when developing a financial plan for a client. Topics discussed will include the planning process, budgeting, credit and debt, introduction of investments into the plan, insurance and taxation issues, and retirement and estate planning.

      This course provides an overview of key investment management terms and concepts, as well as a study of the goals of the investment manager. In addition, key aspects of the investment management environment will be discussed.

      This course will introduce students to Canadian taxation system and how to complete of basic personal income tax returns in accordance with provisions of the Income Tax Act.

      This course examines the fundamentals of contractual law and its relationship to business. It explores the various types of contracts, conditions around entering contracts, contractual obligations, breach of contracts, and damages.

      This course is an introduction to basic concepts in business law. It provides students with an overview of various acts and legislations that govern the marketplace such as contract law, tort liability, employment legislation, intellectual property, and real property.

      This course provides students with a review of fundamental operations, familiarize students with problems related to business, and with the mathematics of cost-volume-profit analysis.

      This course is designed to familiarize students with the mathematics of merchandizing, simple interest, compound interest, and annuities.

      Prerequisites:

      • MATH1086

      This course provides students with an overview of the marketing function, emphasizing consumer satisfaction as a focal point of an organization’s activities.

      This course focuses on the elements of the marketing mix: products and services; pricing; distribution channels; and promotion.

      Prerequisites:

      • MKTG1027

      Students examine how marketing concepts, techniques and theories can be used to identify specific threats and marketing strategy opportunities facing enterprises and/or organizations. This course introduces the principles and tools to apply in the development, implementation, and review of marketing strategy for organizations. Topics include internal and external environmental analysis; value, competition, and strategic choice; strategic positioning; and implementation and control issues. Case studies and real life projects are the principal teaching methods to be used in this course. Participants will be required to conduct a marketing audit of a selected enterprise, identify relevant threats and opportunities and prepare the appropriate marketing strategy and plan for a financial year.

      Prerequisites:

      • MKTG1028

      This course draws from a number of social science disciplines to gain a greater understanding of human behaviour in organizations. Students investigate the impact of culture, social structures, and personality and examine how each could impact on the effectiveness and productivity of organizations.

      This course will introduce students to job search techniques.

      This course provides an introduction to the meaning of community service.  Students learn how community service can enhance a student’s educational experience, personal growth, employability, and civic responsibility. Students participate in one day of volunteering to enhance their understanding of civic responsibility and to help the New Brunswick Community College realize its vision of transforming lives and communities. 

      This course provides students with the knowledge and skills necessary to plan, coordinate, implement and evaluate a project within a team environment. Students learn effective project management techniques that allow them to monitor all work activities and ensure a quality product while remaining within budget and meeting all contract requirements.

      This course is designed as a senior level project course. It provides students with the opportunity to apply overall business knowledge with an emphasis on financial concepts. Students demonstrate the ability to develop and present a comprehensive small business plan.

      Prerequisites:

      • ENTR1016
      • FINA1009
      • MKTG1028

      This course provides students with the ability to apply auditing concepts, principles, and procedures. The course builds on the learning acquired in other accounting courses.

      Prerequisites:

      • GACG1037
      • GACG1036
      • FINA1009

      This course introduces students to a computerized accounting software program. It will provide students with experience in maintaining computerized accounting records using accounting software. Transactions using the general, payable, receivable and payroll modules will be covered.

      Prerequisites:

      • GACG1050

      This hands-on course introduces students to the capabilities of Information Management Software with emphasis on exploratory learning.

      This course builds on the skills of Computerized Accounting. Students set up company data in various modules, process various transactions, adjustments, reconciliations and prepare month end and year end financial reports.

      Prerequisites:

      • SAAL1020

      This courses teaches students the essentials of an Office Suite including spreadsheets, word processing, presentations and information management softwares. They learn how to use the internet effectively as a research tool.

      Students taking this course learn basic database concepts including creation of tables, queries, forms, and reports.

      This course builds on the basic spreadsheet skills and examines more advanced software functionality. Among the areas covered are the creation and management of tables and charts, the manipulation of multiple worksheets and workbooks, and various advanced functions.

      Prerequisites:

      • SAAL1212

      Students taking this course will prepare slide presentations using a variety of techniques. They will learn to manipulate text, graphics, drawings and charts to increase the effectiveness of their presentation.

      Students taking this course will build on their previous spreadsheet knowledge to examine additional advanced software functions.

      Prerequisites:

      • SAAL1220

      A safe and healthy workplace is the responsibility of the employer and the employee. This course introduces students to the importance of working safely and addresses how employers and employees can control the hazards and risks associated with the workplace. Students will also learn about the roles and responsibilities of key stakeholders including WorkSafeNB, the employer and the employee in ensuring workplaces are safe.

      The course introduces students to the major concepts and tools for describing, analyzing and drawing conclusions from data. Course topics include summarizing and presenting different types of data, analyzing the risks and assumptions underlying statistical analysis and the principles and methods associated with sampling

      Prerequisites:

      • MATH1086

      This course covers the concepts of hypothesis testing, regression and correlation, index numbers, time series and statistical decision theory. Statistical software is used.

      Prerequisites:

      • STAT1007

      This course prepares students to deliver extemporaneous and impromptu presentations of various lengths and purposes.


      Specific Considerations

      Graduates of the Business Administration Accounting program may be eligible for credit in the Certified Professional Accountants, Canadian Institute of Management, Canadian Payroll Association and the Institute of Canadian Bankers programs.

      Graduates of the two-year Business Administration Accounting program, who have achieved a minimum of a 70% average each program year, may be able to transfer into the third year of a four-year degree program at Cape Breton University (CBU), Atlantic Baptist University (ABU) or the University of New Brunswick Saint John (UNBSJ).

      NBCC is committed to furthering our university relationships; therefore, other university agreements may be available.

      Many other universities give credit for courses completed in the Business Administration program.

      Students accepted into this program may be eligible for financial awards offered through the J.D. Irving Limited Incentives Program.

      This program is a "Learning Integrated Virtually Everywhere" (L.I.V.E) program that requires the use of a notebook computer as part of the learning experience. Your notebook computer should meet minimum technical specifications to ensure the software required for your program operates effectively. See here for more information: L.I.V.E. (Learning Integrated Virtually Everywhere)


      Articulation Agreements

      Institution: Mount Saint Vincent University
      Articulation Period: 2010-2020
      Information: Business Administration graduates will receive up to two years credits toward a Bachelor of Business Administration.


      Institution: Crandall University
      Articulation Period: 2010-2015
      Information: Graduates of NBCC with a Diploma in Business Administration and who are admitted to Crandall University, based on a transfer credit assessment, will receive up to two years full credit towards a Bachelor of Arts Degree in Organizational Management

      Disclaimer: This web copy provides guidance to prospective students, applicants, current students, faculty and staff. Although advice is readily available on request, the responsibility for program selection ultimately rests with the student. Programs, admission requirements and other related information is subject to change.

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