Business Administration: Accounting

CampusStart DateTuition/Fees
Fredericton September 2022 (Blended Delivery) Domestic | International
MonctonSeptember 2022 (Blended Delivery) Domestic | International
MonctonApril 2023 (Blended Delivery) - Offered every other year Domestic | International
Saint JohnSeptember 2022 (Blended Delivery) Domestic | International

Program Overview

Whether it’s a small or large business, accounting basics are central to decision-making. Accountants are trusted to provide valuable, accurate and timely financial information. In our Business Administration: Accounting program, you’ll learn intermediate accounting knowledge to assist your clients, such as how to prepare and present financial statements in accordance with Canadian Generally Accepted Accounting Principles (GAAP), accounts receivable and payable, inventory, computerized accounting, finance as well as corporate social responsibility and ethics, and business communications. Our program also includes a work practicum where you’ll have the opportunity to put your knowledge into action while networking with industry stakeholders. The numbers are on your side with this career choice as employment growth in accounting related positions continues to climb.

You will have the opportunity to take electives such as Income Tax or Payroll. Additionally, specific courses in the program receive transfer credit towards the Chartered Professional Accountants (CPA) Professional Education Program.


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 or Essential Skills Achievement Pathway: Post-Secondary Entry High School Diploma
    • Foundations of Mathematics 110
      or
      Geometry and Applications in Mathematics 112 and Functions and Relations 112

      NB Francophone High School Math Equivalencies
      International Student Admission 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.


      Specific Considerations

      Graduates of the Business Administration: Accounting program may be eligible for credit with programs such as Chartered Professional Accountants Canada and the National Payroll Institute.

      Graduates of the two-year Business Administration: Accounting program, may be able to transfer into the third year of four-year degree program at numerous university partners.

      Technology Requirements
      NBCC is a connected learning environment. All programs require a minimum specification, including access to the internet and a laptop. Your computer should meet your program technology requirements to ensure the software required for your program operates effectively. Free wifi is provided on all campuses.


      Program Courses

      Courses are subject to change.

      This course provides a general overview of the Canadian business environment as well as the various functional areas of a business. Focus will be placed on the interrelationships between the functional areas of business, such as finance and accounting, sales and marketing, human resources, operations and logistics. The course will also introduce business structures, the role of government, business ethics, social responsibility and entrepreneurship. The course will provide a basic understanding of Canadian business practices and terminology and the concepts of macro and micro environments will be introduced.

      This course will introduce the fundamentals of management. Topics will include the functions and role of managers, the skills and styles of effective managers, and the implication of globalization for managers.

      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.

      This course examines how information technology (IT) can be used to support management strategies and business initiatives.  Topics will include types of IT systems, key functions within an IT department, data management principles and practices, hardware and software components, IT controls and risk management, and basic concepts of e-commerce.  

      This course is designed to strengthen fundamental skills in written communications.  This course focuses on how to write clear, effective sentences and paragraphs, create organized, unified, and coherent business messages and documents. Emphasis will be placed on recognizing the importance of communicating for the intended purpose and audience. The students will apply the stages of the writing process to business writing: prewriting, writing, and revising, as well as research, prepare, format, draft, proofread and edit a series of documents commonly used in business.

      This course is designed to develop professional verbal communication and presentation skills for the business environment. Emphasis is placed on verbal communication techniques, strategies, and presentation tools to deliver oral presentations with confidence and professionalism.

      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 is designed to examine the challenges and successes of corporate social responsibility.  The focus will be exploring corporate social responsibility as the continuing commitment by business to contribute to economic development while improving the quality of life for the workforce, their families and society at large. Focus will also include the application of ethical concepts and principles to make thoughtful and responsible ethical decisions for a business.

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

      Prerequisites:

      • MATH1278A
      • GACG1128B

      This course introduces accounting concepts. Focus will be placed on recording financial transactions for the complete accounting cycle, inventory, and related ratio analysis.

      This course expands on transactions related to assets and current liabilities.  Focus will be placed on cash, receivables, capital assets, payables, basic payroll transactions, related ratio analysis and an introduction to various forms of businesses.

      Prerequisites:

      • GACG1126A

      This course expands on long-term liabilities and equity accounts. Focus will be placed on bond payables, other long-term liabilities, partnership activities and corporate activities.

      Prerequisites:

      • GACG1127A

      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.

      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:

      • GACG1129A

      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:

      • GACG1130A

      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:

      • GACG1128B

      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:

      • GACG1128B

      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:

      • GACG1135A

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

      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 develops arithmetic and algebraic skills to solve mathematical problems related to business. Business calculations include gross earnings, commission, taxes, break-even analysis, cost-volume-profit analysis, trade and cash discounts, markups, markdowns, and simple interest.

      This course develops skills in financial mathematics. The primary focus is calculating compound interest. Topics include loans, invested sums of money, annuities, amortization, mortgages, sinking funds, and bonds.

      This course provides an overview of marketing functions from a Canadian marketplace perspective. Emphasis will be placed on understanding a socially responsible marketing environment, researching and understanding consumer and business buying behaviours, and defining the marketing target.

      This course introduces marketing strategies and focuses on the elements of the marketing mix. Emphasis is placed on decision-making for tangible and intangible products, pricing, distribution, and marketing communication, to achieve marketing goals.

      Prerequisites:

      • MKTG1102A

      This course introduces a systematic approach to the concepts and theories behind creating effective workplaces. Organizational behaviour (OB) explores how individual, group and organizational characteristics can influence an organization’s effectiveness, productivity, and its ability to accomplish goals. Understanding organizational behaviour concepts and theories helps contribute to successful organizations.

      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 workshop introduces students to the process of finding employment. It explores the various strategies and resources available, and examines the role of social media.

      This course allows students to apply their learning from their Business Administration program to an industry partner project. Working with faculty and an industry partner, students are tasked with finding solutions to a business problem. Working independently or in small groups, students will gain a deeper understanding of their Business Administration field, apply theory and best practices, and use the tools and learnings they have gained throughout the program. This course culminates with a final presentation of the project findings and recommendations.

      This course allows students to apply their learning from their Business Administration program to an industry partner project. Working with faculty and an industry partner, students are tasked with finding solutions to a business problem. Working independently or in small groups, students will gain a deeper understanding of their Business Administration field, apply theory and best practices, and use the tools and learnings they have gained throughout the program. This course culminates with a final presentation of the project findings and recommendations.

      This course introduces the fundamentals of computer applications and file management in a business environment. Focus will be placed on software features and functions for email, word processing and spreadsheets; scheduling, calendar management, and collaboration; and time and task management.

      This course builds on the spreadsheet application skills acquired in Business Computer Applications I. Learners produce quality business workbooks designed for effective data management and analysis. The focus is on software processes, functions, and features to manipulate large data sets across multiple worksheets and workbooks.

      Prerequisites:

      • SAAL1849A

      This course develops skills with a computerized accounting software program. It will provide experience in maintaining computerized accounting records using accounting software. Transactions using the general, payable, receivable and payroll modules will be covered. Students set up company data in various modules, process transactions, adjustments, reconciliations and prepare month end and year-end financial reports.

      Prerequisites:

      • GACG1127A

      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:

      • MATH1277A

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

      Prerequisites:

      • STAT1042A


      NOC Codes

      1114 - Other financial officers
      1311 - Accounting technicians and bookkeepers
      1431 - Accounting and related clerks
      1432 - Payroll administrators
      1434 - Banking, insurance and other financial clerks


      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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