Are you majoring in accounting or thinking about majoring?
What courses do you need to take to finish with an accounting major?
What are your options upon graduating with an accounting major?
The following is a list of required courses for the accounting major at the Asper School of Business, as well as courses required for the CPA PEP Program:
ACCOUNTING COURSES
Core Courses
- ACC 1100 – Introductory Financial Accounting
Examination of accounting postulates underlying the preparation and presentation of financial statements. - ACC 1110 – Introductory Managerial Accounting
Role of accounting in creation and application of business information used by decisionmakers in the management of enterprise. Prerequisite: ACC 1100 (D). Prerequisite or Concurrent Requirement: ECON 1010 (D) and ECON 1020 (D).
Required Courses for the Accounting Major
- ACC 3110 – Intermediate Accounting – Assets
Accounting policies and practices dealing with calculation and measurement of assets and related reporting problems.- Prerequisite: ACC 1100 (C+).
- ACC 3120 – Intermediate Accounting – Equities
Consideration of current accounting relating to equities with attention to the accounting treatment of current and long-term liabilities, income tax allocation, share capital, and surplus.- Prerequisite: ACC 3010 (C).
- ACC 3040 – Cost Accounting
Study of accounting concepts and functions as they relate to product costing, planning, control, and decisionmaking.- Prerequisite: ACC 1110 (C+).
- ACC 4030 – Accounting Theory
Examination of principles and postulates of accounting theory. Coverage of selected topics will vary from year to year depending on interests of course participants.- Prerequisites: ACC 3120 (D) and FIN 2200 (D).
Required Courses for the CPA PEP Program*
- ACC 3010 – Data Analytics in Accounting
Data analytics concepts, techniques, and skills to translate accounting and business problems into actionable proposals.- Prerequisite: ACC 1110 (D) and IDM 2020/MIS 2000 (C). MIS 3010 + ACC 4010 are accepted instead if taken before Sep 1, 2022.
- ACC 3080 – Canadian Income Taxation
Structure and concepts of the Canadian income tax system, calculation of income and tax thereon for individuals and corporations, introduction to planning principles, and ethics issues.- Prerequisite: ACC 1100 (C+). Please note that while there is one prerequisite for this course, ASBAA recommends to take ACC 3080 later in your Accounting degree, as higher levels of accounting knowledge will be an asset in this course.
- ACC 3130 – Advanced Financial Accounting
Topics include: partnerships, consolidations, mergers, reporting on conglomerates, and fund accounting.- Prerequisite: ACC 3110 and ACC 3120 (C).
- ACC 3530 – Accounting Information Systems
Role of accounting systems in total management information systems; design and installation of accounting systems.- Prerequisite: ACC 1110 (D). MIS 2000 is accepted instead if taken before Sep 1, 2023.
- ACC 4010 – Audit
Study of philosophy and concepts of auditing, legal and ethical responsibilities of the auditor, basic techniques of auditing including statistical sampling and flowcharting, and the operational audit.- Prerequisite: ACC 3110 (C) and ACC 3120 (C).
To Note about the CPA PEP Program
Please note that a minimum grade of 60% is required in each course, and an overall average of 65% across all courses. Additionally, please note that this is not the full list of required courses, as there are additional prerequisite that are not accounting courses. These courses are not required to be taken at the Asper School of Business, however many students choose to do so to fulfill their “Business Option” degree requirements.
Please see the Transfer Credit Guide below or visit the link for more information on the core courses, and requirements to enter the CPA PEP Program.
ASBAA 