Learn more about the academic programs we are delivering in Winter 2025. If you have any questions about part-time studies, please contact us.

 

 

Overview

The Accounting Diploma builds on the knowledge and skills learned in the Accounting Certificate. It adds a broad range of courses which go beyond accounting concepts. It provides a broad breadth of study in business management, organizational behaviour, law, finance, statistics and economics. It helps students develop the proficiency needed for a career in accounting.

This program consists of courses that are only delivered as Hybrid, with at least 50% of classes in-person at Newnham Campus, including tests and exams.


 

Interested in learning more?

Students are invited to attend an information session to learn more about the program and to connect with our team. 

Seneca Part-Time Accounting & Finance Information Session

Monday, January 6, 2024
6:00 p.m. - 7:30 p.m.
Location: Zoom
Register Now

Confirmation of registration and a unique link to join the information session will be provided upon registration.

Filter Classes: In Class     Online     Correspondence     Hybrid     Availability   

Part-time Studies courses are being offered in either of the following four formats: Online, Flexible, In-person, Hybrid. Click Availability below to see current offerings.

Curriculum

Diploma Requirements

Business Studies Certificate Courses

COM101 OR COM111
 
COM101
Communicating Across Contexts
Availability
 

Prerequisite(s):

Placement via English Assessment, or successful completion of ESL934.

COM101 replaces EAC 150.
Students who have successfully completed EAC 150 are not required to complete COM101.

This course introduces students to the core concepts of communication. Students will cultivate an awareness of these concepts by analyzing how they are used in a variety of texts and contexts, and they will apply these concepts strategically in their own writing. Through a variety of writing tasks centred on these core concepts of communication, students will develop the transferrable reading and writing skills essential for success in their postsecondary studies, workplaces, and communities.




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COM111
Communicating Across Contexts (Enriched)
Availability
 

Prerequisite(s):

Placement via English Assessment

This course introduces students to the core concepts of communication. Students will cultivate an awareness of these concepts by analyzing how they are used in a variety of texts and contexts, and they will apply these concepts strategically in their own writing. Through a variety of writing tasks centred on these core concepts of communication, students will develop the transferrable reading and writing skills essential for success in their postsecondary studies, workplaces, and communities.




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BAM101
Introduction to Business Administration
Availability
 

This course is designed to provide students with an introduction to the Canadian business environment, business issues and functions, and the major forces at work in the global economy. It provides students with a perspective of business firms as integrated organizations composed of a number of specialized functions.




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ACC120
Accounting Basics I
Availability
 

Prerequisite(s):

No required prerequisite, but students should have Grade 12 English and Mathematics or equivalent

This course introduces the student to how accounting information is used by, and meets the needs of both internal and external users through effective and efficient communication as well as what accounting information is required by a business concern to reflect clearly the operating results of the enterprise over its operating life. Throughout the course, students will be introduced to generally accepted accounting principles, the interpretation and preparation of financial statements and how this information is recorded in the various business records.




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MRK106
Marketing I
Availability
 

Marketing is an approach to business that puts the customer at the centre of its activities and focuses on satisfying customer needs and wants. While marketing is used by both profit and not-for-profit organizations to meet the demands of the market place, this course introduces students to the fundamental marketing concepts used by profit oriented business organizations.




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SMS210
Microcomputer Applications for Business
Availability
 

Prerequisite(s):

A fundamental working knowledge of Windows Operating Systems and Excel Software.

Building on the skills they have previously acquired in Excel and Windows operating systems, students will further develop their proficiency in these areas and add Access to their skill set. Throughout the course, they will apply these software skills to solve business problems.




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MBF101
Mathematics of Business and Finance
Availability
 

Prerequisite(s):

No required prerequisite but students should have Grade 12 English and Mathematics.

This course provides students with the fundamentals of mathematics of business and finance. Following the introduction of concepts of per cent and per cent change, simple and compound interest rates will be discussed. Compound interest rates will be applied to the study of annuities. Students will also learn important models of business mathematics, such as currency conversion, trade discounts, markups and markdowns, break-even and cost-volume-profit analysis.

Please note: For students taking the self-directed OntarioLearn sections, the eTextbook is included in the price of the course.




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Accounting Certificate Courses

Above 6 Courses Plus
ACC220
Accounting Basics II
Availability
 

Prerequisite(s):

ACC120 - Accounting Basics I

In this second of the two introductory accounting courses, students will expand their understanding of accounting principles and concepts while covering specific topics including: accounts receivable, capital assets, corporations' shareholders' equity, and bonds payable. Preparation of the Statements of Retained Earnings and Changes in Financial Position will also be covered. Finally, the students will expand their understanding of the role of financial statement users by studying financial statement analysis.

 




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ACC416
Intermediate Accounting I - Part I
Availability
 

Prerequisite(s):

ACC220

Corequisite(s):

COM101/COM111

This course is the first of two in the program on Intermediate Accounting (ACC416/ACC417). It examines fundamental accounting assumptions, concepts and principles. Income determination is stressed through a review of revenue and expense recognition principles and the underlying conceptual support. It integrates an in-depth study of asset items on the Statement of Financial Position (including cash, receivables, inventories and capital assets) with emphasis upon generally accepted accounting principles that apply to these items.




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ACC417
Intermediate Accounting I - Part II
Availability
 

Prerequisite(s):

ACC416

This course is the second of two in the program on Intermediate Accounting (ACC416/ACC417). It examines fundamental accounting assumptions, concepts and principles. Income determination is stressed through a review of revenue and expense recognition principles and the underlying conceptual support. It integrates an in-depth study of asset items on the Statement of Financial Position (including inventories, investments and capital assets) with emphasis upon generally accepted accounting principles that apply to these items.




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ACC405
Taxation Regulation and Reporting
Availability
 

Prerequisite(s):

ACC220

The purpose of this course is to provide students with the knowledge and skill to complete personal and business tax forms. Students will learn how to respond to and apply the fundamental provisions of laws that affect taxation of a business and their personal situation. The emphasis will be on practical aspects of compliance.




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EAC594
Business Communication for the Digital Workplace
Availability
 

With businesses thriving on good customer relationships, effective business communication is the cornerstone of company success. This course will help you learn the principles, practices, and tools for communicating effectively in the workplace using cases and/or projects.

From learning about audience, context, formats, tone, and media to applying your skills in writing correspondence, reports, and presentations, this course will guide you in developing professional interpersonal, collaborative, and web-based knowledge and practices.




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SMS315
Systems Studies II
Availability
 

Prerequisite(s):

SMS210 - Microcomputer Applications For Business

SMS315 is a continuation of the study of the tools and techniques of computer systems. This course involves the involves the use of a relational database management system to build a simplified accounting system and implementation of a computerized accounting software package, the recording of accounting transactions and preparation of financial statements as well as creating an accounting system using a database.




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Accounting Diploma Courses

Above 12 Courses Plus
OBR250
Organizational Behaviour
Availability
 

Prerequisite(s):

BAM101

This course introduces the student to fundamental concepts and theories concerning the behaviour of people in workplace organizations. The emphasis is on identifying questions and problems typically encountered by new employees and developing practical strategies and solutions. Contemporary issues and challenges in society are analyzed in terms of their impact on the workplace, on relations between individuals, and on the individual. The course draws on a variety of structured experiential exercises and case studies to apply the concepts of organizational behaviour to practical business issues and situations.




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ACC431
Cost Accounting
Availability
 

Prerequisite(s):

ACC220 Accounting Basics II

Accounting 431 deals with internal accounting, specifically cost accounting. Its objectives are to determine product costs for inventory valuations. The associated accounting systems include methods of identifying, separating, classifying and summarizing costs under various product costing techniques. The course also includes the managerial use of cost information for planning and cost control. Cost Accounting is an extension of financial accounting. Its aim is to provide relevant information to various levels of management for planning and controlling day-to-day operations. The internal accounting system must be designed to meet the requirements of specific managerial needs.




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SMS415
Systems Studies III
Availability
 

This course provides you with an introduction to the Systems Development Life Cycle (SDLC) and related documentation techniques including data flow diagrams, document flow charts and systems flow charts. In addition you are introduced to Entity Relationship (ER) diagrams specifically the Resources Events Agents (REA) data model designed by McCarthy specifically for use by accountants. In this course you will work in teams and develop a data model that is implemented in Access in SMS515. In addition you are introduced to information systems controls, information systems fraud and E-Business.




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ALW380
Business Law for Accounting
Availability
 

Prerequisite(s):

COM101/COM111

This course will provide an introduction to Canadian Business Law with an emphasis on legal issues relevant to accounting. Topics will include: the Canadian legal system, tort law and professional liability, contract law, specific commercial contracts (including sale, insurance and employment), negotiable instruments and security interests and partnerships and corporations. Students will develop an ability to recognize and respond appropriately to legal situations that occur in an accounting environment.




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QNM223
Business Statistics
Availability
 

Prerequisite(s):

MBF101

The statistical methods of collection, analysis, presentation and interpretation of quantitative data used for making generalizations, projections and decisions under uncertain conditions are introduced. Emphasis will be on the use of both descriptive and inferential techniques within the workplace.




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ECN501
Introduction to Principles of Economics - Micro
Availability
 

Please note that ECN501 is not recognized as a General Education credit. This is a required subject for the Accounting and Finance program.

This course introduces the process and principles of microeconomic thought as they have been developed to explain price determination and resource allocation in a mixed market system. The application of microeconomic theory to current and emerging social and economic problems will be considered.




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ECN502
Introduction to Principles of Economics - Macro
Availability
 

Prerequisite(s):

ECN501

Please note that ECN502 is not recognized as a General Education credit. This is a required subject for the Accounting and Finance program.

This course introduces the process and principles of macroeconomic thought as they have been developed to explain the determination of the levels of national income and output, employment, the price level and other macroeconomic aggregates. The implications of these principles of public policy in Canada will be examined in the contexts of money and banking, stabilization efforts, international trade, the structure of the Canadian economy, and responses to the emerging patterns of global competition.




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ETH400
Contemporary Ethics Issues
Availability
 

Prerequisite(s):

COM101/COM111

Every day of our personal and business lives we are confronted with numerous choices about what is right and what is wrong and, therefore, how to conduct ourselves. This course introduces the student to the basic principles of decision making, with a focus on ethical considerations. While the major emphasis of the course is business decisions, an examination of personal values and ethics form a foundation of the course. The course will focus on four primary areas: personal values and ethics; business ethics; ethics issues related directly to accounting and ethically managing workplace relationships. While the course contains theories and concepts, the student will concentrate on applying ethical concepts and principles to everyday, real-life issues and problems.




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SDG101
Introduction to Sustainable Business
Availability
 

This course introduces the concepts of sustainability and Corporate Social Responsibility (CSR) within the business context. In the first part of the course, students will have the opportunity to explore social responsibility principles and sustainability frameworks. In the second part of the course, students will be introduced to the United Nations Sustainable Development Goals (UN SDGs) and gain an understanding of their relevance to business. They will be tasked with applying this knowledge in developing a sustainability initiative infographic/visual. The course prepares students to bring innovative solutions to social and environmental challenges that businesses face in the 21st century.




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1 General Education from Arts & Humanities 1 General Education from Arts & Humanities
1 General Education from Sciences & Social Science 1 General Education from Sciences & Social Science
 

Note: Effective Fall 2023, EAC594 replaces EAC894. Students who have already taken EAC894 or those taking it in the Fall 2023 Term will not be required to take EAC594.

Prior curriculums:

Please print or save a copy of the curriculum based on your initial date of enrolment at Seneca. Since graduation requirements are based on date of enrolment, students should follow the curriculum in effect at that time. Note that exceptions apply where some courses are no longer offered or if course substitutions are permitted.

Prior to Winter 2019
Winter 2019 to Winter 2020
Summer 2020 to Summer 2021

Program Outcomes

As a graduate, you will be prepared to reliably demonstrate the ability to:

  • Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations.
  • Prepare and present financial statements, reports and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises.
  • Contribute to recurring decision-making by applying fundamental management accounting concepts.
  • Prepare individuals' income tax returns and basic tax planning in compliance with relevant legislation and regulations.
  • Analyze organizational structures, the interdependence of functional areas, and the impact those relationships can have on financial performance.
  • Analyze, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances and the environment on an organization's operations.
  • Outline the elements of an organization's internal control system and risk management.
  • Contribute to recurring decision-making by applying fundamental financial management concepts.

OSAP Funding Available

This program is eligible for OSAP funding.

Course load is used by OSAP to determine funding options for programs.

If you are taking one to two courses at the same time, you may be considered for part-time student grants and loans.

  • one course (20 per cent)
  • two courses (40 per cent)

If you are taking three or more courses at the same time, you may be considered for full-time student grants and loans.

  • three courses (60 per cent)
  • four courses (80 per cent)
  • five courses (100 per cent)

To find out if you qualify and to learn how to apply, please visit the OSAP website.

For information on other awards and financial assistance, please see Financial Aid.

Information Sessions

Students are invited to attend an information session to learn more about the program and to connect with our team. 

Seneca Part-Time Accounting & Finance Information Session

Monday, January 6, 2024
6:00 p.m. - 7:30 p.m.
Location: Zoom
Register Now

Confirmation of registration and a unique link to join the information session will be provided upon registration.

Credit for Prior Learning

Prior Learning Assessment

Earn college credits for what you already know.
Prior Learning Assessment is a method of assessing and recognizing learning that is equal to college level learning, but has been gained outside a traditional classroom (through work experience, volunteering, outside study, etc.). If you can prove that the knowledge you have gained meets the outcomes of a Seneca course, then credit will be awarded.

How does the PLA process work?
Prior Learning is demonstrated through a "challenge" process. The process measures learning through a variety of methods which may include tests, portfolio assessment, interviews, demonstrations, essays, and work samples. The method used will be determined in consultation with a Program Coordinator.
For more information and to determine if you are eligible for PLA, please call the Program Coordinator.

The process may take from 6 to 8 weeks.

Note: Not all courses can be challenged. For more information go to PLA website or contact your Program Coordinator.

Transfer Credit

Many students who enter Seneca Polytechnic will have earned academic credits in postsecondary educational institutions which they may be able to apply toward completion of a Seneca Polytechnic program.

Requests for Transfer Credit must be for a specific course and must be accompanied by an official transcript and course outline. A minimum grade of "C" (60 percent) is generally required for a course to be considered for Transfer Credit.

Download a Transfer Credit Request form. An official copy of your transcript and applicable detailed course outlines should be attached and submitted. Please note it may take 4 to 6 weeks for a Transfer Credit decision.

More Information

Please visit the Office of the Registrar.

Pathways

Build on your Seneca Polytechnic credential

Seneca is recognized as a leader in pathways and offers a range of options to help you reach your educational and career goals.

As a graduate of this program, you may be eligible to pathway into a bachelor's degree program at Seneca or at one of our partner institutions.

To explore your pathway options and learn more, visit our Degree Transfer Guide.

If you have additional questions regarding pathways to, within and beyond Seneca, connect with our Academic Pathways team at 416.764.0399 or email academic.pathways@senecapolytechnic.ca.

After reviewing the Degree Transfer Guide, you can also book a virtual appointment to discuss your options in more detail with a dedicated Pathways Adviser.

Graduation/Convocation

When you meet all program requirements and become eligible for a certificate, diploma, or degree, you must inform the Registrar by completing a Graduation Application form and paying the graduation and alumni fee. Certificates, diplomas, and applied degrees are issued twice a year in the Fall (October), Spring (June) and Winter (February).

For further information including deadlines and fees, please visit the Convocation website or contact the Convocation Office at theservicehub@senecapolytechnic.ca.

Minimum Performance for Graduation

A student will be eligible to graduate from a certificate, diploma, advanced diploma or graduate certificate program if they have achieved a minimum graduating GPA of 2.0.

A student will be eligible to graduate from a degree program if they have achieved a minimum graduating GPA of 2.5, which includes a minimum GPA of 2.5 in the courses in their main field of study and a minimum GPA of 2.0 in breadth courses.

Program Contacts

Aliya Merchant
Program Assistant
aliya-akil.merchant@senecapolytechnic.ca
437-312-1021


For more information about this program, fill out the following form.