Confederation College Board of Governor's Certificate
Bookkeeping
The Bookkeeping program provides a fundamental foundation for maintaining accounting records in industry, commerce, and government. Students develop practical skills in accounting theory and computer applications to work as bookkeepers, payroll officers, and accounting clerks in various sectors.
This certificate program provides you with a basic foundation for maintaining the accounting records of entities in industry, commerce and government. Required courses include both theory and computer application.
Please review the Courses, Admissions Requirements and Getting Started tabs for more information on this program.
Ontario Secondary School Diploma (or equivalent) with courses from the College (C), University (U), University/College (U/C), or Open (O) preparation levels with Grade 12 English (E/C/U) Level.
or successful completion of the Mature Student Assessment.
or successful completion of the Canadian Adult Education Credential (CAEC) or General Education Development Test (GED), prior to May 2024.
or appropriate credits from the Academic and Career Entrance (ACE) program — ACE Communications, ACE Core Math.
This intake is not available for international students.
Student Accessibility and Essential Program Requirements
Confederation College is committed to providing an accessible and inclusive learning environment and will provide reasonable accommodations to students with disabilities in accordance with the Ontario Human Rights Code, the Accessibility for Ontarians with Disabilities Act (AODA), and College policy.
Students who require accommodations are encouraged to engage with Student Accessibility Services and are responsible for initiating and participating in the accommodation process. Accommodation is a collaborative process involving the student, Student Accessibility Services, faculty, and the Academic School. Requests for accommodation are considered on an individual basis, and the College will work with students to identify reasonable accommodations that provide equitable access to learning while maintaining the integrity of the program.
Students are expected to demonstrate the essential knowledge, skills, professional behaviours, learning outcomes, and competencies required to successfully complete their program. While the manner in which these requirements are demonstrated may be accommodated where appropriate, the essential requirements themselves must still be achieved.
For programs involving laboratories, field work, clinical placements, aviation environments, trades training, equipment operation, simulations, community placements, or other environments where health and safety are critical, accommodations must also be consistent with applicable legislation, professional standards, licensing requirements, accreditation standards, and workplace safety obligations.
In some circumstances, a requested accommodation may not be reasonable or possible where it would:
Fundamentally alter an essential program requirement, competency, or learning outcome.
Compromise the health or safety of the student or others.
Conflict with provincial or federal legislation.
Conflict with the requirements of an external regulatory, licensing, accreditation, or professional body.
Prevent the student from demonstrating competencies required for safe and effective professional practice.
Note
Where a particular accommodation cannot be provided, the College will work collaboratively with the student to identify whether an alternative accommodation can appropriately address the student’s disability-related needs while maintaining essential program requirements.
Courses
1 intake
Any Time5402
Semester 1
OL 090
Accounting Basics I
42 hours
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.
In this second of the two introductory accounting courses, students will expand their understanding of accounting principles and concepts while covering specific topics including: capital assets, corporations' shareholders' equity, and bonds payable. Preparation of the Statements of Retained Earnings and Cash flows will also be covered. Finally, the students will expand their understanding of the role of financial statement users by studying financial statement analysis. Prerequisite: OL090 Accounting Basics I or AC111
This course explores the framework of financial accounting and the statements of comprehensive income, financial position, and changes in equity. Students examine intermediate accounting topics with an emphasis on the recognition of assets and revenue recognition. PREREQUISITE: OL090 OL 091 or equivalent
This is an introductory course to federal income tax in a Canadian setting. Students will gain an understanding of the underlying objectives and principles of income taxation. Topics include employment income, business income, income from property, investment income and capital gains. Personal tax returns for individuals will be completed both manually and using a tax preparation software program.It is recommended that students have knowledge of accounting prior to taking this course (OL090 Accounting Basics I and OL091 Accounting Basics II)
Computer Software Requirements: Microsoft Excel
NOTE: This course is not for MAC users. Please note the tax software used is only available in a Windows PC version at this time.
This course builds on the knowledge base obtained in Taxation 1 to enable students to complete a T1 General Tax Return for individuals earning business, property, and capital income. With this enhanced knowledge students calculate income taxes payable and through situational analysis determine which income tax credits an individual is entitled to deduct from taxes payable. In addition, students obtain a foundational understanding of income earned through a corporation to complete a T2 Corporate Tax Return. With this knowledge students critique the tax planning opportunities of earning income through a corporate entity or as an individual. Prerequisite: OL160 Taxation I Computer Software requirements: Directions on how to access the Profile software will be provided by the facilitator. Note, Profile does not work on MAC products. Students with a MAC will need to manually complete the PDF documents (also provided by the facilitator).
This course introduces managerial accounting concepts and terminology including the elements of a job costing system, the application of cost-volume-profit analysis, and the application of job order costing, process costing, and activity-based costing. It is recommended that students have taken OL090 Accounting Basics I prior to this course.
Learn to use Microsoft Excel to create and format spreadsheets in order to analyze data and make more informed business decisions. You will discover how to; create, edit, format and print workbooks; use mathematical formulas and functions; create and format charts and shapes; insert images; cut, copy and paste data.
Computer Software Requirements: Microsoft Excel version 2016, 2019, 2021 or 365. MAC users are not supported in this course.
This course will familiarize students with the digital world by exploring the hardware and software of their computer system. Students will learn to use the most common functions of the Windows operating system including File Explorer for file management, utility programs, various web browsers for social media while observing and identifying security and privacy concerns and issues. Students will learn to build properly formatted documents using Microsoft Word and spreadsheets including correctly functioning formulas using Microsoft Excel and create commanding presentations with Microsoft PowerPoint while using the cloud to store and access their files.
Computer Software Requirements: Windows and Microsoft Office 2016, 2019 or 365. MAC users will not be supported in this course.
This course covers the following topics: maintaining payroll records; salaried, hourly, commission and contract workers; taxable benefits, statutory and other deductions; preparation of payroll journal entries; preparation of Records of Employment; preparation of T4s and T4 Summary; Workers' Compensation; Employment Standards; and validate the use of Computerized Payroll systems.
This course introduces students to a multi-module accounting software program designed for small to medium-sized businesses. Students will use the software and their knowledge of Generally Accepted Accounting Principles (GAAP) to create and maintain accounting records, including period-end procedures and the creation of financial statements for sole proprietorships. Formally known as Sage 50 - (Uses Sage 50)
Note: This course uses Sage 50 2021. It is strongly recommended that students have taken an introduction to accounting course prior to taking this course. Students will be instructed in the first week of the course on how to install a free student version of the software (obtained through the purchase of the correct textbook). System Requirements • Processor operating at 1.0 GHz or higher (2.0 GHz recommended) • 4GB of RAM (6 GB recommended) • 2 GB hard disk space (additional 1GB needed for installation) • Latest version of Internet Explorer • Microsoft® supported version of Windows 7, Windows 8.1, or Windows 10 (with the latest updates from Microsoft) Sage 50 software will not run on a Mac.
Examine the difference between QuickBooks Pro and QuickBooks Online (QBO, a cloud-based accounting software program). Apply key features including: tracking and communicating with customers, invoicing, supplier management, profitability analysis, HST management and reporting. Additionally, students will explore 3rd party application integration. Computer Software Requirements: Intuit Canada provides a complimentary 1 year student trial of QuickBooks Online. There is a sign up process within the course shell and the students will receive an email invitation from the facilitator with further directions. It requires access to the internet and a PC or Mac and is optimized for Chrome primarily. The course work cannot be done on a mobile device.
Graduates may find opportunities in both private and public sectors as bookkeepers, payroll officers, in accounts receivable and payable departments and as office clerks.
Clicking the button will take you to a detailed dashboard with up-to-date job data tailored to your program, including salary ranges, job titles, and projected demand.
Pathways
Confederation College offers a variety of articulation agreements designed to help you advance your education and career. Whether you're coming to us from another institution or planning your next steps after completing your program, our pathways make your transition seamless and effective.