Business Accounting – BAC2/BAC4
Introduction
Video: Business Accounting Program – Coordinator Testimonial – Matthew Little [3:29] Captions available on YouTube.
Do you want to be at the center of it all? Choose accounting! As an accounting student, you will learn how to support and assist with key decision-making throughout any organization. You will learn about various areas of expertise including Financial Reporting, Audit, Tax and Management Accounting. Fanshawe differentiates itself by teaching students the accounting theories and current tools employers use, allowing our students to be ready to work on day one of their new job. For the current job outlook for Accountants in Ontario please visit Accountant in Ontario | Job prospects – Job Bank. Employers are looking for you!
Unique Program Experiences
Fanshawe Student Tax Clinic
During level 3 of the BAC program, students have the opportunity to utilize their newly acquired tax skills by participating in a student-run Tax Clinic held at the main Fanshawe Oxford Street campus. The BAC students assist fellow Fanshawe students in filing their annual tax returns. A local public accounting firm, Ford Keast and Fanshawe Tax Faculty assist, while students gain valuable hands-on experience.
Toolkit
The technology and tools that students will take away from the program are as follows:
- MS Office
- QuickBooks
- Sage 50
- Project Management
- Microsoft Excel
Student Experience
Fanshawe Accounting Association
The Fanshawe Accounting Association (FAA) is a student-run and faculty-advised club that puts on several events throughout the school year, linking students to employers and also providing a valuable connection with the Canadian Professional Accountants of Ontario (CPA). The club’s purpose is to create opportunities for students to engage in new experiences through networking and connecting. The FAA annual networking event features guest speakers and dozens of partner organizations. Some of the businesses participating in the FAA networking event include: Davis Martindale, BDO, Taxably, Marcus & Associates, KPMG, Bossy Nagy, MNP, Ford Keast, Fisher Corp, Grant Thorton, and Wilkinson Rogers.
Student Testimonial
Video: Business Accounting – Student Testimonial – Abigail Romero [3:41] by Fanshawe College. Captions available on YouTube.
Your Future Career
The Business Accounting Diploma program covers all core areas of accounting, resulting in a graduate’s ability to secure work in accounts payable, accounts receivable, payroll, or general bookkeeping. The Advanced Accounting Diploma (link to that OER Program Guide), supports the students’ journey to continue their learnings, enabling them to develop into Manager-level skillsets, and can take them on the path toward the CPA designation.
| Accounts Payable : Clerk to Manager | Perform Data entry, payment processing, general ledger coding, and analysis |
| Accounts Receivable: Clerk to Manager | Perform Data entry, collection and receipt processing, sales coding, and analysis |
| Payroll Analyst | Perform Data entry, payroll and remittance processing, new employee setup, and analysis |
| Financial Analyst | Perform Data entry, generate standard and ad-hoc reporting, general ledger and journal entry coding, and analysis |
| Small Business Operator | Perform complete cycle book-keeping, including sales, purchases, payroll, budget and reporting, along with general analysis |
Co-op Employers
- Davis Martindale
- BDO
- Ford Keast
- MNP Accounting
- Taxably
Your Future Path
Students graduating from the 2-year BAC diploma program also have the opportunity to continue their accounting studies with Fanshawe. Students can complete one additional year (2 semesters) in the Business Accounting – Advanced diploma to develop their accounting knowledge. Fanshawe also offers a Degree in Accounting. BAC and BAA students are admitted with advanced standings into the Degree program. Students who complete the Degree program have also successfully completed the preparatory (PREP) course requirements for the CPA designation and can advance to the Professional Education Program (PEP) program.
As well, Fanshawe BAC students can transfer to Western University after completing the 2-year diploma program, moving directly into the 3rd year of study. Students graduate with an honours degree from the DAN Management & Organizational Studies Department DAN Management – Western University (uwo.ca).
Co-op
For Co-op opportunities, please visit the Business Accounting(Co-op) – BAC4 program website.
To learn about the Business Accounting program, including the description, admission requirements and courses, see the program website.
