Pures Business – Accounting

Program Description
Credential: 2-Year Diploma
Delivery: Full time
Program Length: 4 Semesters

The Business – Accounting option will give students the skills to handle a variety of accounting situations. As part of a management team, graduates will help gather, organize and analyze financial data, administer accounting systems, and advise on accounting problems. Courses in the first two semesters will introduce students to accounting principles. They will also take courses in marketing, human resources management, math, and business to provide themselves with a solid foundation for their chosen career. During the third and fourth semesters, new subjects are added and earlier subjects are expanded upon. Students will also practice accounting procedures using both manual and computerized accounting software programs. The Canadian Payroll Association and the Canadian Institute of Bookkeeping recognize these Northern College courses.

Career Opportunities
Graduates will find employment in business and industry, accounting firms, non-profit organizations or government agencies often at rewarding levels of responsibility.

Start Date
January, May, September


  • Semester 1
    AC1004 Accounting I
    BU1073 Introduction to Business Management and Organizational Behaviour
    CM1903 Communications I – Model A
    GN1033 Health and Safety (PC)
    MA1004 Mathematics of Finance I
    IN1093 Computer Applications for Business and Technology
    MR1033 Introduction to Marketing I
    EV7003 Issues in Environmental Sustainability

    Semester 2
    AC2004 Accounting II
    CM2903 Communications II – Model A
    IN2013 Computer Applications II
    MA2033 Mathematics of Finance II
    MR2014 Introduction to Marketing II
    BU1074 Principles of Human Resource Management
    EL1103 General Education Elective I (PC)
    IN2042 E-Business and Web Research

  • Semester 3
    GN2133 Law and Ethics
    BU3013 Macroeconomics
    CM3103 Report Writing I
    IN4143 Database
    MR3003 Retailing and Electronic Commerce
    MR3043 Advertising in the New Economy
    EL1103 General Education Elective I (PC)
    PH2103 Critical Thinking and Problem Solving (CK/KL/HL)

    Semester 4
    AC4053 Financial Management I
    BU4013 Microeconomics
    CM4102 Report Writing II
    MR4043 Market Research
    MR4114 Sales and Salesmanship
    AC6023 Taxation 1

Semester 1
AC1004 Accounting I
This course gives hands-on training in fundamental accounting concepts as applied in service and merchandising firms. Students will be taken through a complete cycle and will record and report financial transactions. At every point in the course, students will examine the accounting decisions based on financial transactions taken from real work situations. This course will provide the foundation for general accounting principles with an understanding of a general and a trust account. The students will also understand the LSUC’s books and record keeping requirements and the obligations related to trust accounts, preservation of client property and withdrawal of trust monies. The student will have an understanding of financial statements and bank reconciliations.

BU1073 Introduction to Business Management and Organizational Behaviour
This course consists of an examination of the Canadian business environment and the management decision making process as an integral component of organizational behaviour.

CM1903 Communications I – Model A
Communications I is a practical course designed to help strengthen both oral and written skills. Students will be exposed to a variety of learning methods and communication formats. Emphasis will be placed on the use of appropriate structure, writing conventions and style. Students will also develop discipline-specific documents as well as learn the basics of portfolio assembly and presentation.

GN1033 Health and Safety (PC)
This course is an introduction to the Occupational Health and Safety Act and Regulations. Topics include the Act and several related regulations. The student will also complete a valid WHMIS certification course during the semester.

MA1004 Mathematics of Finance I
This course is divided into several building blocks. The primary focus is to start with fundamental arithmetic and algebra and apply the learned techniques to common business problem solving. In tandem, students will also learn several business mathematics techniques and their application.

IN1093 Computer Applications for Business and Technology
Students are introduced to commonly used features of the most widely used microcomputer applications – MS Word, MS Excel, and MS PowerPoint. Basic computer skills are required as prerequisites. A series of lectures, projects, and exercises will take advantage of Microsoft Office features. Word’s extensive menu, toolbar, and template features will be used to create various business documents. Project material is developed so that students will apply their software skills to course material throughout their program of studies.

MR1033 Introduction to Marketing I
Modern marketing involves much more than selling and promoting – marketing is the process of determining and satisfying the needs of customers. This means that students’ everyday lives are touched by one or more aspects of marketing. Students will learn how to be better consumers and then apply their understanding of marketing to analyze different marketing approaches used by actual businesses.

EV7003 Issues in Environmental Sustainability (CK/KL/HL)
Our human society is at a crossroads in terms of our management of the environment. Population growth, and the demands it continues to place on our available resources, has resulted in a situation in which the judicious management of those resources is no longer an option. This multidisciplinary, general education course is of interest to students of all walks of life and all intended professions, as a guide to how they can learn to live more sustainably in their personal and professional lives, and, in so doing, preserve the environment for the needs and enjoyment of future generations.

Semester 2

AC2004 Accounting II
This fundamental accounting concepts course deals with the basics of analysis and recording of transactions involving assets and liabilities. Because efficient management of cash flow is essential for the survival of any business, students will focus on this asset first. Consequently, the course begins with an introduction to cash management and control procedures used by different types of businesses. In the remainder of the course, students learn the fundamental/basic accounting concepts and techniques for recording other assets and liabilities. Students will apply these fundamental accounting concepts by completing a project for a “virtual business.”

CM2903 Communications II – Model A
Communications II is a continuation of Communications I and is designed to strengthen practical written and oral presentation skills. Students will apply the appropriate principles and formats to job-related documents and will continue to review grammatical structures and apply editing strategies.

IN2013 Computer Applications II
This course covers advanced computer applications including advanced Microsoft Office Word, Microsoft Office Excel, intermediate Microsoft PowerPoint and introduction to Microsoft Access. Topics include creating a web page from a Word document, form letters, merging to form letters, labels and envelopes, financial functions, amortization schedules, data tables, creating and querying a worksheet database, spreadsheet templates, linking worksheets, advanced animation, transitions and sound files for slide show presentations, and structuring databases. The lectures will be supplemented with in-class assignments and tests. This course is common in many programs therefore students should expect minor variations from the description presented here.

MA2033 Mathematics of Finance II
This course begins with an introduction to common arithmetical techniques used in the world of finance. As the course progresses, students will progress to the more advanced techniques followed in financial problem solving. Students will also become proficient in the use of various financial calculators. Prerequisite: MA1004 Math of Finance I.

MR2014 Introduction to Marketing II

BU1074 Principles of Human Resources Management
This course will teach students how to forecast the human resource needs of an organization within ambient socio-political situations

EL1103 General Education Elective I (PC)

IN2042 E-Business and Web Research (CK/KL/HL)

Semester 3

AC3004 Accounting Applications I
The focus of this course is on computerized accounting. Students will understand the critical differences between a manual and computerized accounting system. The course will expose students to the increasing use of computerized accounting systems in business and non-business organizations. The platform of learning will be two very popular and commonly used accounting software programs: Simply Accounting by Sage and Sage AccPac ERP. Students will complete major application projects for each.

AC3033 Accounting III
This course is an introduction to accounting for corporations. The corporate form of business organizations poses some unique challenges for financial accounting. Issuance of bonds or shares, investments in other corporations’ securities, and reporting of dividends and earnings per share, are all examples of events or transactions that do not affect the financial statements of a smaller business. This course will also explore how corporations communicate information about cash management activities through the statement of cash flows. Students will apply what they learn to problems, mini-cases, and the understanding and interpretation of actual annual reports of prominent Canadian corporations.

BU3013 Macroeconomics
Macroeconomics presents an overview of the Canadian economy focusing on national trends such as unemployment, inflation and monetary/fiscal policies. The course will provide students with a basis to analyze current activities for predicting future trends as a basis for business decision-making. Discussions will focus on helping students apply theory about macroeconomics to current events.

CM3103 Report Writing I
This course is an extension of Communications I and II, and concentrates on the writing of business reports. The course introduces students to the methodology of researching, organizing, compiling, analyzing and interpreting information to solve business problems. Students learn the theory and apply it to writing short, informal reports, proposals and a long formal report.

IN4143 Database
This course will introduce the student to the many features and applications of Access. Access terminology and characteristics of a database will be covered. Students will learn to create,worksheet to an Access table and merging a Word form letter with an Access database.

GN2133 Law and Ethics
This course provides a basis for legal and ethical issues of importance to graduates and specifically covers torts, professional liability and contract law. Its goal is to begin preparing the student for professional designations and/or examinations.

PH2103 Critical Thinking and Problem Solving (CK/KL/HL)
Critical Thinking/Problem solving will enable the learner to assess the arguments of others by equipping them with the skills to asses the truth claims put forward in support of a conclusion and to assess the structure and consistency of the argument itself. The learner will discover how to effectively construct arguments to advocate for their own positions. As a result, the learner will hone their ability to critique the claims of others, to understand and articulate their own opinions, and to make the best decision in a given set of circumstances.

General Education Elective I (PC)

Semester 4

AC4004 Intermediate Accounting I
This course focuses on an understanding of financial statements. This is the first of three courses to prepare the professional accountant responsible for the communication of financial information to shareholders, creditors, and financial institutions. In this course, the student will study the theoretical and practical basis of financial accounting systems leading to the preparation of the set of financial statements found in a company’s annual report. Student understanding of financial statement preparation and use will be enhanced through application of knowledge gained through problems, cases and realistic business situations.

AC4034 Management Accounting I
This course continues on from Managerial Accounting I with the important discussion of the management use of accounting information in the Public Administration program. Again, this course will cover some of the important ways in which managers can use accounting information for planning, control, and decision-making. While some attention is given to manufacturing companies, most of the techniques covered in this course are applicable to retailers, service providers, non-profit organizations and government. Students will learn how to use techniques like variance analysis and relevant costs for decision-making in a variety of potential employment situations through problem assignments and class discussion. Prerequisite: AC3054 Managerial Accounting I

AC4053 Financial Management I
This course introduces the main concept of financial management and its increasing importance in a business organization. Areas examined include, working capital management, capital structuring, capital budgeting, financial analysis and planning, business securities and taxes, financial markets, interest rates and project evaluation. Prerequisites: MA2033 Math of Finance II, AC2004 Accounting II.

BU4013 Microeconomics
Microeconomics focuses on individual products and their prices. By studying the laws of supply and demand, students can see how prices are determined and be able to make wiser business decisions. The Canadian economy and individual commodities form the backdrop for the teaching of the laws of supply and demand, cost curve analysis, production and pricing. Students will track actual product prices and determine reasons for fluctuations.

CM4102 Report Writing II
This course is an extension of Report Writing I. As part of formal report preparation, students will study both primary and secondary research including the preparation of questionnaires, interviews and telephone surveys. In addition, this course introduces students to the dynamics of planning and participating in meetings. This course also includes an intensive treatment of job search techniques designed to help students prepare for the job market, participate in employment interviews and evaluate potential employees. Prerequisite: CM3103 Report Writing I.

AC6023 Taxation I