Business - Accounting (Online)

You may also be interested in the In-Class option:

• Business - Accounting

Centennial College's Business – Accounting program was created for students seeking excellent accounting-related training in a short time frame.

In this two-year Business School program, you'll learn the basics of accounting through a rigorous curriculum that will focus on expanding employable skills. While this business program will include the quality features of all Centennial College accounting programs, it will concentrate on building proficiency in financial and managerial accounting and on fostering in-depth knowledge of accounting software. Because they're essential for career success, communication and analytical skills will also be emphasized.

As a graduate of this diploma program, you'll be able to look forward to rewarding employment opportunities in a wide range of business sectors.

Program Highlights

• In the Business – Accounting program, you'll build the strong foundation of skills necessary for pursuing a profession in accounting.
• Professors in The Business School have strong academic backgrounds, deep subject matter expertise, and extensive business and management experience.
• Your transition into the workplace will be made easy with training in industry-standard accounting software, including QuickBooks and Sage ACCPAC ERP.

Career Outlook

• Junior (entry-level) accountant
• Accounting clerk
• Accounting assistant
• Accounts payable clerk
• Accounts receivable clerk
• Accounts payable officer
• Accounts receivable officer
• Credit and collections officer
• Fixed asset management officer
• Auditor
• Accountant
• Financial consultant
• Financial officer

Education Pathways

Start with a diploma, end with a degree! Successful graduates of this Business - Accounting diploma program will have the opportunity to apply their learning for credits toward further study at the degree level. Listed below are the degrees from partnering institutions available for this program.

Please note that each partner pathway has specific minimum requirements in order to qualify for transfer credits, which are assessed by the receiving partner institution.

Please visit our website at //centennial.adv-pub.moveonca.com/outgoing-home/ for more information on articulation agreements.

For pathways to other Ontario post-secondary institutions, please visit ONTransfer.

Areas of Employment

• Accounts payable
• Accounts receivable
• Credit and collections
• Fixed asset management
• Inventory control
• Managerial and cost accounting
• Payroll

Academic Requirements

• Ontario Secondary School Diploma (OSSD), or equivalent; or mature student status (19 years or older)
• Grade 12 English College or University preparation course, or equivalent (minimum grade required); or take the Centennial English Admission Test
• Grade 11 Mathematics College, Mixed or University preparation course or Grade 12 Mathematics College or University preparation course, or equivalent (minimum grade required); or take a Centennial College Business Math Skills Assessment for Admission

Additional Requirements

• English language proficiency

1. Apply Online

Domestic Students

If you are applying through the Better Jobs Ontario Program, please apply at the Employment Training Centre (Progress Campus). The Better Jobs Ontario Program is a funding initiative for those who have been laid-off and are in need of training. For more information go to Better Jobs Ontario Program.

If you have previously attended a full-time program at Centennial College, you may be eligible for a Program Transfer. Visit Enrolment Services at any Campus for information.

All other applicants must apply online at Ontariocolleges.ca. A non-refundable application fee of $125 must accompany applications. The fee is payable online, by telephone, online banking, by mail, or in-person to Ontariocolleges.ca. For more information go to Ontariocolleges.ca Application Fees.

International Students

 Apply directly to Centennial College here.

2. Submit Documents

Domestic Applicants

Current Ontario high school students and graduates from Ontario high schools: Notify your guidance counsellor that you have applied to college and your school will forward transcripts to Centennial College via Ontariocolleges.ca.

Graduates of college/university, or high school outside Ontario but within Canada: You are responsible for requesting that your educational institute sends any required documents and transcripts to Ontariocolleges.ca.

Domestic applicants who attended school outside of Canada: If you are submitting transcripts to meet admission requirements, you must have the transcripts assessed by an independent credential assessment agency such as World Education Services (WES) or International Credential Assessment Service (ICAS). For more information go to Submitting your Transcripts.

International Applicants

Please refer to the International Education Application Guide.

3. Confirm Your Offer of Admission

Offers of Admission are sent by mail to eligible applicants. When you receive your offer, you must login to your account at Ontariocolleges.ca and confirm before the Deadline to Confirm noted in your offer letter.

You may confirm only one college and one program offer at a time.

You must confirm your offer by the Deadline to Confirm noted in your Offer of Admission letter or your seat may be given to another applicant.

When you confirm your Offer of Admission at Centennial College you are given access to your personal myCentennial account where you can check your email, grades, register for courses, pay tuition fees, and see your class timetable.

4. Pay Fees

Centennial fees statements are sent by email to your personal email account and to your myCentennial email account. Fees statements are not mailed.

You must make a minimum payment by the Fees Deadline noted in your Fees Statement or your seat may be given to another applicant.

5. Build Your Timetable (Register for Courses)

Build your timetable (web-register for courses) at my.centennialcollege.ca.

Fall registration begins mid-July
January registration begins mid-December
May registration begins mid-April

Your web-registration will not open if:

You have not submitted your minimum fee payment by the deadline
You received a Conditional Offer of Admission and you have not met the conditions of your offer.

Once you have paid your fees or have made appropriate arrangements, register for your courses online through myCentennial.

Fees noted below are estimates only. Tuition is based on two semesters, beginning Fall 2024.

Program Vocational Learning Outcomes

Program Vocational Learning Outcomes describe what graduates of the program have demonstrated they can do with the knowledge and skills they have achieved during their studies. The outcomes are closely tied to the needs of the workplace. Through assessment (e.g., assignments and tests), students verify their ability to reliably perform these outcomes before graduating.

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