Small Business Accounting
This College Certificate program prepares students with the basic knowledge needed to manage the accounting needs of a small business using QuickBooks accounting software.
- Learn the basics of QuickBooks accounting software for application in a small-business
- Benefit from supportive and experienced facilitators who are active in their industry
- Courses are built with flexibility in mind and can be accessed anytime and from anywhere
Program Availability and Schedule
Availability
Availability varies by course. Click here to view availability for courses in this program.
Schedule
Given the part-time delivery of this program, there is not a standard schedule for all learners.
Program Summary
Credential
Program Code
Area of Interest
Graduates may be successful finding entry-level employment in administration for small businesses or pursuing self-employment opportunities.
To qualify for this certificate, you must complete the program within two years....(read more)
Overview
This College Certificate program prepares students with the basic knowledge needed to manage the accounting needs of a small business using QuickBooks accounting software. Through a combination of discussions and applied exercises, students are exposed to theoretical and practical knowledge on introductory financial accounting focusing on the key functional areas of accounting and financial management.
Graduates may be successful finding entry-level employment in administration for small businesses or pursuing self-employment opportunities.
To qualify for this certificate, you must complete the program within two years.
SUCCESS FACTORS
This program is well-suited for students who:
- Are adaptable and enjoy problem solving.
- Communicate effectively with people in a variety of capacities.
- Possess an entrepreneurial mind set.
- Perform working both independently and collaboratively.
- Possess a keen eye for detail.
- Have strong organizational skills.
Courses
Registration Note:
If you would like to take courses individually or start the program part time, you are not required to apply to the program. You can register for up to three courses per term by clicking on the course title and selecting "Register Online".
Online  |
| Course Number | Hours | Course Name | Fall | Winter |
|---|---|---|---|---|
| ACC0004 | 42.0 | Quickbooks Online | | |
| ACC2201 | 56.0 | Financial Accounting I | | |
| ACC2307 | 42.0 | Quickbooks Online Level II |  | |
| ACC2202 | 56.0 | Financial Accounting 2 | | |
| MGT2303 | 56.0 | Small Business Financial Management | | |
COURSE DESCRIPTIONS
ACC0004 Quickbooks Online
In this course students examine the difference between QuickBooks Pro and QuickBooks Online (QBO, a cloud-based accounting software program). Students will apply key features including: tracking and communicating with customers, invoicing, supplier management, profitability analysis, HST management and reporting.
ACC2201 Financial Accounting I
This is the first course in a series of three financial accounting courses in this program. Students learn to identify, measure, record and report financial transactions. Students learn the fundamentals of the accounting cycle necessary to complete the financial statements and accounting records of a business. Through a combination of in class lectures, practical exercises and the use of computer assisted tools, students develop an understanding of essential accounting concepts necessary for future studies.
ACC2307 Quickbooks Online Level II
This advanced QuickBooks Online Level 2 course addresses the needs of those who desire a deeper look at QuickBooks extended capabilities as well as cloud application possibilities . In addition to reviewing the skills and knowledge required for daily small business accounting needs, students will learn how to streamline processes and support their accounting records for tax and audit purposes. Students will learn about QuickBooks Accountant connections, examine various integration applications to streamline processes, meet specialized business needs, and take a deeper look at the QuickBooks Reporting Centre and how it supports business performance analysis.
ACC2202 Financial Accounting 2
Building on previous studies in financial accounting, students expand their knowledge of fundamental accounting concepts involved in measuring and recording financial transactions, including analyzing these transactions and reporting them in the financial records of a business. Students experience a combination of in class lectures, practical exercises and the use of computerized tools to aid in the progress and understanding of critical accounting concepts.
Pre-requisites: ACC2201 or ACC1100 and ACC1207 or ACC2310
MGT2303 Small Business Financial Management
The major purpose of this course is to prepare students to assume a role as entrepreneur, acting as a general manager, as opposed to an accounting technician or a financial specialist. The emphasis is on developing a broad understanding of those accounting and financial management concepts and terminologies which will serve them in the course of starting and operating a small business.
Careers & Pathways
Careers
Graduates may pursue opportunities in small business entry-level roles such as bookkeeper and general accounting clerk.
Pathways
Please use our Pathways tool to search for pathway options.
Learning Outcomes
The graduate has reliably demonstrated the ability to:
- Collect and record financial transactions for sole proprietorships, partnerships and private enterprises.
- Prepare and present financial statements and reports for sole proprietorships, partnerships and private enterprises in compliance with Canadian Generally Accepted Accounting Principles.
- Apply computer skills and knowledge of accounting information systems by maintaining electronic accounting records using current accounting software programs.
- Identify and understand financial management concepts to manage business operations.
Tuition & Fees
2024/2025 Academic Year
Fees are subject to change.
Fees for part-time programs are charged on a course-by-course basis and are published on each individual course page. For questions related to fees, please call the Registrar's Office at 613-727-0002.
Graduation Fee:
Once you have completed all the courses in the program, it is the responsibility of the student to complete a credential application (https://www.algonquincollege.com/online/certificationgraduating/). A graduation fee is charged when the application is submitted. After your credential application has been approved, you will be invited to Convocation.
Admissions Requirements
All applicants must satisfy both College Eligibility and Program Eligibility requirements.
College Eligibility
The following requirements are recommended to ensure success in the program:
- Ontario Secondary School Diploma (OSSD) or equivalent; OR
- Academic and Career Entrance (ACE) certificate; OR
- General Educational Development (GED) certificate; OR
- Mature Student status (19 years of age or older and without a high school diploma at the start of the program).
Program Eligibility
The following requirement is recommended to ensure success in the program:
- English, Grade 12 (ENG4C or equivalent).
- It is recommended applicants with international transcripts have the following IELTS or TOEFL scores to ensure success: IELTS-International English Language Testing Service (Academic) Overall band of 6.0 with a minimum of 5.5 in each band; OR TOEFL-Internet-based (iBT) Overall 80, with a minimum of 20 in each component: Reading 20; Listening 20; Speaking 20; Writing 20; OR Duolingo English Test (DET) Overall 110, minimum of 110 in Literacy and no score below 95.
Application Information
Registration Note:
If you would like to take courses individually or start the program part time, you are not required to apply to the program. You can register for up to three courses per term by clicking on the course title and selecting "Register Online".
Additional Information
Program Resources
International students wishing to study online should visit https://www.algonquincollege.com/online/international for information related to International online students and for International fees information prior to registering. Please note that AC Online programs do not qualify international students for new study permits or study permit extensions.
AC ONLINE ACADEMIC PLANNER:The Academic Planner provides registered part-time students the ability to declare into a program of study. The Academic Planner outlines successfully completed courses to date, as well as courses that need to be completed in order to meet graduation requirements. It is therefore, essential that all part-time students declare to their program of study, allowing administrators to plan course offerings. The tool is available on ACSIS, located under 'Part-time Students' on the left-hand toolbar.
PRIOR LEARNING AND RECOGNITION (PLAR):
Students who wish to apply for PLAR need to demonstrate competency at a post-secondary level in all of the course learning requirements. Evidence of learning achievements for PLAR candidates may include a comprehensive challenge examination and/or completion of a portfolio.
PROGRAM PROGRESSION:
As per policy AA39: Program Progression and Graduation Requirements when students are admitted to a program, they are assigned to the Program of Study that aligns with their start date. If a student takes a break for two or more consecutive terms the Program of Study is reset to align with the current version (when studies are resumed).
Contact
For additional information, please contact AC Online at online@algonquincollege.com or 613-727-4723 ext. 3330.