Accounting Administration with Internship

KNOWLEDGE & SKILLS GAINED

PROGRAM OUTLINE

Student Success Strategy - Introduces to techniques, skills and concepts to achieve personal, academic and professional success.

Computer Fundamentals and Internet - Introduces to computing fundamentals, internet and windows operating system.

Keyboarding Skills - Introduces skills for proper use of home row and posture to increase speed and accuracy.

Microsoft Word, Excel, PowerPoint - Introduces to the skills, training and assessment of computing concepts and techniques to gain proficiency in word processing, spread sheet functions and impact of computing on the present day society.

English I - Introduces to college level English reading and writing skills to develop grammar, vocabulary and paragraph development.

Business Mathematics - Introduces to the essential concepts of making business related calculations.

Financial Accounting I - Introduces to objectives and fundamental concepts of accounting, analyzing and recording of financial transactions; preparation of income statements; accounting for merchandising business, fund flow analysis, payroll accounting and employer’s payroll expenses.

Microsoft Excel - Introduces to improve the competency in customizing the Excel interface.

Business Communication - Introduces to the fundamental principles of effective business communication in global environment, stressing on the skills necessary for developing, planning, organizing, outlining and editing various business documents.

Introduction to Cost Accounting - This subject introduces the fundamental concepts and techniques of cost accounting for manufacturing, merchandising, and service organizations. Students examine cost terms and purposes, cost behaviour, cost drivers, inventory types and valuation methods, spoilage, rework and scrap, pricing decisions, budgeting and variance analysis, cost-volume-profit relationships, job costing, and activity-based costing. Emphasis is placed on classifying costs for decision-making, measuring product and period costs, and applying inventory methods such as FIFO, LIFO, and weighted average.

Administrative Procedures - Introduces to the technical skills, soft skills as well as the right attitude to be successful in the challenging, dynamic and diverse workplace environment of the Canadian office.

Financial Accounting II - Introduces to various categories of capital assets, their amortization and accounting for intangible assets, current liabilities and their classification along with organization and operations of corporations and partnership forms of business.

Corporate and Business Law I - Introduction to the Canadian Legal System, courts, tribunals, and procedures, including torts, contract law, sole proprietorship, partnerships, and corporations. Explore employment law, termination and dismissal, collective bargaining, and consumer protection and safety. Students also learn about environmental law, real estate laws and land transactions, intellectual property, patents, trademarks, bankruptcy and insolvency in Canada, and associated legislation.

Business Values and Ethics - Introduces the categories and framework of philosophical ethics in selected professions and the role of the government and issues of corporate governance.

Quick Books and Sage 50 (Simply Accounting) - These two courses introduce the implementation of two computerized accounting software packages, recording of accounting transactions and peroration of financial statements, as well as creating an appropriate accounting system using the business database. It also introduces to the use of the accounting software Sag 50 (formerly called Simply Accounting) and Quickbooks to complete an entire accounting cycle, including the production of financial statements.

Human Resource Management - Introduces to the theoretical and practical aspects of human resource management including job analysis and design, recruiting, retention, training & compensation systems, employees’ health & safety with emphasis on contemporary governmental, legal requirements and international competition.

Income Tax - Corporate - This Taxation course will teach you to do your own tax return with confidence, plan tax strategies that save you money, keep up-to-date on new tax changes, help others prepare their tax returns, minimize your tax liability, find answers to your tax questions and determine which deductions and credits apply to you. Students receive an introduction to corporate income tax including Corporations, Partnerships and Joint Ventures, as well as Acquisitions and Divestitures.

Income Tax - Personal - This Taxation course will teach you to do your own tax return with confidence, plan tax strategies that save you money, keep up-to-date on new tax changes, help others prepare their tax returns, minimize your tax liability, find answers to your tax questions and determine which deductions and credits apply to you.

Fundamentals of Payroll - Fundamentals of Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions, if any . It covers the basics of payroll practices and procedures.

Professional Skills - Prepares students with every aspect of their transition into their new career by identifying and teaching essential business and interpersonal skills. Students receive in class lectures, as well as a private one-on-one appointment with a Career Services specialist to perfect their resume package and interviewing skills.

Practicum - Practicum / Internship provides students with an opportunity to apply the knowledge and skills gained in the Accounting Administration with Internship program in a real workplace environment. While on placement, students gain practical experience in accounting support, bookkeeping, payroll support, tax documentation support, office administration, data entry, filing, customer service, business communication, recordkeeping, and use of business or accounting software. Students work under the supervision of a host site representative and are expected to demonstrate professional conduct, confidentiality, accuracy, punctuality, workplace communication, ethical behaviour, and practical problem-solving. CIMT College assigns placements to provide students with meaningful field experience before being awarded the diploma.

WHY THIS PROGRAM?

Organizations of every size rely on accurate financial records and efficient administrative support. This diploma provides focused training in accounting procedures, bookkeeping software, payroll, taxation, office technology, and professional communication, followed by an internship that connects classroom learning with day-to-day workplace responsibilities.

The combination of technical coursework and supervised field experience helps graduates develop both accounting knowledge and workplace readiness. Employment opportunities may be found in accounting and bookkeeping firms, banks and financial institutions, insurance and real estate organizations, public administration, business services, retail and wholesale companies, manufacturing operations, and other organizations with accounting or administrative departments.

ASSOCIATED NATIONAL OCCUPATION CLASSIFICATION (NOC) CODES

After pursuing a Diploma in Accounting Administration with Internship you are eligible for positions falling under the following NOC Codes

NOC - 14200 - Accounting Clerks – They calculate, prepare and process bills, invoices, accounts payable and receivable, budgets and other routine financial records according to established accounting procedures.

Common Job Titles which you can apply for include - Accounting Clerk , Accounts Payable Clerk, Accounts Receivable Clerk, Audit Clerk, Billing Clerk, Budget Clerk, Costing Clerk, Deposit Clerk, Finance Clerk, Freight-Rate Clerk, Invoice Clerk, Ledger Clerk, Tax Clerk, Tax Return Preparer

NOC - 12200 - Book Keeping - Bookkeepers maintain complete sets of books, keep records of accounts, verify the procedures used for recording financial transactions, and provide personal bookkeeping services.

Common Job Titles which you can apply for include – Accounting Technician, Bookkeeper, Bookkeeping clerk, senior bookkeeper etc.

JOB FUNCTIONS

Accounting and related clerks perform some or all of the following duties:

• Calculating and preparing bills
• Issuing bills and creating customer invoices
• Preparing Account statements
• Maintaining and filing Financial Records
• Recording business transactions
• Budgeting on the basis of revenue and expenditure analysis
• Calculating costs and overheads for preparing quotes and prices
• Preparing reports for presentations and discussions
• Regular clerical duties for record maintenance

Bookkeepers perform some or all of the following duties:

• Preparing and maintaining various accounts
• Preparing statistical, financial and various other accounting reports
• Preparing trial balances of books
• Posting journal entries
• Account reconciliations
• Calculating and preparing payroll cheques, tax returns and other bills
• Ledger maintenance
• Preparing financial statements
• Performing personal bookkeeping services

JOB REQUIREMENTS

Employers commonly look for candidates who have completed college-level accounting, bookkeeping, or related business training and who can work accurately with financial records. Familiarity with computerized accounting systems, spreadsheets, office software, payroll documentation, and routine administrative procedures can be valuable for accounting-support roles.

Requirements vary by employer and position. The program's supervised practicum provides an opportunity to gain workplace exposure, practise professional communication and confidentiality, and demonstrate accuracy, organization, punctuality, and ethical conduct in a business setting.

EMPLOYMENT AREAS & PROSPECTS

The Accounting Administration with Internship program prepares graduates to seek opportunities in organizations that require bookkeeping, accounting support, payroll assistance, financial recordkeeping, and office administration. Potential employment settings include accounting and bookkeeping firms, banks and other financial institutions, government departments, insurance and real estate organizations, retail and wholesale businesses, manufacturing companies, import and export operations, and general business offices.