Description
Prepare for a wide range of careers in the accounting field.
You will learn the fundamentals of accounting and how to prepare financial statements by developing accounting, financial, and related computer skills. You will develop a strong working knowledge of double entry accounting, adjustments, special ledgers, journals, and the preparation of financial statements.
You may also expand your knowledge in one of three areas: cost accounting, making business decisions, or finance.
Regular Admission Requirements
Mature Student Admission Requirements
If you are 19 years of age or older and have been out of high school for a minimum of one year at time of application, and you do not meet the regular admission requirements, you may apply under the Mature Student admission requirements.
You must successfully complete nine courses to earn a certificate.
Core Courses:
Group A Electives (choose two):
Group B Electives (choose two):
Legend:
Transfer of Credits
For transfers between RRC programs or external transfers of credits to RRC programs, see Policy A14
This first course in accounting covers the double-entry bookkeeping procedures, adjustments, and production of financial statements pertaining to sole proprietorships. Coverage is also given to special journals, subsidiary ledgers, and control accounts. This results in a complete presentation of the accounting cycle for a service or merchandise business. Later in the course more in depth study of inventory costing methods, control procedures for cash including petty cash, and bank reconciliations is presented.
The second course in accounting starts with accounts receivable, short-term notes receivable, and payroll. This is followed by the cost, depreciation, and disposal of capital assets. Then the accounting for partnerships involving income distribution, admission or withdrawal of a partner, and liquidations is covered. An introduction to corporation accounting covering the issue of shares, cash, and share dividends is presented next. Later topics presented are the accounting for bonds, emphasizing the effective interest method for amortizing discounts and premiums, and the cash flow statement.
In this course, students will move beyond the fundamental accounting processes of their introductory courses and learn about measurement, valuation and presentation of all the balance sheet elements. The importance of user objectives in financial reporting and a professional’s responsibility to society are discussed. Students will begin their studies by learning how to develop comprehensive financial statements for public companies as well as a broad discussion on International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE). The remainder of the course will cover the variety of accounting policy choices that are available to measure and value assets and the criteria used to make those choices. Upon completion of this course, students will be able to properly measure and value balance sheet elements using appropriate standards, recognize situations where choices between accounting policies exist, evaluate the choices and prepare recommendations.
This course highlights two popular accounting software programs, Sage 300 (formerly Accpac) and Sage 50. Sage 300 is an application designed for use by a medium to large sized company. Sage 50 is an application designed for use by a small to medium sized company. This course familiarizes students with processing common business transactions in each of the programs. The material is presented using practice companies that emphasize major features of the software programs presented.
This course provides an introduction to the role of information systems in business, information technology, computer hardware, software, managing data resources, telecommunications and networks, the Internet and the new information technology infrastructure, systems development, systems security and control and higher-level information systems.
In this course, students will move beyond the fundamental accounting processes of their introductory courses and learn about measurement, valuation and presentation of all the balance sheet elements. The importance of user objectives in financial reporting and a professional’s responsibility to society are discussed. Students will begin their studies by learning how to develop comprehensive financial statements for public companies as well as a broad discussion on International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE). The remainder of the course will cover the variety of accounting policy choices that are available to measure and value assets and the criteria used to make those choices. Upon completion of this course, students will be able to properly measure and value balance sheet elements using appropriate standards, recognize situations where choices between accounting policies exist, evaluate the choices and prepare recommendations.
This course will introduce the student to cost terms and concepts. Job-order and process costing (weighted average method) will be covered. Cost-Volume-Profit analysis and breakeven calculations will be performed as well as a comparison between variable costing and absorption costing methods. Activity-based costing and budgeting will be discussed. Other topics to be covered include standard costs, flexible budgets and analysis, decentralization and other relevant costs for managerial decision-making will be explored.
This course will guide students through the techniques and processes involved in writing, speaking, and listening effectively for business. Students will be taught skills for networking, meetings, and working in teams. Students will apply a direct approach to create professional emails and letters. Students will learn strategies for competent information report writing. Students will be taught how to create and deliver a memorable oral presentation. The proper use of business writing rules, grammar, and etiquette will be emphasized throughout the course.
Develop the basic principles of business writing and discuss topics such as: standard business formats, the ability to write clear, readable letters and memos. It also reviews correct grammar and usage and how to improve effectiveness as a speaker.
This course is designed to expose students to the basic concepts underlying the financial manager's approach to decision-making. The course focuses on understanding finance fundamentals, such as risk, leverage, capital budgeting, short and long-term financing, taxation, working capital management and financial statement analysis. In addition, a review of accounting is included with emphasis on the structure of the balance sheet, income statement, and statement of cash flow. This course provides an introduction to the operations and provisions of services by financial institutions.
This course is an introduction to economic and business statistics. Topics include charts and graphs, frequency distributions, measures of central tendency, measures of dispersion, probability rules, probability and sampling distributions, and estimation.
This course introduces the key mathematics of business and finance. Business topics include payroll, taxes, indexes, currency exchange, and merchandising. Finance topics include simple and compound interest with business applications.
This course builds on Business Statistics and provides an examination of various quantitative tools used in decision-making. Topics include analysis of variance, hypothesis testing for nominal data, simple and multiple regression, time-series analysis, Bayesian analysis, decision making under certainty and uncertainty, statistical process control, and linear programming.
Click the "More Info" link beside the course's name to view the description of the course.
| Location: Portage La Prairie Campus | |||||||
|---|---|---|---|---|---|---|---|
| Dates | Class Days | Time | Delivery | Instructor | Section | Cost | Actions |
| Jan 21, 25 - May 08, 25 | Tu Th | 6:00PM - 8:30PM | TBA | 265428 | $749 | ||
| Location: Selkirk | |||||||
| Dates | Class Days | Time | Delivery | Instructor | Section | Cost | Actions |
| Jan 21, 25 - May 08, 25 | Tu Th | 6:00PM - 8:30PM | S. Shukla-Bergen | 265393 | $749 | ||
| Location: Steinbach | |||||||
| Dates | Class Days | Time | Delivery | Instructor | Section | Cost | Actions |
| Jan 21, 25 - May 08, 25 | Tu Th | 6:00PM - 8:30PM | S. Shukla-Bergen | 265214 | $749 | ||
| Location: Winkler Campus | |||||||
| Dates | Class Days | Time | Delivery | Instructor | Section | Cost | Actions |
| Jan 21, 25 - May 08, 25 | Tu Th | 6:00PM - 8:30PM | S. Shukla-Bergen | 265220 | $749 | ||
Online learning is a critical component of course delivery in all Red River College programs. To ensure each student has the tools they need to achieve their academic goals, all Red River College students require, at minimum:
1. Off-campus access to a current computer with a webcam
2. A high speed internet connection
• Recommended minimum speed: 10 mbps for download, 3 mbps for upload
• Slower internet connection speeds may result in audio and video issues. Please keep in mind that if others in your home are using the same internet connection at the same time as you are, you may also experience audio and video issues.
• Please refer to https://www.rrc.ca/future-students/computer-requirements/ for further information on Computer Requirements for Students.
Please note that any anticipated costs are not included in Books and Supplies estimates.
CPA Equivalencies Table
Advanced standing in programs as offered by the Society of Management Accountants and the Chartered Professional Accountants (Manitoba) may be given by them. More information is available from these associations. Advanced standing may also be granted in other certificate and diploma programs. A minimum course grade of C+ is required for transfer credits in the CPA program.
If you wish to transfer credits between programs, check with the department head of the program in which you are seeking credit. You must first satisfy the admission procedure before any course credit transfer can occur.
Only courses with a minimum mark of C will be considered eligible for transfer into this program, whether the courses have been taken at Red River College or at another institution, except for the CPA program, which requires a C+.
Recognition of Prior Learning (RPL) is a process which documents and compares an individual's prior learning gained from prior education, work and life experiences and personal study to the learning outcomes in College courses/programs. For more information, please visit www.rrc.ca/rpl.
You must complete your part-time program within four years from the start of the first course in the program, unless otherwise stated in the program outline.
A program GPA of 2.0 (60%) is required to graduate.
You will not be granted more than 75% of your credit requirements for graduation through transfer of credit.
When you have successfully completed all the required courses in this program, be sure to apply for your certificate. For complete details on applying to graduate and convocation, see rrc.ca/convocation.
Questions about graduation? Please call 204-694-1789 or 1-866-242-7073 for assistance.
Graduation with Honours
If you obtain a grade point average (GPA) of 3.8 or better for the program, you will graduate with honours. If you fail any course in the program, you will not be eligible for this honours designation.
Graduates of the program will be eligible for employment in a variety of areas and roles, including:
Recent graduates have obtained employment in the following roles:
For more information on related programs and services, visit Human Resources and Skills Development Canada (HRSDC).