CAREER GUIDE

Are you majoring in accounting or thinking about majoring? What courses do you need to take in order to finish with an accounting major? What are your options upon graduating with an accounting major? In Manitoba, there are 3 different professional accounting designations: Chartered Accountant (CA), Certified Managerial Accountant (CMA), and Certified General Accountant (CGA). This page is dedicated in informing you about the courses required to graduate with a major in accounting. Also, it will give an overview of each professional designation so that you can make an informed decision about which designation is right for you.


ACCOUNTING COURSES
Core Courses
  • ACC 1100 - Introductory Financial Accounting
    Examination of accounting postulates underlying the preparation and presentation of financial statements.
  • ACC 1110 - Introductory Managerial Accounting
    Role of accounting in creation and application of business information used by decisionmakers in the management of enterprise. Prerequisite: ACC 1100 (D). Prerequisite or Concurrent Requirement: ECON 1200 (D).

    Required Courses for the Accounting Major
  • ACC 2010 - Intermediate Accounting - Assets
    Accounting policies and practices dealing with calculation and measurement of assets and related reporting problems. Prerequisite: ACC 1100 (C+).
  • ACC 2020 - Intermediate Accounting - Equities
    Consideration of current accounting relating to equities with attention to the accounting treatment of current and long-term liabilities, income tax allocation, share capital, and surplus. Students may not hold credit for both ACC 2020 and FIN 3250. Prerequisite: ACC 2010 (D).
  • ACC 3040 - Cost Accounting
    Study of accounting concepts and functions as they relate to product costing, planning, control, and decisionmaking. Prerequisite: ACC 1110 (C+).
  • ACC 4030 - Accounting Theory
    Examination of principles and postulates of accounting theory. Coverage of selected topics will vary from year to year depending on interests of course participants. Prerequisites: ACC 2010 (D) and FIN 2200 (D). Prerequisite or Concurrent Requirement: ACC 2020 (D).

    *Note: There are other accounting courses offered at the I.H. Asper School of Business. Depending on what designation you intend on pursuing after graduation, there may other accounting courses required in order to get into their programs. For example, ACC 3050 (Taxation Accounting) is a required course and must be completed before advancing into CA Program.


    Chartered Accountant: CA Manitoba
    CAs are highly trained business professionals. Along with a required university degree, all CAs have undergone a demanding and diverse professional training program. This training combines both study and a 30-month on-the-job experience requirement which culminates in a national evaluation, ensuring that all those who pass live up to high standards recognized around the globe. After the CA designation is earned, a comprehensive professional development program helps CAs stay on top of innovations and developments in the ever-changing business world. CAs are trusted and respected business professionals, abiding by a self-imposed, rigorous code of ethical conduct. To learn more about becoming a CA, visit the CA Manitoba website.

    To download a list of CA approved Training Offices in Winnipeg, MB, (compiled by ASBAA) click here (148 kb) - last updated September 2011. (Source: http://www.becomea.ca/bca.php?section=jobsite_firms_only.php&cat=118)


    Masters of Professional Accounting: MPAcc
    The MPAcc program is another alternative to getting your CA designation. Instead of doing the CASB mods you take two summers to complete course at University of Saskatchewan at the Edwards School of Business. Please visit their website http://www.edwards.usask.ca/mpacc/ to learn more about this program.




    Certified Managerial Accountant: CMA Manitoba
    Certified Management Accountants (CMAs) do more than just measure value—they create it. As the leaders in management accounting, CMAs actively apply a unique mix of financial expertise, strategic insight, innovative thinking and a collaborative approach to help grow successful businesses. Working in organizations of all sizes and types, CMAs provide an integrating perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term competitive advantage.

    To learn more about the CMA profession, visit their website - CMA Manitoba or CMA Canada



    Certified General Accountant: CGA Manitoba
    The Certified General Accountants Association of Canada represents over 73,000 accounting professionals. Globally recognized, CGA-Canada is a full and active partner of the world`s leading accounting standards organizations. Nationally, CGA-Canada is a key contributor to standards setting, public policy, and the academic community. CGA members and students are represented through CGA-Canada and regionally by the provincial and territorial affiliates.
    The Certified General Accountants Association of Manitoba is the provincial authority responsible for supporting Manitoba`s over 3,500 members. As the province`s largest professional accounting association, CGA Manitoba has become the choice for professional education, training and professional support services. It is committed to innovation, member service excellence and advancing the public interest. CGA professionals are widely recognized as leaders in Manitoba`s complex and continually evolving business environment.
    Visit the CGA Manitoba website for more information.



    QUICK LINKS

    University of Manitoba
    Asper School of Business
    Commerce Students Association
    		 The Associates
    The Young Associates
    CO-OP Program     		Aurora
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