51ÎÛÂþ

51ÎÛÂþ Academic Calendar Winter/Summer 2015
 

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School of Business

Accounting certificate

The Accounting certificate program is a comprehensive accounting program designed for mature students who wish to pursue a career as an accounting technician or in financial management. The program is designed to serve the special needs of students wishing to accelerate their progress towards the achievement of graduate membership in one of the professional societies. Specifically, the Accounting certificate will provide students with significant advance credit towards the Chartered Professional Accountants of Canada (CPA Canada). Students are advised to acquaint themselves with the transfer credit/course exemption policies of the accounting societies.

The program may be taken on a part-time basis over several years or on a full-time basis over three semesters. As enrolment is limited, early application is encouraged. The course workload of the full-time program is rigorous and demanding. Prospective students must be prepared to devote above-normal effort and time to their studies.

This commitment is considered essential for successful completion of the program. Professional bodies provide scholarships for students entering their programs. Details may be obtained from a School of Business program advisor or the Financial Aid and Awards office.

A Bachelor of Business Administration — Accounting option is also available.

Entrance requirements

1. B.C. secondary school graduation, or equivalent.

2. Prerequisites for STAT 106.

3. Prerequisites for CMNS 125

4. Completion of BUS 144 or BUS 145 or the equivalent (C+ or better).

5. Completion of BUS 160.

6. Completion of BUS 249 (formerly BUS 149, 162).

Note 1: Applicants with minor deficiencies may, at the discretion of the School of Business, be considered for conditional admission.

Students who do not meet these requirements might consider Open Studies.

When to apply

Applications are accepted for entrance to the Fall semester only. For application deadlines, see Specific intake application process.

How to apply

1. Apply online at .

Additional documents required for a complete application:
• Official transcripts of all post-secondary institutions attended showing grade/course achievement as per program entrance requirements. To be considered official, transcripts must be sent directly to UFV from the originating institution; see the Transfer Credit section for details.

The following must be included:

a. Official transcript from high school
b. B.C. English 12 with C+ or better or equivalent (see Note 2)
c. Evidence of successful completion of the prerequisites for STAT 106
d. B.C. secondary school graduation or equivalent

Note 1: Students making an early application must provide evidence of courses in progress as soon as available.

Note 2: English 12 equivalent courses include English 12 First Peoples, English Literature 12, AP English, and IB English A (standard level or higher level).

2. In April/May an orientation will be offered for all School of Business programs. Attendance at the orientation is mandatory.

3. Upon admission, you will be provided with registration information. A deposit is required prior to registration (see the Fees and Other Costs section). This money will be applied toward your tuition fees. Final payment of all course fees is due the end of the second week of classes.

4. Proof of completion of entrance requirements must be submitted by the date stated on your acceptance letter.

Program re-entry

For re-entry to a School of Business program, GPA will be calculated based on the courses that will be used to fulfill the program requirements only (program GPA). Limitations on the number of courses retaken will apply.

Basis for admission decision

Applicants who meet the entrance requirements will be admitted in order of their application date. This date is set when an application, all required documentation, and the application fee have been submitted.

Professional programs

Students should choose electives appropriate for the professional program they intend to follow. Consult the program chair or respective professional program transfer guide.

All the professional programs have work-experience and grade requirements. In addition, these programs change from time to time so interested students should consult the respective professional society or association for up-to-date details.

Length and location

Students taking the program on a full-time basis usually complete it in three semesters. Part-time students may take up to seven years to complete the requirements. We recommend that people working full-time take no more than two courses per semester. All students may have to travel between campuses during their program. Most 300-level courses are offered only on the Abbotsford campus.

Residency requirements

At least 25% of the course work must be completed at 51ÎÛÂþ.

Transfer credits

Recognition of previously completed business courses

Former 51ÎÛÂþ business students who finished their studies more than 10 years ago and students who completed courses in other programs and/or at other post-secondary institutions prior to starting a 51ÎÛÂþ business program should contact the School of Business to determine whether any courses/credits can be recognized for or transferred to the desired 51ÎÛÂþ business program. Applicability of courses and/or transfer credits is determined on an individual student basis.

The following criteria are used:

• Relevance and suitability of the course to the program as determined by the School of Business
• Generally, courses taken more than 10 years ago will not be considered applicable; courses taken more recently may not be considered applicable if there has been significant change in the course subject matter since the course was taken.
• Courses taken at other institutions may not be used to meet the program residency requirements.

Transferring courses to other institutions and associations

Students intending to pursue commerce or business administration studies at another institution are advised to study those institutions’ calendars carefully before enrolling in any 51ÎÛÂþ courses which have a BUS designation. Students should consult an educational advisor in Student Services or at the institution to which they intend to transfer, or refer to the Provincial Transfer Guide at for transfer details.

A number of the School of Business's courses have transferability with the Chartered Professional Accountants of Canada (CPA Canada), allowing a student graduating with a BBA Accounting option to meet the prerequisite requirements (PREP) of the CPA program. A number of courses are also recognized by a variety of other professional accrediting associations such as CHRP (Certified Human Resource Professional).

Fees and additional costs

See the Fees and Other Costs section.

Textbooks and supplies cost approximately $1,000–1,500 per year. Textbooks should be considered an investment and become part of your business library. You may be required to purchase one or more computer software packages. You should also consider purchasing or arranging access to an industry-compatible computer.

Academic performance requirements

Students must obtain a minimum grade point average of 2.0 (C average) or above in their final semester as well as cumulatively in order to be awarded the certificate.

Undergraduate continuance

Academic standing will be governed by 51ÎÛÂþ’s . Students must have a CGPA of at least 2.00 to remain enrolled in Good Academic Standing at 51ÎÛÂþ. Students in Good Academic Standing will have no registration limits placed on them. Failure to meet the minimum CGPA requirement will result in restrictions on registration and may eventually lead to academic suspension from the University. Students on Academic Warning or Academic Probation are limited to registering in 10 credits.

The academic standing of all students covered under this policy for courses where letter grades are assigned will be determined at intervals of 9 credits at the start of a student’s academic career and then at the end of every term after 27 credits have been completed. Students will be assessed after every term enrolled, but Academic Standing will only change at the intervals noted above. Students’ academic standing will be permanently reflected on their student record and will appear on official and unofficial transcripts.

After each semester, students put on Academic Warning, Academic Probation, or Required to Withdraw status or who are continued on Warning or Probation will be notified by the Registrar.

Required to withdraw

Students who have been Required to Withdraw from 51ÎÛÂþ under the are subject to readmission and continuance requirements as listed in the 51ÎÛÂþ academic calendar. Students are normally only readmitted once to the same program.

Program outline

Core courses

Course Title Credits
BUS 247 Management Accounting I 3
BUS 261 Business Law 3
BUS 343 Intermediate Accounting I 3
BUS 344 Intermediate Accounting II 3
BUS 345 Income Tax I 3
BUS 347 Auditing 3
BUS 348 Management Accounting II 3
BUS 349 Financial Management I 3
ECON 100 Principles of Microeconomics 3
CMNS 125 Introduction to Workplace Communication 3
STAT 106 Statistics I 4
Plus:    
One Upper-level BUS elective (selected from electives list below)  

Electives (choose one)
 

Course Title Credits
BUS 226/
ECON 226
Economic and Business Statistics (formerly BUS 301) 4
BUS 338 Accounting Information Systems 3
BUS 346 Income Tax II 3
BUS 439 Advanced Financial Accounting 3
BUS 440 Management Information Systems 3
BUS 449 Financial Management II 3

Course listings

For complete details on courses see the course descriptions section.