Accounting Certificate Series

Are you looking for a direct pathway to earning your Chartered Professional Accountant (CPA) designation?

Starting in Fall 2022, we are pleased to offer an Accounting Certificate Series that will help you reach that goal. The certificate series is comprised of four certificates:

Upon completion of all four certificates, you will be able to apply for the CPA Professional Education Program (CPA PEP). After completing the PEP, you will be able to write the three-day Common Final Examination (CFE) exam.

The accounting field has favourable employment prospects across a wide range of industry sectors in all geographic locations in Canada. After taking the level four certificate, learners can apply for jobs like bookkeeper, accounting technician, accounting clerk, staff accountant, junior accounting analyst, accounting analyst, tax specialist, internal or external auditor.

Salaries are rewarding with a mean real-time annual salary of $59,000 for jobs requiring accounting skills and $66,00 for accountants.(Note: the mean is derived from a wide salary range where jobs paying over $75,000 are available.) 

The certificate series is fully online, so you can fit learning into your busy schedule. As a Chang School student, you will have access to support from advisors, staff, instructors, and classmates to help you move towards your goal and build out your professional network. 

Admission Criteria

Recommended:

  • Ontario Secondary School Diploma (OSSD) or equivalent
    • With 6 Grade 12 U or M credits

OR

  • Mature student status

If you are an undergraduate student, you should be aware of possible certificate restrictions. Check Curriculum Advising for complete details.

Professional Designations and Accreditation

Curriculum Structure Overview of the Four certificates in Accounting

Level 1: Certificate in Foundations for Accounting (4 courses)

Required Courses Prerequisites CPA PEP Preparatory Course?
CACC 110 - Financial Accounting None Yes - Financial Reporting
CLAW 122 - Business Law None Yes - Other General Business Topics
CECN 210 - Understanding Economics None Yes - Other General Business Topics
CQMS 210 - Applied Statistics for Business None Yes - Other General Business Topics

Level 2: Certificate in Intermediate Accounting I (4 courses)

Required Courses Prerequisites CPA PEP Preparatory Course?
CACC 410 - Management Accounting CACC 110 - Financial Accounting Yes - Management Accounting
CLAW 603 - Advanced Business Law CLAW 122 - Business Law Yes - Other General Business Topics
CFIN 300 - Managerial Finance I  CACC 110 - Financial Accounting Yes - Finance
CITM 102 - Business Information Systems I  None  

Level 3: Certificate in Intermediate Accounting II (4 courses)

Required Courses Prerequisites CPA PEP Preparatory Course?
CFIN 401 - Managerial Finance II CFIN 300 - Managerial Finance I  Yes - Finance
CACC 450 Intermediate Financial Accounting I  CACC 410 or CACC 333 Yes - Financial Reporting*
CACC 550 Intermediate Financial Accounting II  CACC 450 Yes - Financial Reporting*
CACC 801 - Intermediate Cost and Management Accounting CACC 414 - Intermediate Accounting I  Yes - Management Accounting

Level 4: Certificate in Advanced Accounting (5 courses)

Required Courses Prerequisites CPA PEP Preparatory Course?
CACC 703 - Advanced Financial Accounting CACC 514 - Intermediate Accounting II
CACC 504 - Accounting Cases and Concepts I 
Yes - Financial Reporting
CACC 521 - Auditing  CACC 514 - Intermediate Accounting II Yes - Other General Business Topics
CACC 750 Taxation  CACC 550  Yes - Taxation
CACC 696 Information Systems Audit + Data Analytics CITM 102 - Business Information Systems I Yes - Other General Business Topics
CBUS 800 - Strategic Management CFIN 401 - Managerial Finance II Strategy and Governance

*CPA Guide Update in Progress

The courses in the Accounting Series Certificates qualify as preparatory courses for the CPA PEP program. For a full list of our accounting courses, their respective CPA preparatory course equivalencies, the minimum grade you must achieve for consideration into the CPA PEP, please refer to the CPA course equivalency chart.

Contact Us

Questions? Contact Client Services.
Email: ce@torontomu.ca

*Emsi Burning Glass