Course Number Course Title Course Description
BU617 Financial Accounting I  This course focusses on the concepts, methods and uses of financial information. It includes an in-depth examination of the accounting theory that is the basis of current accounting practice and how it can be applied to emerging issues; the application of the procedures and practices under Generally Accepted Accounting Principles (GAAP); and the examination of how financial accounting serves the needs of external decision-makers: investors, creditors, and other interested individuals and groups including the public at large. Prerequisites:  BU607
BU651 The Canadian Legal Environment for Managers To provide a better understanding of the legal environment in which one must function as a manager, areas of discussion include a review of the Canadian legal system; the role of the courts and administrative tribunals; the civil and criminal responsibility of the corporation; the legal positions of directors, officers, and shareholders, and their rights and obligations under the law; and laws dealing with product liability and competition offences. Prerequisites: BU601, BU602, BU603, BU604, BU605, BU606, BU607, BU609
 BU627  Financial Accounting II This course provides a detailed study of accounting principles, practices and concepts with an emphasis on their application for liabilities and equity accounts. It builds on Financial Accounting I, including an emphasis on Canadian Generally Accepted Accounting Principles (GAAP) and how financial accounting serves the needs of external decision-makers. Prerequisites: BU617
 BU747  Taxation I This course introduces students to the Canadian Income Tax Act and its applications in the taxation of individuals and corporations. Prerequisites: BU607
 BU717 Introduction to Auditing  The objectives of this course are  to develop a solid understanding of auditing theory, concepts, and standards, as well as an appreciation for the institutions and environment in which the auditor operates. Prerequisites: BU607BU617BU627
BU697u Intermediated Managerial Accounting Prerequisites: BU601, BU602, BU603, BU604, BU605, BU606, BU607, BU609
 BU637  Financial Information Systems  This course explores the role of the management accountant in the design, implementation and use of contemporary financial information systems. Particular attention is paid to the use of accounting systems to support strategic objectives. Prerequisites: Registration in the final year of the MBA with CMA option program
 BU667  Advanced Accounting This course is a combination of topics typically covered in advanced financial accounting and accounting theory. The course is designed to cover the CPA-Canada syllabus requirements and also to expose participants to a broad variety of topics selected to examine contemporary financial reporting issues. Every effort will be made to deliver the course so that participants will develop competencies in both the preparation and use of accounting information. This course emphasizes both theoretical and technical aspects. Prerequisites: BU607BU617BU627
 BU517  Financial Statements Analysis An understanding of the process of starting a new business, including the study of the characteristics of the entrepreneur, the identification, and evaluation of opportunities, the assembly of resources and the development of the business plan. Franchising and starting a new venture by an established company are also examined. Prerequisites: For students enrolled in the Graduate Diploma in Accounting program: BU387, BU397 or equivalent. For students enrolled in the MBA with CPA option program: BU607, BU617, BU627
 BU767  Taxation II This course is an extension of BU747 with an introduction to tax planning for individuals, corporations, partnerships and trusts. Prerequisites: BU607, BU747
 BU663 Advanced Corporate Finance This is a course in advanced corporate finance dealing with corporate valuation methods and applications to key corporate finance decisions. It covers the traditional valuation methods (i.e., discounted cash flow and relative valuation methods), as well as the contingent claims valuation approach (i.e., options theory based valuation). The applications of the traditional valuation methods to value-based management (i.e., mergers and acquisitions and corporate restructuring and capital structure choices) and of options theory to corporate finance will be emphasized. Prerequisites: BU603
 BU687 Adavacned Management Accounting This course covers advanced, current and emerging topics in the field of management accounting. The course is designed for students enrolled in the final year of the MBA with CMA option program. It draws upon the previous foundation courses taken within the program. Prerequisites: BU617, BU627
 BU537  Seminar in Accounting This seminar is  the capstone course in accounting that integrates financial accounting, managerial accounting, taxation, and auditing.  Prerequisites: For students enrolled in the Graduate Diploma in Accounting program: BU397, BU477 or equivalent. For students enrolled in the MBA with CPA option program: BU607, BU617, BU627
 BU527 Advanced Topics in Management and Controls This seminar course is designed to facilitate evaluation of the efficacy of an existing management control systems, to develop understanding of the role played by effective management accounting and control systems in modern organizations; to design and develop effective management accounting and control systems; and to consider emerging ideas/concepts in the field of management control. Prerequisites: For students enrolled in the Graduate Diploma in Accounting program: BU466, BU467, BU491 (or EC335) or equivalent. For students enrolled in the MBA with CPA option program: BU607, BU697U, BU687, BU747, BU767 For students enrolled in the MBA with CPA option program: BU607, BU697U, BU687, BU747 and BU767.
 BU727  Capstone I The primary objectives for this course follow from the objectives prescribed by CPA Canada for its Capstone 1 module. Specifically, this course focuses on the development of candidates’ enabling competencies, particularly their teamwork and leadership, professional and ethical behavior, problem -solving and decision -making, and communication competencies. It also prepares candidates for the Common Final examination, particularly Day 1, which will draw on both the content and the skills developed in Capstone 1. Prerequisites: BU537, BU527
 BU737 Capstone II The main objective of this course is to prepare students to write integrated accounting cases, similar to those found on the CPA examinations. In this course students will have the opportunity to develop and refine their case writing skills in preparation for these exams. This course will also further develop the candidates’ enabling competencies and their integration of technical competency areas. Prerequisites: BU727

Please contact your Toronto MBA Campus Program Leader, Maggie Allan for more information
or questions about the CPA Designation required courses at the Toronto campus. 519 884-0710 ext 2575.