1. Strategic Management Accounting Program Offers
Comprehensive Coverage of Key Field Areas
While the duties of accounting supervisors, accounting managers, assistant controllers, controllers
and business analysts all vary there are some commonalities. All of these professionals must have
the know-how to perform accounting duties, benefits administration, and audit, manage
processes, report research results, develop budgets, track budget expenses, navigate financial
software, analyze information, and more. These professionals may launch careers in financial
institutions, government offices, public accounting firms, manufacturing industries, service
industries, small business and through self-employment.
Centennial College offers a two-semester Strategic Management in Accounting program that is
open to anyone who has completed a three-year college diploma or university degree in
accounting as well as anyone who has a two-year college diploma or a partial university degree
(75 per cent complete) in accounting, and who has a minimum of two years work experience
relevant to this program. Applicants may be required to provide proof of English proficiency.
The offering is facilitated out of Centennial College’s Progress Campus, which is centrally located
and houses other programs from the School of Business. This is important, as students are able to
network with peers from offerings that are similar to theirs. Additionally, Progress campus houses
modern computer labs that feature software that is relevant to this field. As such, students gain
hands-on exposure to the latest technology applications in the area of management information
systems, including ERP systems. Hands-on training is also presented to students through
extensive use of case studies, simulations as well as leading-edge managerial and leadership
practices of the best companies in the world. Students are guided through their learning by a
team of professors with strong academic backgrounds, extensive business and management
experience.
While other strategic management programs may focus on business or accounting, this
program balances both perfectly. The program provides rigorous study of financial accounting,
managerial accounting, taxation and auditing, and includes comprehensive coverage of all the key
areas of management.
Specific courses in this offering include: Accounting Theory and Policy (standards such as reserve
recognition, management discussion and analysis, employee stock options, post employment
benefits, financial instruments, ceiling tests, hedge accounting and comprehensive income are
critically evaluated); Advanced Taxation (focuses on compliance with the requirements of the
Income Tax Act for Canadian resident corporations with specific emphasis placed on the decisions
to be made by the owner/manager of a Canadian controlled private corporation); Advanced
Managerial Accounting (covers relevant costing, capital budgeting, transfer pricing, balanced
scorecard, inventory management, variance and profitability analysis, performance measurement
and compensation, and the application of management accounting concepts and techniques to
support business decision making); and others such as Operations Management for Products &
Services, Information Systems for Business Management, Crafting and Executing Strategy and
Contemporary Organizational Behavior.