There are several pathways for you to enhance your education and specialization in Accounting. A 2 year or 3 year Accounting Diploma at Centennial College will give you the opportunity to obtain a degree or a designation or both.
Association of Chartered Certified Accountants
Ever dream of an accounting career overseas? Centennial is partnered with the Association of Chartered Certified Accountants (ACCA), an international organization offering a globally recognized designation. This partnership provides graduates of our 3 year Advanced Accounting Diploma with several course exemptions toward the academic requirement for the ACCA Designation. For more info visit ACCA.
Breakdown of ACCA Equivalencies
Visit the ACCA website to view an interactive equivalencies chart
Knowledge
| ACCA Qualification | Centennial College Equivalent* |
|---|---|
| F1 Accountant in Business (AB) | ACCT112 Financial Accounting 1 |
| F2 Management Accounting (MA) | ACCT222 Management Accounting 1 |
| F3 Financial Accounting (FA) | ACCT221 Financial Accounting 2 |
Skills
| ACCA Qualification | Centennial College Equivalent |
|---|---|
| F4 Corporate and Business Law (CL) | BUSN331 Business Law |
| F5 Performance Management (PM) | None |
| F6 Taxation (TX) | ACCT226/ ACCT336 Taxation 1 and 2 |
| F7 Financial Reporting (FR) | None |
| F8 Audit and Assurance (AA) | None |
| F9 Financial Management (FM) | None |
Professional: Essentials (No Equivalencies)
| ACCA Qualification |
|---|
| P1 Professional Accountant (PA) |
| P2 Corporate Reporting (CR) |
| P3 Business Analysis (BA) |
Professional: Options (Any 2) (No Equivalencies)
| ACCA Qualification |
|---|
| P4 Advanced Financial Management (AFM) |
| P5 Advanced Performance Management (APM) |
| P6 Advanced Taxation (ATX) |
| P7 Advanced Audit and Assurance (AAA) |
*Note: Graduates of the Strategic Management – Accounting Specialization, Program 2844, are also eligible for these exemptions, plus F5 Performance Management.
CPA and Nipissing University Bachelor of Commerce (Honours) 120 credit degree
Upon graduation you may be eligible to enroll in one of Nipissing University’s Business degrees with advanced standing. Students meeting admission and grade requirements could graduate with a degree in as little as 12 months! This partnership will allow you to complete your BComm degree at Centennial using a blended learning model that incorporates both in-class and online learning. There are two, degree options available through this partnership:
- Bachelor of Commerce (3-year) degree: This 90-credit business degree is a solid complement to any diploma in business. To qualify for the CPA designation, you can upgrade to the 4-year 120 credit BComm degree once you have decided to pursue the designation.
- Bachelor of Commerce (4-year) degree: this 120-credit degree meets the standard degree requirements for many MBA programs. It meets the CPA degree and PREP equivalencies for the CPA accounting designation. Students can earn their degree in as little as 16 months.
For more info, visit the Nipissing website and CPA.
CPA And Trent University: Bachelor of Business Administration (with an option to pursue specialization in accounting)
Upon graduation you will be eligible to enroll in Trent University’s Bachelor of Administration degree, with an option to pursue a Specialization in Accounting and receive 10 credits for Advanced Standing. Only a further 10 credits are required for completion at Trent, meaning the degree completion can be achieved in two years.
Once students have completed the degree at Trent, they may enroll in the CPA Professional Education Program (PEP).
Minimum Grade Requirements must be met for admission to Trent, and 2-year Diploma grads are required to complete one additional Centennial course: ACT332 prior to admission.
For more info, visit the TrentU website and CPA.