Professional Business Accountant
Are you interested in pursuing a career in accounting? Through Stenberg College’s Professional Business Accountant program, you can prepare for a career as a full-cycle accountant in just 36 months, with no degree required.
Are you interested in pursuing a career in accounting? Through Stenberg College’s Professional Business Accountant program, you can prepare for a career as a full-cycle accountant with just 24 months of coursework, with no degree required.
The ultimate goal for the Professional Business Accountant program is to prepare students to write the Public Business Accountant (PBA) designation exam and to provide education in the areas of: Accounting, Cost Accounting, Statistics, Information Systems, Business Law, Ethics, Economics, Communications, Financial Management, Canadian Taxation, General Management, and Human Resources.
Stenberg’s Professional Business Accountant graduates will be prepared to move directly into a junior-level accounting position. Common tasks for recent graduates will include reconciliation of sub ledgers, verification of account balances, and some basic analysis.
Stenberg College also has an articulation agreement that allows successful graduates of the Professional Business Accountant Program to continue their studies and complete their Bachelor of Science in Accounting degree at the National American University (NAU).
Students who successfully complete the Professional Business Accountant Program at Stenberg will receive 85.5 quarter credits and have approximately 94.5 credit hours to complete the Bachelor of Science in Accounting degree at NAU. If students have taken additional courses outside of the Professional Business Accountant course work it will be evaluated on a course-by-course basis.
For more information on the National American University Bachelor of Science in Accounting Degree, please visit their Program page.
Stenberg College and the Public Business Accountants’ Society of Canada recognizes St. Lawrence College as an approved institution for articulation of 12 of the 20 PBA Program courses. Therefore, graduates with these designated courses can immediately become “Associate Members” of PBA and continue their progress towards full designation through our online courses.
These exact courses are the qualification for the Accounting Technician Certificate (ATC) through PBA as well and are approved St. Lawrence College courses. Graduates of the Professional Business Accountant program can immediately apply for the Accounting Technician Certificate.
- Completion of Grade 12 within the Canadian Education System or qualification as a “Mature Student” or “International Professional” as defined here:
- A Mature Student is defined as an individual who is 19 years or older with no high school graduation certificate. Mature students may apply for entry into the program subject to assessment by the Stenberg Education Department who will evaluate English and Math skills in particular.
- An International Professional is defined as an individual with either an international professional accounting designation, an international degree in accounting, or 5 or more years-experience in accounting at a senior level.
- English 12 with a grade of C or higher or Communications 12 with a grade of B or higher. A Stenberg College English Assessment is available.
- Math 11 Principles, Foundations of Math 11, Pre-Calculus 11, Accounting 11, or Algebra 11 with a grade of C or higher OR completion of the Stenberg College Math assessment with 70% or higher.
- Certified five-minute keyboarding test with a typing speed of 30 gross words per minute or higher with a maximum of 5 errors.
- Competency in Microsoft Word and Excel will be required for an individual to be successful in this program. Applicants will be required to provide proof of Microsoft Excel training or will be required to take an online proficiency test in advance of being granted permission to enter.
- Submission of an original criminal record check.
- Passing Stenberg College entrance interview.
In addition to the admissions requirements above, applicants with English as an additional language must also meet one of the following language requirements:
- Stenberg College English Language Equivalency Test (ELET) (Scores valid for one year) testing proficiency in each of the following areas: Reading Comprehension, Written Expression, Listening and Speaking. Overall score of 56/80 or higher OR
- TOEFL Internet-based (scores valid for 5 years) Reading, Writing and Listening component scores must total a minimum of 60; minimum Speaking component score of 26 OR
- IELTS Academic Module (scores valid for 5 years) Overall score of 6.5 or higher with no band score less than 6.0 and a minimum score of 7.0 on the Speaking band OR
- Canadian Language Benchmark Scores: Listening 8, Speaking 8, Reading 8, and Writing 7.
Requirements for practice education placements include:
- Acceptable Criminal Record Check.
Stenberg College Learning Management System offers online collaborative tools, including group collaboration, video messaging, online discussions, instant messaging, integrated social media profiles, and customized notifications. The LMS promotes sharing and feedback between instructors and learners.
Please click the course title below to scroll to the course description:
- Financial Accounting 1
- Business Communications
- Financial Accounting 2
- Principles of Economics
- Financial Accounting 3
- Information Systems
- Business Law
- Financial Accounting 4
- Financial Management
- Statistics & Quantitative Methods
- External Auditing
- Management/Managerial Accounting 1
- Canadian Taxation 1
- Human Resource Management
- Management/Managerial Accounting 2
- Internal Auditing
- Strategic Information Systems
- Principles of Management
- Strategic Financial Management
- Canadian Taxation 2
- Exam Preparation Course
Financial Accounting 1
This is an introductory course in financial accounting. Topics include: the accounting cycle, merchandising activities, accounting information systems, cash control, receivables, long-term assets, depreciation, liabilities, partnerships, corporate operations, the sale of bonds, the purchase of investments, cash flows, and analysis of financial statements.
This course is intended to develop the writing skills professionals require to succeed in business communications and academic studies. This course leads you through the often complex process of creating and revising documents, and encourages critical thinking about written and spoken communication. Basic grammar, spelling, and usage are reviewed. Writing assignments include typical business communications: memos, letters, summaries, and reports.
Financial Accounting 2
This is an intermediate financial accounting course. Topics covered include: the financial reporting framework, accounting judgments, financial statements, revenue issues, financial assets, inventories and long-term assets, financial instruments and the accounting information processing system. Pre-requisite AC 101.
Principles of Economics
This is an introductory course to the principles of economics. You will learn the basics of free market supply and demand. Elasticities, nature of production costs and the characteristics of different market structures and their influence on market conduct and performance will be discussed. You will also study labor markets, economic growth, inflation, unemployment, monetary and fiscal policy, and the issues of public policy towards a variety of different kinds of market behaviour.
Financial Accounting 3
This is an intermediate financial accounting course. Topics covered include: financial liabilities, financial instruments, shareholders’ equity, accounting for corporate income tax, leases, post-employment benefits, earnings per share, accounting changes, financial statement analysis, and the statement of cash flows. Pre-requisite AC 201.
This is an introductory course covering the use of computer-based information systems in management and accounting. Topics include: hardware and software of computer systems, file and database organization, networks and telecommunications, the systems development process, designing information systems solutions, systems security and controls, artificial intelligence, and the management of information systems. Pre-requisite AC 101.
This course will introduce you to fundamental legal principles affecting business in Canada. You will learn to apply basic legal concepts relating to contracts and torts and explore forms of business organizations common in Canada. You will gain a fundamental understanding about the Canadian legal system, employment laws, contracts, debtor and creditor issues and partnerships versus corporations.
Financial Accounting 4
This is an advanced accounting course. Topics covered include: international accounting, investments in equity securities, business combinations and consolidations, intercompany transactions, foreign currency transactions, consolidation of foreign operations, and not-for-profit and public sector organizations. Pre-requisite AC 301, FM 301
This is a foundation course in managerial finance that covers the major decisions made by the financial executive. You will be introduced to a wide range of topics, including the analysis of the financial environment and its components, the determinants of interest rates, security evaluation, capital budgeting and cash flow estimation, determining the cost of capital, capital structure, dividend policy, leasing, working capital management, derivatives, and financial planning. Computer spreadsheets are used to demonstrate concepts and provide practice in basic financial analysis. Pre-requisites EC 101, AC 201.
Statistics & Quantitative Methods
This is an introductory course designed to help you acquire an understanding of data analysis in making sound business decisions. Topics covered include: data and data presentation, probability, decision analysis, sampling distributions, applications of sampling and risk analysis, statistical estimation, hypothesis testing, regressing and correlations, multiple regression, index numbers, time series, statistical decision theory, and an introduction to linear programming. Computer software is used to illustrate statistical concepts.
This is an auditing course focused upon the processes and systems of a business that may have an impact on the business’s financial statements. Topics covered include: auditing, public practice, and professional responsibilities; basic auditing concepts and techniques; and performing the audit. Pre-requisite QU 201, IS 301.
Management/Managerial Accounting 1
This is an introductory course in internal accounting. Topics covered include: the role in decision making cost terms and purposes; cost-volume-profit analysis; job costing; activity-based costing; master budget and responsibility accounting; flexible budgets; income effects on inventory valuation; quantitative analyses of cost functions; decision making and relevant information; pricing decisions, product profitability decisions, and cost management; and strategy, balanced scorecard, and profitability analysis. Pre-requisite AC 101.
Canadian Taxation 1
This introductory taxation course addresses the principles and concepts of Canadian taxation and provides the skills required to apply these in practical applications. Focused both on personal and corporate tax, it addresses sources of income, types of income, investment income, and capital gains and losses. The course also provides some basic introductions to tax planning and international taxation, calculations of taxes payable, and timing of tax liabilities.
Human Resource Management
This is an introductory course in internal accounting. Topics covered include: the role in decision making cost terms and purposes; cost-volume-profit analysis; job costing; activity-based costing; master budget and responsibility accounting; flexible budgets; income effects on inventory valuation; quantitative analyses of cost functions; decision making and relevant information; pricing decisions, product profitability decisions, and cost management; and strategy, balanced scorecard, and profitability analysis.
Management/Managerial Accounting 2
This is the second course in internal accounting. Topics include: period cost allocation; cost allocation for joint products and byproducts; revenue and customer profitability analysis; process costing; spoilage, rework, and scrap; cost management: quality, time, and the theory of constraints; inventory cost management strategies; capital budgeting; transfer pricing and multinational management control systems; and multinational performance measurement and compensation. Pre-requisite MA 201, QU 201, FM 301
This is an auditing course that will provide you with the fundamental knowledge and sense of the skills needed to succeed as an entry-level internal audit professional. Topics covered include: fundamental internal audit concepts and conducting internal audit engagements. Pre-requisite AU 401
Strategic Information Systems
This is an advanced course in analysis, design, and implementation of computer-based information systems. Presented from a strategic management perspective, it is intended to enhance your skills in the roll of IS/IT in strategic planning, competitive advantage, and business transformation; identifying systems requirements; the systems development life-cycle and systems analysis; systems and process design; systems implementation, testing and support; Internet technologies, extranet and intranet; e-commerce and EDI; managing telecommunications and networks; IT operational and security issues; and the human side of IS change management. Pre-requisite IS 301.
Principles of Management
This is an introductory course to the field of management. You will learn basic management principles and skills used by successful managers. You will demonstrate knowledge in several areas including the environment, planning, organizing, and leading & controlling.
Strategic Financial Management
This advanced finance course provides an in-depth study of issues and tools that financial managers use in making sound corporate financing decisions. Topics include: financial markets and portfolio risk; capital budgeting under uncertainty; long-term sources of funds; capital structure and dividend policy; special financing and investment decisions; introduction to the valuation of corporations; treasury risk management; future, forwards, and swaps; options; and financial planning. Pre-requisite FM 501
Canadian Taxation 2
This advanced taxation course builds on the basic skills and knowledge established in TX 401, Canadian Taxation 1. This course also will address complex issues such as corporate reorganizations, transfer of property, shareholder issues, deaths and transfers. Additional consideration will be given to anti-avoidance rules. Pre-requisite TX 401
Exam Preparation Course
This course is designed to allow students participating in the Stenberg College PBA Program and/or individuals who are experienced accountants and are approved by PBASC to write the PBA ‘Entry to Practice’ Exam. This course provides participants with an opportunity to prepare for the examination and to review each of the areas to be examined. The course is 10 weeks long and covers 2 of each of the PBA courses in each week with a 100 question exam covering two courses.
Segment One will be an online proctored, 3 hour exam with 100 questions. The questions will be randomly accessed from the exam bank on the weighting scale that has been established for each course.
Segment Two will be an online exam but will not be proctored and the applicant will have 24 hours from the time of finishing Segment One to submit this segment. The exam will be composed of 100 questions, accessed from exam bank on the weighting scale that has been established for each course.
Upon completion of both segments the student and PBA will be informed of the mark on each segment.
A mark of 70% on each segment is required to achieve a passing grade. The exam is designed to cover all areas of the PBA program.
For this certificate you will use a simulated program to improve your proficiency with Microsoft Excel. Upon completion, you will receive a certificate of completion from Stenberg College.
Note that all individuals who register in the full Diploma program will automatically be registered as Associate Members in their respective PBA provincial organizations.
All individuals who register for less than the full Diploma program must register as Associate Members in their respective PBA provincial organizations as individuals.