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Program Requirements
Mentor in Accounting: Professor P. Levy Mentor in Economics: Professors M. Sinitsyn, E. Strumpf and J-M Dufour; Department of Economics, Faculty of Arts Please consult the Economics Department website. The B.Com. Joint Honours in Economics and Accounting requires the completion of 30 specified credits of Honours courses listed in the Economics Honours Program (9 credits of which are counted as core credits) and 24 specified credits for Accounting. This program is designed to take advantage of both º£½ÇÉçÇø's Accounting and Economics course offerings to produce a student who is well trained in these two complementary areas. Calculus 1 and 2 are required for entering this Honours program. Please consult the "120-credit program, Freshman course distribution" section for a detailed explanation regarding Calculus 1 and 2. It is also important to check on its statistics requirements, which are listed on the Department's website. To earn the Joint Honours in Economics and Accounting designation, students must maintain a minimum CGPA of 3.00 and maintain a minimum program GPA of 3.00. Students must achieve a grade of B- or better in all Accounting courses.Required Courses (39 credits)
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ACCT 351 Intermediate Financial Accounting 1 (3 credits)
Overview
Accounting : An examination of the theoretical foundation for financial reporting and revenue recognition. The tools of accounting, including a review of the accounting process and compound interest concepts. Asset recognition, measurement and disclosure. Partnership accounting.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Tsang, Desmond; Porrello, Robert (Fall) Cecere, Ralph; Triassi, Jack (Winter) Davies, Brian Lindsay (Summer)
Prerequisite: MGCR 211
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ACCT 352 Intermediate Financial Accounting 2 (3 credits)
Overview
Accounting : A continuation of Intermediate Financial Accounting 1. An examination of liability recognition, measurement and disclosure, including leases, pension costs and corporate income tax. Shareholders' equity, dilutive securities and earnings per share. The statement of changes in financial position, basic financial statement analysis and full disclosure in financial reporting.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Cecere, Ralph; Nayer, David (Fall) Pimentel, Erica; Abrams, Ryan (Winter) Degrace, Lynn (Summer)
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ACCT 361 Intermediate Management Accounting 1 (3 credits)
Overview
Accounting : The role of management accounting information to support internal management decisions and to provide performance incentives.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Kalyta, Pavlo; Levy, Philippe; Giaccari, Domenic (Fall) Levy, Philippe; Giaccari, Domenic (Winter) Tenenbaum, Lawrence S (Summer)
Prerequisite: MGCR 211
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ACCT 455 Development of Accounting Thought (3 credits)
Overview
Accounting : The conceptual underpinning of accounting thought, including its historical development and the modifications that have occurred over time. A review of accounting literature and its relevance to practice.
Terms: Fall 2011, Winter 2012
Instructors: Cecere, Ralph; Susel, Roman (Fall) Farber, David; Iannotti, Nicolino (Winter)
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ECON 250D1 Introduction to Economic Theory: Honours (3 credits) *
Overview
Economics (Arts) : An intermediate level microeconomics course. Includes theory of exchange, theory of consumer behaviour, theory of production and cost curves, theory of the firm, theory of distribution; general equilibrium and welfare economics. The assumptions underlying the traditional neo-classical approach to economic theory will be carefully specified.
Terms: Fall 2011
Instructors: Xue, Licun (Fall)
Students must register for both ECON 250D1 and ECON 250D2.
No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms
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ECON 250D2 Introduction to Economic Theory: Honours (3 credits) *
Overview
Economics (Arts) : See ECON 250D1 for course description.
Terms: Winter 2012
Instructors: Sinitsyn, Maxim (Winter)
Prerequisite: ECON 250D1
No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms
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ECON 257D1 Economic Statistics - Honours (3 credits) **
Overview
Economics (Arts) : Stochastic phenomena; probability and frequency distributions, introduction to probability theory. Statistical inference about proportions, means and variances; analysis of variance; nonparametric statistics; index numbers and time series; economic forecasting; regression and correlation analysis; introduction to general linear models, its uses and limitations; uses and misuses of statistics.
Terms: Fall 2011, Winter 2012
Instructors: Galbraith, John W (Fall)
Restriction: Not open to students who have taken 154-357 or are taking ECON 217 or ECON 227.
Students must register for both ECON 257D1 and ECON 257D2.
No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.
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ECON 257D2 Economic Statistics - Honours (3 credits) **
Overview
Economics (Arts) : See ECON 257D1 for course description.
Terms: Winter 2012
Instructors: Zinde-Walsh, Victoria (Winter)
Prerequisite: ECON 257D1
No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.
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ECON 352D1 Macroeconomics - Honours (3 credits) ***
Overview
Economics (Arts) : Basic macroeconomic theory, emphasizing the Classical and Keynesian ideas for the short-run determination of output, employment, interest rates and prices in the economy. Elements of international economics, money and banking and growth theory. The structure of the Canadian economy.
Terms: Fall 2011, Winter 2012
Instructors: Alvarez-Cuadrado, Francisco (Fall)
Prerequisite: ECON 250D1/ECON 250D2
Corequisite: ECON 257D1
Students must register for both ECON 352D1 and ECON 352D2
No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms
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ECON 352D2 Macroeconomics - Honours (3 credits) ***
Overview
Economics (Arts) : See ECON 352D1 for course description.
Terms: Winter 2012
Instructors: Poschke, Markus (Winter)
Prerequisite: ECON 352D1.
Corequisite: ECON 357D2.
No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms
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ECON 450D1 Advanced Economic Theory - Honours (3 credits)
Overview
Economics (Arts) : Selected topics in economic theory from recent periodical and monograph literature.
Terms: Fall 2011
Instructors: Alvarez-Cuadrado, Francisco (Fall)
Prerequisites: ECON 250D1/ECON 250D2 and ECON 352D1/ECON 352D2
Students must register for both ECON 450D1 and ECON 450D2.
No credit will be given for this course unless both ECON 450D1 and ECON 450D2 are successfully completed in consecutive terms
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ECON 450D2 Advanced Economic Theory - Honours (3 credits)
Overview
Economics (Arts) : See ECON 450D1 for course description.
Terms: Winter 2012
Instructors: Sinitsyn, Maxim (Winter)
Prerequisite: ECON 450D1
No credit will be given for this course unless both ECON 450D1 and ECON 450D2 are successfully completed in consecutive terms
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ECON 468 Econometrics 1 - Honours (3 credits)
Overview
Economics (Arts) : The statistical basis of econometric modelling and treatment of the linear regression model; simple time series models; procedures for inference in linear cases; an introduction to methods for dealing with endogeneity and non-constant variance.
Terms: Fall 2011
Instructors: Dufour, Jean Marie (Fall)
Prerequisite(s): ECON 257D1/D2 or permission of the instructor.
Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
* 3 of the 6 credits for ECON 250D1/D2 exempt MGCR 293 in Management Core.
** 3 of the 6 credits for ECON 257D1/D2 exempt MGCR 271 in Management Core.
*** 3 of the 6 credits for ECON 352D1/D2 exempt ECON 295 in Management Core.
Complementary Courses (15 credits)
3 credits from the following:
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ECON 460 History of Thought 1 - Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought prior to the close of the 19th century, as reflected in the writings of prominent economists from the time of Adam Smith to the emergence of marginalism and neoclassical economics.
Terms: Winter 2012
Instructors: Watson, William (Winter)
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ECON 461 History of Thought 2 - Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought in the 20th century, as reflected in the writings of prominent economists on equilibrium, dynamics, games, expectations, econometrics, industrial structure, economic policy and other primary areas of interest.
Terms: This course is not scheduled for the 2011-2012 academic year.
Instructors: There are no professors associated with this course for the 2011-2012 academic year.
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ECON 469 Econometrics 2 - Honours (3 credits)
Overview
Economics (Arts) : Treatment of asymptotic theory and classical inferential procedures, an introduction to the bootstrap, maximum likelihood, non-linear models, mis-specification testing, non-stationarity and limited dependent variable models.
Terms: Winter 2012
Instructors: El-Attar Vilalta, Mayssun (Winter)
Prerequisite: ECON 468
Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
12 credits from the following:
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ACCT 354 Financial Statement Analysis (3 credits)
Overview
Accounting : Interpretative nature of the conceptual framework underlying a multitude of financial reporting standards, including the impact of alternative accounting methods, management biases and stakeholder interests in the analysis and valuation of the firm.
Terms: Fall 2011, Winter 2012
Instructors: Fortin, Steve; Zhang, Sanjian (Fall) Scott, Julia; Susel, Roman (Winter)
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ACCT 362 Intermediate Management Accounting 2 (3 credits)
Overview
Accounting : An examination of a number of recurring issues in the area of decision-making and control, including cost allocation, alternative costing systems, and innovations in costing and performance measurement.
Terms: Fall 2011, Winter 2012
Instructors: Nagy, Jessica; Benk, Christopher (Fall) Zhang, Jingjing; Lapointe, Deirdre (Winter)
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ACCT 385 Principles of Taxation (3 credits)
Overview
Accounting : An introduction to the concepts underlying the Canadian tax system and how they are applied in relation to the taxation of individuals and businesses.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Armanious, Joseph; Goldsman, Larry; Pimentel, Erica (Fall) Goldsman, Larry; Armanious, Joseph (Winter) Goldsman, Larry (Summer)
Prerequisite: MGCR 211
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ACCT 452 Financial Reporting Valuation (3 credits)
Overview
Accounting : Models to determine firm value from accounting information and a broader perspective on key sources of information, key value drivers, in a setting where evaluating firm value is the ultimate purpose.
Terms: Winter 2012
Instructors: Occhionero, Antonio (Winter)
Prerequisite: ACCT 354.
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ACCT 453 Advanced Financial Accounting (3 credits)
Overview
Accounting : Reporting relevant financial information subsequent to long term intercorporate investments. The preparation of consolidated financial statements with emphasis on their economic substance rather than legal form.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Scott, Julia; Degrace, Lynn (Fall) Degrace, Lynn; Scott, Julia (Winter) Wilson, Jim (Summer)
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ACCT 463 Advanced Management Accounting (3 credits)
Overview
Accounting : The theoretical frameworks for the examination and evaluation of management accounting and control systems. The technical aspects of accounting along with behavioural issues of management control.
Terms: Fall 2011, Winter 2012
Instructors: Levy, Philippe (Fall) Degrace, Lynn; Levy, Philippe (Winter)
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ACCT 475 Principles of Auditing (3 credits)
Overview
Accounting : An introduction to basic auditing concepts and internal controls of an accounting system. Topics include current auditing standards, ethical conduct, legal liability, planning of an audit, sampling techniques, non-audit engagements, the study and evaluation of internal controls in an accounting system.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Zhang, Sanjian; Roan, Thu Huong (Fall) Roan, Thu Huong; Cecere, Ralph (Winter) Roan, Thu Huong (Summer)
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ACCT 486 Business Taxation 2 (3 credits)
Overview
Accounting : A study of the Income Tax Act as it applies to the taxation of individuals and corporations, including capital cost allowances, capital gains, corporate reorganisations, trusts and partnerships and administrative regulations. A review of consumption taxes.
Terms: Fall 2011, Winter 2012, Summer 2012
Instructors: Goldsman, Larry; Triassi, Jack (Fall) Triassi, Jack; Goldsman, Larry (Winter) Triassi, Jack (Summer)
Prerequisite: ACCT 385