2014 2015 ACCOUNTING UNDERGRADUATE STUDENT HANDBOOK · Welcome to the Department of Management (DOM) and congratulations on joining our Accounting major! You are joining the University

1 | P a g e

2014 - 2015 ACCOUNTING

UNDERGRADUATE STUDENT HANDBOOK

2 | P a g e

Dear Accounting Student:

On behalf of the faculty and administration within the Department of Management and the College of Business and Economics, I am pleased to welcome you to the BComm Accounting (ACCT) class of 2018. This program is designed to prepare you for a rewarding career in Accounting and will provide you with the academic requirements for a postgraduate pursuit of a Professional Accounting designation. During your four years at Guelph, you will develop a strong foundation of accounting and general business knowledge and have the opportunity to expand your breadth and depth of knowledge in related areas of study. I hope you take advantage of the Accounting Plus options available to you (see page 15). A number of accounting firms are very intrigued by the idea of combining your accounting education with a related area of study. I believe taking one of these options will set you apart when you are graduating and looking for employment.

This handbook is an introduction to the program and the experience you are about to embark on. I hope you will find it useful. It holds the answers to the most common student questions we receive. Also, I encourage you to keep it in a safe place, as you will likely want to refer to it many times while you complete your program.

Over the next four years you will meet many of the faculty from the Department of Management. They specialize in such areas as financial and management accounting, auditing, taxation, leadership and operations management. They have practical business experience; they have professional accounting designations and are committed to providing you with an engaging and interactive education. I hope you will take full advantage of the opportunity – by ensuring you are well prepared for class, asking questions, contributing your ideas, dropping by during office hours, and selecting electives that will contribute to the types of skills and knowledge that you are hoping to acquire.

Should you have any questions or concerns about your program to date please do not hesitate to consult with Professor Lynn Carty, the Accounting Faculty Advisor ([email protected], JD MacLachlan 213A, ext. 52161), Hugh Clark the B.Comm Program Counsellor ([email protected], MINS 207, ext.56757), or me.

I look forward to meeting you and wish you every success in the program.

Davar Rezania Associate Professor and Chair, Department of Management Room 204A, JD MacLachlan Bldg. ext. 54257 [email protected]

3 | P a g e

Department of Management

Hi!

I am your faculty advisor for the Accounting major within the B.Comm program. I am happy to help you in any way that I can. I can be a very important resource for you as you move through the program. If you have questions about your schedule of studies, courses, careers, or even if you just want to chat, I would love to meet you! I strongly encourage you to come and see me.

If you have a question, please visit the FAQ section on the website. Please be sure to visit this website before contacting me – quite often your question can be answered from this website (saving time for both of us!). If you cannot find an answer to your question on the website, please email me at [email protected]. I will respond within two business days, maybe sooner. If I cannot answer your question via email, you can come and see me in person during my office hours. I look forward to meeting you (even if you don’t have a specific question, please come by to say hello!).

Lynn Carty, BA, CPA, CMA Faculty Advisor & Assistant Professor Room 213A, JD MacLachlan Bldg. ext. 52161 [email protected]

4 | P a g e

Dear Accounting Student:

Welcome to the Bachelor of Commerce Accounting major at the University of Guelph! The major will provide students with the skills and knowledge to prepare for a successful future in accounting. Upon graduation, you will leave this institution equipped to pursue an accounting designation. It is also important to broaden your educational experience to one that extends beyond the classroom to fully prepare yourself for the future.

The purpose of the Accounting Society of Guelph (ASG) is to raise awareness of accounting profession and to support students who are interested in pursuing an accounting designation. The ASG represents accounting students within the academic community and professional field while providing networking opportunities, professional development and adding value to the student’s university experience. This club also provides unique opportunities such as information nights, career nights, review nights and case competitions. Attending and participating in these events will enable you to create and build relationships with other accounting students, faculty and the business community.

The executives within the ASG encourage all individuals in the accounting program to get involved and maximize all opportunities during their undergraduate experience at Guelph. Use these events and opportunities to build your industry connections, because one day, you will become the industry leaders in accounting!

Be sure to carefully look through this handbook as it will enable you to make the most of your accounting undergraduate degree. If you have any questions, comments or suggestions, please feel free to contact us. We also suggest that each accounting student sign-up to be a member with the ASG in order to receive important updates and opportunities available during the school year. Students can do this by logging on to www.uofgaccounting.com, following the links to become a member. We encourage every accounting student to get involved and to expand their opportunity.

Accounting Society of Guelph Executive Web: www.uofgaccounting.com Contact: [email protected] Office Location uoG Biz Room 215A FVMI Building 519-824-4120, ext. 52029

5 | P a g e

Become part of our mailing list by emailing us at [email protected] for information on:

Networking opportunities CPA Information nights CGA Information nights

Accounting Case Competitions Career Fairs

Guest speakers Social Events Charity Events

The Accounting Society of Guelph hopes to provide you with the opportunity to create and build your relationships with other Accounting students, faculty and the business community.

Check us out at www.uofgaccounting.com

6 | P a g e

Co-operative Education & Career Services (CECS)

The College of Business and Economics partners with Co-operative Education and Career Services (CECS) to bring their services to students in the College. CBE is pleased to announce the addition of a Co-op and Career Coordinator to support our students. Located on Trent Lane, Building #54, which is located on the north side of Rozanski Hall (formerly Computing & Communication Services), the coordinator provides a valuable link to staff in Career Services who deliver career counselling and career development programming; host information sessions for post-grad education and career opportunities.

The Co-op and Career Coordinator keeps students informed of career-related events, workshops and job postings through their physical presence in Macdonald Institute, email contact, and classroom announcements. In addition to the many workshops offered by CECS, the Co-op and Career Coordinator works with various student groups to offer workshops specifically for CBE students including: resume and cover letter writing, networking, interview preparation and job search. Other collaborative events, such as career nights and networking events, bring alumni and representatives from leading corporations to campus to meet with our students.

Co-operative Education & Career Services actively supports and educates our students and alumni as they make career decisions, develop job search strategies, and pursue experiential learning opportunities offered through our employment and further education planning services.

Students can access our on-line job posting service 24/7. Other employment programs and services include: Employer Information Sessions, Career and Job Fairs, Career Nights and Employer Networking events. Some of our Career Development services include: Career Testing, Career and Job Search Advising, Educational Planning, Information Sessions, and Workshops on topics such as Resumes, Cover Letters and Interviews. We also offer specialized support for persons with disabilities.

For detailed information about all of our services and programs please go to: www.recruitguelph.ca.

Contact: Carla Bradshaw College of Business and Economics Co-op/Career Coordinator 519-824-4120, ext. 56866 [email protected]

7 | P a g e

TABLE OF CONTENTS

DEPARTMENT OF MANAGEMENT – VISION, MISSION ............................................................ 10

THE ACCT PROGRAM as PART of the UNIVERSITY .................................................................... 11

THE UNDERGRADUATE PROGRAM ............................................................................................. 12

PROFESSIONAL DESIGNATIONS IN ACCOUNTING .................................................................. 16

ACADEMIC ADVISING - TO SUPPORT YOU ................................................................................ 17

KEY ACADEMIC REGULATIONS ................................................................................................... 18

ACADEMIC INTEGRITY ................................................................................................................... 23

INTERNATIONAL EXCHANGE OPPORTUNITIES ....................................................................... 25

AWARDS - YOU SHOULD APPLY .................................................................................................. 26

GENERAL INFORMATION ............................................................................................................... 28

UNIVERSITY OF GUELPH'S LEARNING OBJECTIVES ............................................................... 30

SCHEDULE OF COURSES 2014-2015 .............................................................................................. 32

CONTINUATION OF STUDY REQUIREMENTS (Schedule 1) ...................................................... 43

CONTINUATION OF STUDY REQUIREMENTS (Schedule 2) ...................................................... 45

Course Waiver Request......................................................................................................................... 46

8 | P a g e

YOUR SCHOOL – Overview

Welcome to the Department of Management (DOM) and congratulations on joining our Accounting major! You are joining the University of Guelph at a very exciting time for both the Department of Management and the Accounting (ACCT) Program. The Department of Management was established in 2006 and is the home to the Accounting major.

The DOM is part of the College of Business and Economics, which also incorporates the Department of Economics, the School of Hospitality and Tourism Management, and the Department of Marketing and Consumer Studies. The College, which is home to the majority of Guelph’s Bachelor of Commerce (BComm) faculty, staff, students and programs, was established in 2006 to facilitate growth in the University’s management and leadership programs. According to Dean, Julia Christensen Hughes “The Accounting major at the University of Guelph is unique among other accounting programs given the quality of the faculty and the learning environment, as well as the opportunity for students to learn critical skills - beyond accounting - that will help set them up for career success. University of Guelph faculty not only have academic credentials, but also practical business experience and at least one of the "big 3" accounting designations, which they draw on to help students understand key concepts and to provide relevant career advice. Accounting students at Guelph are also encouraged to pursue a secondary area of study in addition to their major. Courses in entrepreneurship, corporate social responsibility, leadership, human resource management, real estate and housing, hospitality and tourism, finance and economics, and agribusiness provide accounting majors at Guelph with the opportunity to develop a unique and well-balanced set of competencies, that will help set them apart for years to come." Today, with an entering class of approximately 900 students, and a total enrolment of 3,400 students spread amongst nine different majors, U of G's BComm program is among the Country's largest. Graduate enrolment has also increased substantially, with new executive management and leadership programs attracting increasing numbers of students.

The BComm Program offers majors in the following 9 areas of study. Your offer of admission indicates the major (ACCT) to which you have been admitted. Knowing your major is important because the courses you are required to take are determined by the major.

Accounting Agricultural Business Hotel and Food Administration Human Resources Management Leadership and Organizational Management Management Economics in Industry and Finance Marketing Management Public Management Real Estate and Housing Tourism Management

All BComm students must take a pre-determined core of BComm courses. Within each major, additional courses are required to develop subject matter expertise. As an ACCT major, topics to which you will gain exposure range from financial accounting, management accounting, taxation and auditing to business policy and operations management. Accounting related classes extend beyond the traditional lecture based format to include community based group

9 | P a g e

projects, guest lecturers, in-class simulations and case-based learning to help you link academic expertise and theory with industry practice.

The 2014-2015 ACCT major class is approximately 120 students. The student body is dynamic and energetic with a broad range of interests within the Accounting field. The Accounting Society of Guelph (ASG) is active in providing access to Professional Designation Information, networking events, Accounting Case Competitions, careers night, guest speakers and social events to help you build relationships with students, faculty, and the business community.

Recent graduates from the Department of Management have successfully launched their careers and post-undergraduate studies with excellence. Within months of graduation, students have secured jobs in their fields, continued to graduate school (for Law Degrees or their MBA’s), as well as explored entrepreneurship opportunities. As an important member of this community we hope you will play an important role in shaping the future of the Department and the College. Its success depends on your success.

10 | P a g e

DEPARTMENT OF MANAGEMENT – VISION, MISSION

Our Vision: We are dedicated to creating personal and professional leaders for sustainable and ethical enterprise.

Our Mission is to be a scholarly community committed to improving the effectiveness of people and organizations, and the societies in which they reside, through groundbreaking and engaging scholarship and pedagogy.

We seek to promote a comprehensive, critical and strategic understanding of organizations, including the complex interrelationship between leadership, systems (financial and human) and the broader social and political context. We prepare graduates for leadership roles in which organizational objectives, self-awareness, social responsibility and sustainability are primary considerations.

Department of Management faculty are committed to providing students with the opportunity to develop strategic and critical perspectives in their areas of study and to become actively involved in the learning process through interactive classroom, on-line and service or community-based learning experiences, and through the practical application of course content to real world issues and contexts.

We teach undergraduate and graduate courses in a variety of areas including: strategy, leadership, international business, corporate social responsibility, sustainability, accounting, financial management, strategic human resource management, and entrepreneurship and innovation.

11 | P a g e

THE ACCT PROGRAM as PART of the UNIVERSITY

The Accounting (ACCT) major is part of the Department of Management (DOM) within the College of Business and Economics (CBE), which is one of the seven colleges of the University of Guelph. The Department of Management offers 2 of the 9 majors in the Bachelor of Commerce (BComm) Program – Accounting and Leadership and Organizational Management. As an ACCT student you: • are a member of the College of Business and Economics • belong to the Department of Management (DOM) • are enrolled in the BComm program • have a major – Accounting When you graduate your degree will indicate that you received a Bachelor of Commerce degree, but it will not indicate your major or the Department’s name. Your official University of Guelph transcript will indicate both your degree and major (BComm.ACCT). The University of Guelph's home page can be found at: www.uoguelph.ca The College of Business and Economics home page can be found at: www.uoguelph.ca/business The Department of Management home page can be found at: www.uoguelph.ca/management

12 | P a g e

THE UNDERGRADUATE PROGRAM

The Underlying Philosophy

Learning Objectives

Arising from the Aims and Objectives Report, the following Objectives were approved by the Senate of the University in 1987. They are a set of objectives described in terms of the desired characteristics of educated graduates, and are used in part to guide educators in their development of courses and programs. These can be found in Exhibit 1.

The Curriculum

The program consists of three components which inter-relate. Each component has a specific objective, although there is obviously some overlap. 1) Foundation Courses - These are the courses upon which professional studies will be

developed. Since students study different subject areas in high school, the intention is also to introduce them to other disciplines and thereby ensure some "levelling" of exposure by the end of first year.

2) Professional Knowledge and Skills - These courses constitute the core of the program and cover hospitality & tourism as well as business subjects. For the most part, these courses adopt a functional approach and have a unit-level or tactical management orientation.

3) Conceptual Skill Development - These courses, although relatively few in number, are crucial to the overall program, because their aim is to sharpen problem-solving and decision-making skills through the use of the case teaching method. These courses also focus on strategic issues, usually in multi-unit operations and encourage a multi-disciplinary perspective.

The Bachelor of Commerce Core

The BComm program is interdisciplinary in nature and designed to give students a sound professional management education while preparing graduates for positions of responsibility in particular areas of management and business. In addition to specializing in a major area of study, the BComm core program ensures that each major also provides a comprehensive commerce education. Common core elements spanning each of the BComm majors include:

Accounting (1.00 credits) Economics (1.00 credits) Finance (1.00 credits) Information Management (0.50 credits) Marketing (0.50 credits) Statistics (0.50 credits) Operations Management (0.50 credits) Strategy / Business Policy (1.00 credits) Organizational Behaviour (1.00 credits)

13 | P a g e

Law (0.50 credits) Liberal Education Requirement (1.50 credits) - See below for details.

The Accounting Major The specific Schedule of Studies for the BComm majors is outlined in the 2014-2015 Undergraduate Calendar and has been reproduced in Exhibit 2. You are required to follow the Schedule of Studies outlined in the calendar when you entered the program (e.g. 2014-15 Undergraduate Calendar for students who entered in Fall 2014). NOTE: Given the professional and applied nature of the BComm program there are no double majors or minors associated with the degree.

CPA Stream

If you plan on pursuing a Chartered Professional Accountant (CPA) designation there are specific courses you need to take to be eligible for the CPA PEP program (see Exhibit 2). You should also keep in mind that the CPA’s requirements are that you must have grade of at least 60% in each of these courses as well as a combined average of 65% in these courses.

Liberal Education Requirement The Liberal Education Requirement is designed to provide students with exposure to and some understanding of a range of disciplines in the Arts, Social Sciences and Mathematical and Natural Sciences. As part of the Free Elective credits all Accounting students (like all BComm majors) are required to complete 1.50 credits from at least two (2) different subject prefixes as listed under the BComm Program Information section of the 2014-2015 Undergraduate Calendar. Students cannot use courses required in their schedule of studies (core courses) to meet this requirement.

Electives A number of students want to focus their electives in a specific area, but either don`t know what areas complement Accounting, or find out too late that they needed a prerequisite for some interesting upper year courses. As a result, the faculty advisor has created a list of recommended courses (Accounting + options) that may help guide you in developing your own program throughout your undergraduate experience as an ACCT major at the University of Guelph. This is simply a guide to help you think about what courses you could take and when.

You are completely free to select any electives of your choice and it is recommended that you take electives that interest you. As well, please note that these recommended electives, their prerequisites, the terms they are offered and restrictions may be changed at any time by the department or school that offers them. Therefore, please check the University of Guelph undergraduate calendar annually for any changes.

14 | P a g e

As part of the B.Comm major, you must take 1.50 credits as a Liberal Education Requirement which must be from at least two of the following prefixes. Your choice within the recommended bundles of electives for the ACCT major can also be counted towards your Liberal Education Requirement. ANSC Animal Science ANTH Anthropology ARTH Art History BIOL Biology BIOM Biomedical Sciences BOT Botany CHEM Chemistry CIS Computing and Information Science CLAS Classical Studies CROP Crop Science EDRD Environmental Design and Rural Development ENGL English ENVB Environmental Biology EURO European Studies FOOD Food Science FREN French Studies FRHD Family Relations and Human Development GEOG Geography GEOL Geology GERM German Studies GREK Greek HIST History

HUMN Humanities IDEV International Development ISS Interdisciplinary Social Science ITAL Italian Studies LAT Latin LING Linguistics MATH Mathematics MBG Molecular Biology and Genetics MUSC Music NUTR Nutrition PHIL Philosophy PHYS Physics POLS Political Science PSYC Psychology SART Studio Art SOAN Sociology and Anthropology SOIL Soil Science SOC Sociology SPAN Spanish Studies THST Theatre Studies UNIV Interdisciplinary University WMST Women's Studies ZOO Zoology

15 | P a g e

ACCOUNTING + OPTIONS

Recommended Bundled Electives for the Accounting Major The following is a list of recommended electives for students wanting to focus their electives in a specific area of study. Refer to Exhibit 2 for detailed course charts. Accounting + Banking and International Finance ECON*2410: Intermediate Macroeconomics (semester 2) ECON*3860: International Finance (semester 5) ECON*3960: Money, Credit and the Financial System (semester 6) ECON*4660: Financial Markets Risk Management (semester 8) Accounting + Corporate Finance ECON*3660: Economics of Equity Markets (semester 6) ECON*3760: Fundamentals of Derivatives (semester 6) ECON*4660: Financial Markets Risk Management (semester 8) Accounting + Human Resources ECON*2200: Industrial Relations (semester 3) BUS*3000: Human Resources Management (semester 4) HROB*3010: Compensation Systems (semester 5) HROB*3070: Recruitment and Selection (semester 5) HROB*3090: Training and Development (semester 6) HROB*3030: Occupational Health & Safety (semester 6) HROB*4060: Human Resources Planning (semester 8) Accounting + Hospitality & Tourism Management HTM*1000: Introduction to Hospitality and Tourism Management (semester 1) HTM*2030: Control Systems in the Hospitality Industry (semester 3) BUS*3000: Human Resources Management (semester 4) HTM*2100: Lodging Operations (semester 4) HTM*3080: Hospitality and Tourism Marketing (semester 5) HTM*3120: Operations Analysis in the Hospitality and Tourism Industry (semester 6) Accounting + Leadership HROB*2010: Foundations of Leadership (semester 3) PHIL*2600: Business & Professional Ethics/or acceptable alternative (semester 4) BUS*3000: Human Resources Management/or acceptable alternative (semester 5) HROB*4010: Leadership Capstone (semester 8) Additional Acceptable Elective * See Certificate of Leadership website for acceptable alternative courses: www.leadershipcertificate.com

16 | P a g e

Accounting + Public Management POLS*1400: Issues in Canadian Politics (semester 3) POLS*2250: Public Administration and Governance (semester 4) POLS*2300: Canadian Government and Politics (semester 4) POLS*3250: Public Policy: Challenges and Prospects (semester 5) POLS*3270: Local Government in Ontario (semester 6) Accounting + Real Estate and Housing MCS*1820: Real Estate and Housing (semester 3) MCS*2820: Real Estate Finance (semester 4) MCS*4820: Real Estate Appraisal (semester 5) MCS*3890: Property Management (semester 6)

Conditions for Graduation To qualify for a Bachelor of Commerce degree with a major in Accounting, a student must satisfy the following conditions:

•have successfully completed a minimum of 20.00 approved credits in accordance with the Schedule of Studies for the specified major.

• have successfully completed 1.50 credits from the Liberal Education Requirement list (see p. 11),

•meet Continuation of Study requirements (see Exhibits 4 and 5). Students will not be eligible to graduate while on Probationary or Required to Withdraw status.

PROFESSIONAL DESIGNATIONS IN ACCOUNTING

The Canadian accounting profession has undergone significant change with the creation of the Chartered Professional Accountant (CPA) designation (formerly the Chartered Accountant or CA designation). The Certified Management Accountant’s (CMA’s) joined with the CPA’s in April, 2014 and in June, 2014 the Certified General Accountant’s (CGA’s) announced their members voted to support unification with the CPA’s. The united Canada-wide accounting profession will have more than 185,000 members and thousands of students. Students pursuing a CPA designation must take specific courses as part of their undergraduate degree and must have a grade of at least 60% in each of these courses as well as a combined average of 65% in these courses. Students who successfully complete these courses are eligible for the CPA Professional Education Program (CPA PEP). Upon completion of the CPA PEP program, students are eligible to write the Common Final Examination (CFE). There is also a professional experience requirement. Students can find out more information about the CPA designation at www.cpaontario.ca/Students Throughout your studies at the University of Guelph, there will be multiple opportunities to gain exposure to the accounting profession, attend functions and engage in career planning activities. Obtaining a professional designation is a good investment because it gives you a legitimacy that would take you a decade to earn on your own. If you have additional questions about the CPA designation, feel free to contact your faculty advisor, the Accounting Society of Guelph, or the CPA’s directly to discuss your action plan.

17 | P a g e

ACADEMIC ADVISING - TO SUPPORT YOU

The Role of Advising:

Universities can be intimidating and impersonal institutions, especially for new students. In order to address this problem, the University provides various services including academic and personal counselling. Although it is the responsibility of students to ensure they meet all the University’s regulations, the department places particular emphasis on supporting students through its own academic advising activities. The function of the academic advising system is to act as a resource in the following ways:

• To advise students on routine academic procedures such as dropping and adding courses, the course selection period, medical notes etc.

• To provide students with information about the academic requirements of their major, including their selection of courses, various prerequisite requirements for courses and graduation requirements.

• To provide initial counselling to those students who are in academic difficulty and to refer students to other campus services such as the BComm Program Counsellor (MINS 207), as necessary. For example, assisting students in understanding their academic requirements while on Probation.

• To be aware of career and graduate study opportunities related to the accounting and financial management field.

• To support students with personal problems affecting their academic performance adversely. Quite a few students fall into this category during the four years. In such instances, it is advisable to let Prof. Lynn Carty, the Department's Undergraduate Academic Advisor (MCLN 213A, ext. 52161 or [email protected]) know of the specific situation before rather than after it has an impact on your studies or exam results. The University has various procedures relating to illness and compassionate situations.

Professor Lynn Carty, the ACCT Undergraduate Academic Advisor, advises all TRANSFER students. Since the programs of transfer students are generally out of sequence and their course planning is more difficult, they are strongly advised to consult Lynn Carty regarding course selection each semester. Other students with concerns that are of a non-routine or personal nature may be referred to Lynn Carty. Since the issues involved in these instances can be quite time consuming, whenever possible you are asked to make an appointment by contacting Prof. Carty at ext. 52161 or by e-mail at [email protected]. Although the Department tries to meet the above obligations to the best of its ability, it is the student's responsibility to initiate action and provide the necessary information.

18 | P a g e

KEY ACADEMIC REGULATIONS

Continuation of Study

The continuation of study requirements at the University of Guelph are based on the principle that students must maintain a minimum cumulative/overall average of 60%. To allow for the transition to university for students entering from high school, some leniency has been built into the minimum average requirement during the first 5.00 credit attempts (See Exhibits 3 & 4). When deciding on whether you are eligible to continue in your program, the University reviews your cumulative average first. If your cumulative average does not meet the required minimum of 60%, then you will be either placed on probation or required to withdraw from the University for a minimum of two semesters. If you are placed on PROBATION, then you will be required to obtain a minimum 60% semester average (see the charts in Exhibits 7 and 8, pp. 71 and 72) during your next semester of study (including the Summer semester) whether you take one course or 5 courses in that semester. Therefore, students who are on Probation and taking only one Summer semester course, are cautioned that they must obtain 60% in that course. In subsequent semesters, you would be placed back on regular status, allowed to continue on probation or required to withdraw. Students are taken off probation once their cumulative average is greater than, or equal to 60%. The pertinent information on Continuation of Study in the current on-line Undergraduate Calendar has been reproduced in Exhibits 4 and 5. You should keep in mind that even one very low mark will bring down your cumulative average, although you do well in your other courses. Consequently, each semester you should be aware of the last day to drop courses without penalty (i.e., the 40th class day).

Last Day to Drop Courses (40th Class Day)

All course drops from a student's program for a particular semester must be completed by the dates specified in the Schedule of Dates in the current on-line Undergraduate Calendar (www.uoguelph.ca/registrar/calendars/undergraduate/current/c03/index.shtml). Courses that are one semester long must be dropped by the end of the fortieth class day. Dropping of a course after the 40th class day is allowed only in exceptional circumstances and requires the approval of the BComm Program Counsellor (MINS 207) or the BComm Academic Review Sub-Committee. Before the last day to drop, it is a good idea to evaluate how you are doing in each of your courses. If you know you are likely to fail a course it may be better to drop the course. This can be particularly true of distance education courses where students have a tendency to "give up on a course" and then obtain a very low grade (e.g. 21%) which obviously brings down their cumulative average considerably. Remember your faculty advisor is always there to assist you.

19 | P a g e

Course Selection Period

Course selection refers to a specific 3-week period of time each semester when you select courses for the following semester. Students are responsible for completing their course selection by: 1) using the WebAdvisor computer system accessible through the University’s

website, either on-campus from various sites including residence or from off-campus OR

2) by completing and submitting an Undergraduate Course Request form to Student Records, Office of Registrarial Services (University Centre, Level 3).

Whether you do your course selection using WebAdvisor or on paper it is important to do it at your earliest opportunity for several reasons:

courses and/or sections of courses may be full after Course Selection Period and those who have not selected courses may not be able to enrol in them. Indeed, there have been several occasions when students have had to return for an extra semester just to pick up one course.

individual course approvals are not required during Course Selection Period whereas they may be required during the Add Period.

your fees are determined by Student Financial Services based on the number of courses you select.

Although students who are ELIGIBLE to CONTINUE do not need program approval when completing course selection if you are unsure about your choice of courses it is a good idea to consult Lynn Carty, the ACCT Undergraduate Academic Advisor. The points below are intended to help you avoid problems during the course selection period.

DO NOT select courses where the lectures/seminars/labs clash with each other, resulting in a timetable conflict. The WebAdvisor program will not alert you to course conflicts (lectures, seminars and/or labs, final exams scheduled at the same time) so you must plan your courses to avoid these conflicts.

DO NOT select courses for which you do not have the prerequisites. This includes courses which require a certain number of credits completed. In such instances, WebAdvisor is programmed to reject your selection of courses.

DO NOT leave your course selection until the last moment, particularly if you need a Course Waiver in order to take a course.

Permission to Take 3.00 credits (6 courses) in a Semester

Students are normally restricted to selecting a maximum of 2.50 credits during course selection and up to the last day of the add period. With approval from the Bcomm Program Counsellor (MINS 207), under exceptional circumstances, a student can enrol in more than 2.50 credits earlier in the Course Selection Process.

Dropping and Adding Courses, Changing Seminar or Lab Sections

Courses are designated as being either REGULAR or PRIORITY ACCESS. Priority Access Courses (PACs) have restriction rules placed on them in order to control registration where there is a demonstrated need to restrict access to a particular cohort of students on a priority basis (e.g. BComm, ACCT students only, or students with a minimum number of credits etc.).

20 | P a g e

Many courses will also have limits on the class size. Any course that is not designated a PAC is considered to be a REGULAR course. You will need a Course Waiver Request form signed in order to take a PAC if you do not meet the restrictions placed on the course or if the course has reached its designated capacity. Course Waiver Request forms are signed by the instructor or the departmental representative in the Departmental offering the course. Lynn Carty, the ACCT Undergraduate Academic Advisor (MCLN 213A), signs all Course Waiver Requests for ACCT related courses. NOTE: If you need a need a ‘Course Waiver Request’ form signed in order to take a course, this form must be processed by the Student Records, Office of Registrarial Services (UC Level 3) in order for you to be registered in the course. An example of a completed Course Waiver Request form is shown in Exhibit 5. Dropping and adding of courses, changing seminar and lab sections can be done on-line using WebAdvisor. • Courses (both REGULAR and PAC) may only be ADDED during the Add Period at the

beginning of each semester (see Schedule of Dates section of the current on-line Undergraduate Calendar). The addition of a course after the end of the Add Period will be considered only in exceptional circumstances (e.g., illness or compassionate grounds during the first 3 days of classes, late resolution of appeals, failure of a deferred exam, University errors in registration procedures) and requires the approval of both the faculty advisor and the BComm Program Counsellor (MINS 207). If you do not have the required prerequisite or do not meet the course restrictions you will need a signature on a Course Waiver Request form in order to add a PAC.

• Courses (both REGULAR and PAC) may be DROPPED up until the 40th class day.

Permission to drop courses after the 40th class day is only granted by the BComm Program Counsellor (MINS 207) under very extenuating circumstances.

Prerequisite Waivers

It is sometimes possible to have the prerequisite(s) waived for a particular course. A Course Waiver Request form may be obtained from the Office of Registrarial Service (University Centre, Level 3) or downloaded from WebAdvisor for Students by going to the yellow “Undergraduate Forms and Publications” heading on the right side. It is the instructor or department's decision as to whether or not the prerequisite should be waived and is not automatically granted. This form must be signed by the instructor or the designated departmental representative. Once the form is signed it must also be processed by Student Records, Office of Registrarial Services (UC Level 3) before the end of the Course Selection Period. Elliott Currie, the ACCT Undergraduate Academic Advisor (MCLN 207), signs all Course Waiver Requests for ACCT courses or will be able to help guide you to the right person if needed. An example of a completed Course Waiver Request form is shown in Exhibit 5.

Medical or Compassionate Problems

In order to obtain academic consideration for medical or compassionate problems, you should follow the procedure outlined in the current on-line Undergraduate Calendar, by clicking on ‘VIII - Undergraduate Degree Regulations and Procedures, then ‘Academic Consideration and

21 | P a g e

Appeals’ (www.uoguelph.ca/registrar/calendars/undergraduate/current/c08/c08-ac.shtml). If you have medical documentation, it must be handed in to the BComm Program Counselling Office (MINS 207) which will circulate copies to all your instructors. You should always inform your instructor in writing if you want to obtain academic consideration. You are strongly advised not to write midterm or final exams if you are ill. Instead, you should obtain medical documentation and speak to the instructor. Please consult Lynn Carty, the ACCT Undergraduate Advisor if you have any questions (MCLN 213A or [email protected]).

Deferred Final Exams and Privileges

If due to medical, psychological or compassionate circumstances you are unable to write a required final exam, complete a final assignment, or complete a work term report by the deadline, you may be eligible for a deferred privilege. A deferred privilege is the opportunity to write the final exam or complete the final course requirement after the end of the semester. The Academic Review Sub-Committee grants deferred exams and privileges. Course instructors do NOT have the authority to grant deferred final exams or privileges. Instructors can only grant academic consideration for work that is due during the semester and cannot grant extensions beyond their deadline for submission of final grades. You should consult the ACCT Undergraduate Academic Advisor or the BComm Program Counsellor and submit a Request for Academic Consideration form to the BComm Program Counselling Office (MINS 207). It is the student’s responsibility to consult an advisor as soon as extenuating circumstances affect academic performance, in order to initiate action and provide any required documentation. For further information consult the current on-line Undergraduate Calendar by clicking on ‘VIII -Undergraduate Degree Regulations and Procedures, then ‘Deferred Privileges’ (www.uoguelph.ca/registrar/calendars/undergraduate/current/c08/c08-defpriv.shtml). Deferred privileges are completed in the semester immediately following the semester when the course was taken.

Letters of Permission

If you wish to take a course at another university and have that course considered as a credit towards your BComm program at the University of Guelph, you must complete a Request for Letter of Permission form and obtain the necessary approvals/signatures from the ACCT Undergraduate Academic Advisor, Lynn Carty (MCLN 213A) and the BComm Program Counsellor (MINS 207). The form must be completed prior to applying for admission at the other university. Letter of Permission forms can be obtained from the Office of Registrarial Services (U.C. Level 3). For further information consult the current on-line Undergraduate Calendar by clicking on ‘VIII - Undergraduate Degree Regulations and Procedures, then ‘Letter of Permission’ (www.uoguelph.ca/registrar/calendars/undergraduate/current/c08/c08-lop.shtml)

22 | P a g e

Other Key Regulations Academic regulations and other important information can be found in the current on-line Undergraduate Calendar at www.uoguelph.ca/registrar/calendars/undergraduate/current/ as follows: • Academic Consideration and Appeals - Section VIII • Academic Misconduct - Section VIII • Adding Courses (How and when you can add courses) - Section VIII • BComm Program (The program of study for each of the BComm majors) - Section X • Continuation of Study (Are you eligible to continue in your program?) - Section VIII • Deferred Privileges (Deferring exams due to illness etc.) - Section VIII • Description of University of Guelph courses - Section XII • Description of Accounting (ACCT) courses - Section XII, then Accounting • Dropping Courses (How and when you can drop courses?) - Section VIII • Examinations (Midterm and final exam procedures and regulations) - Section VIII • Failed Courses - Section VIII • Fees and Refunds - Section VI • Grades and Grading Procedures (What does an A or B mean?) - Section VIII • ACCT Major Schedule of Studies - Section X, then Bachelor of Commerce, then

Accounting (ACCT) • Grade Reassessment (What to do if you think your grade in a course is wrong?) -

Section VIII • Graduation (Requirements, fees, types of degrees, standing on graduation etc.) -

Section VIII • Letter of Permission (Taking courses at another University) - Section VIII • Schedule of Dates (including last day to drop courses, deferred exam dates, course

selection period, exam period etc.) - Section III, then the appropriate semester • Scholarships and Awards - Section IX • Student Type (regular vs. special) - Section VIII • Supplemental Privileges (What if I fail a course in my graduating semester?) - Section

VIII • Withdrawal (Hiatus) - Section

23 | P a g e

ACADEMIC INTEGRITY

Have you ever been:

confused about how to cite your sources properly? worried you might be unfairly accused of academic misconduct? tempted to borrow from someone else’s work?

If you answered “yes” to any of these questions, or if you have other questions about the academic code of ethics, then the Learning Commons tutorial about Academic Integrity (http://www.academicintegrity.uoguelph.ca/) is something you should read. Here are some key pieces of information from the website and tutorial.

What is Academic Integrity?

Academic integrity is a code of ethics for teachers, students, researchers, and writers. Academic Integrity is fundamental to the University of Guelph’s educational mission. Trust in the integrity of scholarly work is the foundation of academic life and the value of our University’s degrees.

A Code of Ethics for Students and Faculty

The ethical person does not: claim credit for the work of another falsify documents obstruct another person's ability to perform academic tasks in order to gain an unfair

advantage disobey the rules of ethical research, or improperly obtain access to privileged

information or disseminate that information. As a student at the University of Guelph, not only should you obey this code of ethics, but you also have the right to expect that your teachers will obey it as well: that they will grade you fairly and that you will have due process if accused of misconduct.

University of Guelph Expectations of Students

The University has expectations of its students too: one of these expectations is that they will honestly engage in the learning process. Since teaching is often understood as a dialogue or conversation between teachers and their students, with learning as the result, if a student is falsifying one side of the conversation, no real dialogue is going on. Instead of growing and advancing in learning and understanding, unethical students are going to suffer. In the short run, they may be caught and charged with academic misconduct, resulting in failure of a course, suspension, or expulsion from university. In the long run, they will be unprepared for their profession when they graduate.

24 | P a g e

Academic Culture is Damaged When Academic Misconduct Occurs

Academic misconduct is a general term describing the act of perpetrating academic offences detrimental to the University’s learning environment, offences which destroy that trust we have said is essential for academic life. Every member of the University of Guelph community is responsible for maintaining the integrity of scholarship and research. This means that academic misconduct, whether it takes the form of

plagiarism copying another's work in tests, lab reports, theses, journal articles, or computer

programs damaging, hiding, or destroying library books falsifying health certificates cheating on exams

will not be tolerated. We must all work together to prevent cheating. We all know that we should not cheat; nor should we allow others to put honest students at a disadvantage by failing to maintain academic integrity.

Why Academic Integrity is Important

Academic misconduct limits learning and disadvantages honest students: these are two reasons that make it unacceptable. There are others. One is that, since knowledge is built on the foundations of the research that has gone before, we have to trust that what others say they have done is valid. If it is not, subsequent work based on that foundational knowledge will itself be flawed. Another reason is that, once chosen, the path of academic misconduct can lead to further trespasses, and thus can have practical consequences in the world outside of the University. To learn more about Academic Integrity participate in the Learning Commons tutorial (www.academicintegrity.uoguelph.ca).

What you can expect to find in the tutorial is:

Definitions of Academic Integrity and Plagiarism A Video vignette depicting an issue of academic misconduct involving U of G

students Rules, Regulations, and Penalties for Academic Misconduct at the University of

Guelph Illustrations of how to avoid unintentional academic misconduct and plagiarism Short quizzes and exercises to test your understanding of the rules governing

academic work By the time you’ve completed the tutorial, you should have a better understanding of how to avoid academic misconduct and why academic integrity is so important. This will make you feel more secure when you complete your assignments. There are two sections to the tutorial. The first discusses the more general topic of academic integrity; the second focuses on plagiarism.

25 | P a g e

INTERNATIONAL EXCHANGE OPPORTUNITIES

Given the increasing globalization of business many students wish to spend a semester studying in another location or at an institution located in another country. Studying abroad can be one the most rewarding experiences a person can have. However, preparation for studying, volunteering, or working abroad requires a great deal of time and thought. Exchange programs offer students an opportunity to take courses at a university abroad, normally for one semester, but for up to a year, and get credit toward their degree at Guelph. In return, students from the host university study at Guelph. Students participating in an exchange pay their tuition fees at their home university, take regularly scheduled courses at the host university and are subject to the policies and regulations of that institution. Guelph students attending other institutions are required to pay the University of Guelph the cost of full-time tuition and compulsory fees (less the Bus Pass fee), regardless of the number of course credits you take while on exchange. Grades are forwarded to the home institution at the end of the study period with students receiving a pass, fail or outstanding notation on their transcripts. These courses do not affect your University of Guelph cumulative average. As many international courses are not acceptable for credit to Canadian Accounting Bodies it is recommended that the term to focus on is winter of third year. To ensure academic success it is advised that an appointment be set up with the academic advisor at least a year in advance to ensure that the courses selected at the exchange institution are acceptable to your program and preferred profession. Applications to participate in an exchange program are made through the Centre for International Programs (CIP) in the University Centre, Level 3. Students are only able to apply after attending a "Navigating the Exchange Application Process" session. Once they have completed the "Navigating the Exchange Application Process" session they receive an "Exchange Program Application Form". If you have questions about the application process, please contact the Education Abroad Advisor in CIP at [email protected]. Exchange opportunities are awarded on a competitive basis. Your application does not guarantee that you will be successful. Normally, you must maintain a ‘B’ (70%) cumulative average and be a student in good academic standing prior to your departure in order to participate in any of the programs described below. All students travelling outside Canada on an exchange program in connection with their academic work must complete a pre-departure orientation. Pre-departure Orientations are offered in an on-line format using CourseLink. The course is called DepartSmart. Modules cover information on topics which are particularly relevant for those pursuing academic travel. To search for other exchange opportunities please go to the CIP website, www.uoguelph.ca/cip/ and click on “Guelph Students”, then “Find a Study Abroad Program” www.uoguelph.ca/cip/page.cfm?id=42.

26 | P a g e

AWARDS - YOU SHOULD APPLY

Students are eligible for an impressive number of awards made possible through the generous support of corporations, associations and other groups. Eligibility for awards varies from entrance to in-course students, from academic attainment to general contribution to the life of the School and may involve financial need. If you have a 70% or higher cumulative average in the last two semesters, we encourage you to constantly review the terms and conditions for scholarships and apply for any for which you are eligible. Some awards are based on need as long as you are eligible to continue to study. Apply and let the Awards Committee decide if you will receive the award. In the past, most students who had financial need but were not eligible for specific scholarships received general bursary money from Student Financial Services. There are a few scholarships available to ACCT students.

Bill Brohman Memorial Scholarship

This award of $1,500 was established by Robinson Lott & Brohman, LLP, in memory of Bill Brohman, a founding partner of the firm who served on the University of Guelph Board of Governors from 1986 - 1992. The award winner will be chosen on the basis of academic achievement, involvement in extracurricular activities, and a demonstrated interest in a career in accountancy. The award winner must be enrolled in any of the majors of the B.Comm program who have completed 10.0 to 15.0 course credits with a minimum of 75% average. Application is required - please apply to the Dean, College of Business and Economics by May 15, including a statement outlining your extracurricular involvement and interest in pursuing a career in accountancy.

Chartered Professional Accountants Prize for Excellence

This award of $500 cash and a credit (approx. $2,500 in value) equaling one year’s tuition and course fees towards the CPA program is made available by the Chartered Professional Accountants of Ontario. This award is given to a graduating student who has a minimum 77% cumulative average in Intermediate Accounting (ACCT*3330), Intermediate Financial Accounting (ACCT*3340), Management Accounting (ACCT*2230); and Intermediate Management Accounting (ACCT*3230). Application is not required.

Collins Barrow Award

This award ($500) is made available by Collins Barrow, a national firm of Chartered Professional Accountants to the student with the highest grade in Intermediate Financial Accounting (ACCT*3330) in the Winter semester. In the event of a tie, the scholarship will be given to the student with the highest cumulative average in their program. Application is not required.

27 | P a g e

Chartered Professional Accountants of Ontario Scholarship

This scholarship ($500 cash and a free course enrolment in the first complete CPA subject enrolled in the Society’s Program) is made available by the Chartered Professional Accountants, Grand River Chapter. This scholarship will be awarded at summer convocation to a full-time student graduating from B.Comm, B.A. (minor in Business Administration), or B.Sc. (minor in Business Administration), or B.Sc.(Agr.) (major in Agriculture Business or Food Agriculture and Resource Economics) programs with the highest average in the 2 courses – Financial Accounting (ACCT*2220) and Intermediate Financial Accounting (ACCT*3330). Application is not required.

Waterloo-Wellington CPA Association Scholarship

This award ($100) is provided by Waterloo-Wellington Chartered Professional Accountants Association to a student who achieves the highest academic standing in the course – Intermediate Financial Accounting (ACCT*3330). Application is not required.

Additional awards are listed in the current on-line Undergraduate Calendar. Please read the Undergraduate Calendar of the University of Guelph at the following web page: www.uoguelph.ca/registrar/calendars/undergraduate/current/. Click on the “Bachelor of Commerce” section of the on-line calendar.

28 | P a g e

GENERAL INFORMATION

For more information about the College of Business and Economics, see: www.uoguelph.ca/business

It is very important for professors, the Department of Management and the University to

be able to communicate with all students. Your University issued e-mail address is considered an official address and will be used

for all correspondence from the University and ACCT. According to the University’s Statement of Students’ Academic Responsibilities in the Section 1 of the Undergraduate Calendar:

• You are responsible for checking your University of Guelph Gryph Mail account

regularly (every day is best) for important communications. This account is the primary way that the University will notify you of events, deadlines, announcements concerning grades, student financial accounts and other official information.

• If you decide to continue to use your hotmail, yahoo or other e-mail address

please be sure to forward your U of Guelph e-mail to this address. This can be done easily if you go to the following website: www.uoguelph.ca/ccs/gryph-mail/gryph-mail-web-client#forwarding

The University of Guelph's home page can be found at: www.uoguelph.ca Other valuable sources of information are:

1) Student Life and Counselling Services: www.slcs.uoguelph.ca/;

2) Co-operative Education & Career Services: www.cecs.uoguelph.ca/;

3) and Undergraduate Academic Information Centre: www.uoguelph.ca/uaic/, which are all located on Level 3 of the University Centre.

4) The Learning Commons www.learningcommons.uoguelph.ca/ in the library has

information about study and presentation skills, time management, Supported Learning Groups (SLGs) etc.

5) Department of Athletics www.athletics.uoguelph.ca/ located in the W.F. Mitchell

Athletics Centre. Many students are eligible for dual citizenship, but do not apply for a second passport.

For example, students with a parent born in the United Kingdom can usually obtain a European Community (E.C.) passport and therefore are able to work in the European Community. Given the increasing globalization of business, students need to be aware of these potential opportunities.

29 | P a g e

You may be wondering how to address faculty members when talking to them. You are always "safe" using Professor. Some faculty accept first names, or may prefer the title Doctor. Ask if you are unsure.

When contacting faculty by e-mail:

o be sure to include your full name, student ID number, and a descriptive subject line

o using proper business communication style (with correct punctuation and grammar) will help prepare you for your career in business

30 | P a g e

Summary of the

UNIVERSITY OF GUELPH'S LEARNING OBJECTIVES

1. LITERACY - A fundamental intellectual tool that enables students to think and express

themselves clearly. It is a means of communication, of shaping ideas and of selecting between alternatives.

Level A - The writing of a short expository paper, or oral presentation on a prescribed

topic from a restricted list. Level B - The writing of a paper (or seminar presentation) critical and analytical in its

intent on a student's own topic. This experience requires the student to devise a topic and to frame its boundaries.

Level C - The writing of a paper that analyses or synthesizes; argues from hypothesis;

produces insights for the reader; shows a breadth of understanding in drawing out implications and relationships.

2. NUMERACY - Numeracy is a mode of thinking that results in an ability to comprehend

the significance of quantitative data. It enforces an accuracy and precision in procedure as well as in thought.

3. SENSE OF HISTORICAL DEVELOPMENT - An appreciation of the factors that have

shaped the evolution of a field of study in order to provide the student with a time perspective. The sense of continuing change facilitates the acceptance of intellectual ambiguity or uncertainty. 'We know this much, but there is much we don't know.'

4. GLOBAL UNDERSTANDING - An understanding of how specific cultural, economic,

political and geographic circumstances impact on the student's field of study. 5. MORAL MATURITY - Moral maturity is the ability to apply a body of knowledge to

resolve specific dilemmas. An examination of the moral issues implicit in a course of study develops depth and consistency of judgement as well as an appreciation of the complexities involved.

6. AESTHETIC MATURITY - Aesthetic maturity may be described as a critical response to

some objective and/or involvement in the work of creation itself. By exercising aesthetic maturity, students may appreciate the order, elegance and harmony associated with a field of study.

7. UNDERSTANDING OF FORMS OF INQUIRY - Inquiry is based upon systematic study,

reflection, intuition and creativity. The inquiry process involves the collection and evaluation of relevant data as well as the observation of relationships in order to reach a conclusion. The student may be able to undertake this process independently, and thereby become familiar with the strengths and limitations of different modes of inquiry, such as by those used by scientists, by philosophers, and by historians.

Exhibit 1

31 | P a g e

8. DEPTH & BREADTH OF UNDERSTANDING - Breadth of understanding extends beyond knowledge to include the ability to operate across disciplinary boundaries in a coherent way. It is also characterized by an ability to recognize the implication of information and to put that information into a broader context.

Level A - In introductory courses, students might be shown how sets of facts are related. Level B - Rather than have interrelationships demonstrated to them, students develop

the ability to create their own interrelationships. Students would be expected to integrate knowledge and modes of inquiry so as to generate new understanding.

Level C - At the highest level, the student has the ability to deal with and generate

abstractions. 9. INDEPENDENCE OF THOUGHT - Depth and breadth of understanding depend upon

and contribute to independence of thought. Level A - Students are shown the possibilities of independent thinking by instructors

who challenge orthodoxies. By emulating the faculty member as a role model, students may develop critical thinking and reasoned scepticism to the authority of an expert.

Level B - Students through seminars etc., become actively involved in offering and

defending their own challenges. Level C - At this level, opportunities are provided for self-directed learning with a focus

on being able to ask the right questions rather than always come up with right answers. 10. LOVE OF LEARNING - Love of learning may be reflected in intellectual curiosity; the

ability to ask useful questions and see far reaching implications; the ability to make connections between disparate topics and a passion for the pursuit of knowledge and understanding.

32 | P a g e

SCHEDULE OF COURSES 2014-2015

ACCOUNTING MAJOR

The following pages list the schedule of courses for the following programs. The courses are colour-coded to indicate requirements for the BComm, the accounting major, accounting students pursuing a CPA designation, and electives:

Accounting major

Accounting major with Co-op

Accounting major with the recommended bundled electives

o Accounting + Banking and International Finance o Accounting + Corporate Finance o Accounting + Hospitality and Tourism Management o Accounting + Human Resources o Accounting + Leadership o Accounting + Public Management o Accounting + Real Estate and Housing

CHARTERED PROFESSIONAL ACCOUNTANT (CPA)

Students planning on pursuing a CPA designation are required by the CPA’s to take specific courses within their undergraduate degree. Refer to Page 42 for a list of these courses for University of Guelph students. Students should also remember that they must achieve a grade of at least 60% in each of these courses and an overall average in these courses of at least 65%.

Exhibit 2

33 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 Semester 1 Semester 2 Semester 3 Semester 4

MGMT 1000 Introduction to Business HROB 2100 Managing People in Organizations

ACCT 2230 Management Accounting ACCT 3330 Intermediate Financial Accounting I

ACCT 2240 Applied Financial Accounting

MGMT 3320 Financial Management

ECON 1050 Introductory Microeconomics

ECON 1100 Introductory Macroeconomics

CIS 1200 Introduction to Computing or MCS 2020 Information Management

MCS 3040 Business and Consumer Law

MATH 1030 Business Mathematics MCS 1000 Introductory Marketing STAT 2060 Statistics for Business Decisions

ECON 2560 Introductory Finance

Elective ACCT 2220 Financial Accounting Elective Elective

Semester 5 Semester 6 Semester 7 Semester 8

ACCT 3340 Intermediate Financial Accounting II

ACCT 3230 Intermediate Management Accounting

MGMT 4000 Strategic Management ACCT 4230 Advanced Management Accounting

and

ACCT 4290 Auditing III ACCT 3280 Auditing I FARE 3310 Operations Management ACCT 4220 Advanced Financial

Accounting

ACCT 3350 Income Taxation Elective ACCT 4350 Taxation II or

Elective

ACCT 4340 Accounting Theory or Elective

MCS 2600 Fundamentals of Consumer Behaviour or ECON 2310 Intermediate Microeconomics

Elective ACCT 4270 Auditing II or

Elective

ACCT 4440 Integrated Accounting Cases or

Elective

Elective Elective Elective Elective

Purple = B.Comm. core; Orange = other requirement for B.Comm.; Green = Accounting major requirements; Blue = additional courses for accounting students pursuing a CPA designation; Red = electives; BOLD courses are the preferred selection for CPA Ontario.

34 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 Co-op Semester 1 Semester 2 Semester 3 F Semester 4 W Semester 5 S Semester 6 Fall

MGMT 1000 Introduction to Business

HROB 2100 Managing People in Organizations

ACCT 2230 Management Accounting

ACCT 3330 Intermediate Financial Accounting I

Summer Work Term



FARE 3310 Operations Management

ACCT 3280 Auditing I




Elective ACCT 3350 Income Taxation

MATH 1030 Business Mathematics

MCS 1000 Introductory Marketing

STAT 2060 Statistics for Business Decisions

Elective


Elective ACCT 2220 Financial Accounting

Elective Elective AND

COOP 1000

Elective

Semester 7 Winter Semester 8 Summer Semester 9F Semester 10W Semester 11 F Semester 12 W

Winter Work Term ACCT 3230 Intermediate Management Accounting

Fall Work Term Winter Work Term MGMT 4000 Strategic Management

ACCT 4230 Advanced Management Accounting


ACCT 4220 Advanced Financial Accounting

ACCT 4290 Auditing III


ACCT 4350 Taxation II or Elective


35 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Banking and International Finance Semester 1 Semester 2 Semester 3 Semester 4











Elective ACCT 2220 Financial Accounting ECON 2410 Intermediate Macroeconomics

Elective





and


Accounting

ACCT 3350 Income Taxation ECON 3960 Money, Credit and the Financial System

ACCT 4350 Taxation II or

Elective




Elective


Elective

ECON 3860 International Finance Elective Elective ECON 4660 Financial Markets Risk Management


36 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Corporate Finance Semester 1 Semester 2 Semester 3 Semester 4











Elective ACCT 2220 Financial Accounting Elective Elective





and


Accounting

ACCT 3350 Income Taxation ECON 3660 Economics of Equity Markets

ACCT 4350 Taxation II or

Elective



ECON 3760 Fundamentals of Derivatives

ACCT 4270 Auditing II or

Elective


Elective

Elective Elective Elective ECON 4660 Financial Markets Risk Management


37 | P a g e

38 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Human Resources Semester 1 Semester 2 Semester 3 Semester 4











Elective ACCT 2220 Financial Accounting ECON 2200 Industrial Relations Elective





and


Accounting

ACCT 3350 Income Taxation HROB 3090 Developing Talent ACCT 4350 Taxation II or

Elective


HROB 3010 Managing and Rewarding Performance

HROB 3030 Workplace Health and Safety


Elective


Elective

HROB 3070 Attracting and Acquiring Talent


Elective HROB 4060 Human Resource Planning


39 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Leadership Semester 1 Semester 2 Semester 3 Semester 4











Elective ACCT 2220 Financial Accounting HROB 2010 Foundations of Leadership

PHIL 2600 Business and Professional Ethics





and


Accounting


Elective




Elective


Elective

Elective Elective Elective HROB 4010 Leadership Certificate Capstone


40 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Public Management Semester 1 Semester 2 Semester 3 Semester 4










POLS 2250 Public Administration and Governance

Elective ACCT 2220 Financial Accounting POLS 1400 Issues in Canadian Politics

POLS 2300 Canadian Government and Politics





and


Accounting

ACCT 3350 Income Taxation ECON 2560 Introductory Finance ACCT 4350 Taxation II or

Elective



POLS 3270 Local Government in Ontario


Elective


Elective

POLS 3250 Public Policy: Challenges and Prospects

Elective Elective Elective


41 | P a g e

Accounting@ Guelph

Accounting Major 2014-15 + Real Estate and Housing Semester 1 Semester 2 Semester 3 Semester 4











Elective ACCT 2220 Financial Accounting REAL 1820 Real Estate and Housing REAL 2820 Real Estate Finance





and


Accounting


Elective




Elective


Elective

REAL 4820 Real Estate Appraisal Elective Elective REAL 3890 Property Management


42 | P a g e

43 | P a g e

CONTINUATION OF STUDY REQUIREMENTS

SCHEDULE 1 (Students Entering from High School)

Continuation of Study - Schedule 1

Students will follow Schedule 1 if:

1. they have registered for the first time at the University of Guelph with no previous registration in another college or university; or

2. they are registered at Guelph in the Open Learning Program and taking credit courses; or

3. they have been registered in a program at this University, are eligible to continue study in that program and subsequently transfer to another degree program; or

4. they have transferred from another university or college and have been admitted to Semester 1at Guelph; or

5. they have been required for any reason other than academic performance to withdraw from the program, and subsequently are accepted for readmission to that program; or

6. they have registered at the University of Guelph as an exchange student.

Schedule 1 Regulations

All degree programs, Open Learning and General Studies have established conditions which must be met for continuation of study. Continuation of study within a program is permitted provided the standards of academic performance listed below are met. In some instances, students not meeting the requirements may be allowed to proceed on probation. If these conditions are not met, the student will be required to withdraw from the program for a minimum of two (2) semesters and may apply for readmission after that period of time. The continuation of study regulations at the University of Guelph are based on the principle that students must maintain a minimum average of 60%. To allow for transition issues, some leniency has been built into the minimum average requirement during the first 5.0 credit attempts. The student's cumulative average will be reviewed first. If the student's cumulative average does not meet the minimum required, the student will either be required to withdraw or placed on probation. When a student is placed on probation he/she will be required to obtain a minimum semester average. In subsequent semesters the student will either be required to withdraw, allowed to continue on probation, or be placed back on regular status. Students will be taken off probation once their cumulative average is greater than, or equal to 60%.

Conditions for continuation of study will be applied using the following tables:

Number of Credit Attempts: between 0.25 and 2.50

Students who have attempted between 0.25 and 2.50 credits will be allowed to continue regardless of their cumulative average. Students will be placed on probation if their cumulative average falls below 50%.

Number of Credit Attempts: between 2.75 and 5.00

If Eligible to Continue: Cumulative Average (C) Status of Student C < 50% Required to Withdraw C 50% but C < 60% Probationary C 60% Eligible to Continue If on Probation: Cumulative Average (C) Status of Student Semester Average (S) S < 50% or C < 50% Required to Withdraw S 50% but C < 50% Required to Withdraw S 50% but C < 60% Remain on Probation C 60% Eligible to Continue Number of Credit Attempts: more than 5.00

If Eligible to Continue: Cumulative Average (C) Status of Student C< 50% Required to Withdraw C 50% but C< 60% Probation C 60% Eligible to Continue If on Probation: Cumulative Average (C) Status of Student Semester Average (S) S < 60% Required to Withdraw S 60% but C< 60% Probation C 60% Eligible to Continue

Exhibit 3

44 | P a g e

NOTE: Alternative course evaluations will NOT be included in the Continuation of Study calculations

[Pass (P), Outstanding Pass (O), Fail (F), Credit Standing (CRD), or Withdraw with Failure (WF)]. Courses taken on Letter of Permission will also NOT be included in the calculations.

Source: 2007-08 Undergraduate Calendar, Click on ‘VIII- Undergraduate Degree Regulations and

Procedures’, then ‘Continuation of Study’ www.uoguelph.ca/registrar/calendars/undergraduate/2014-2015/c08/c08-contstudy.shtml

45 | P a g e

CONTINUATION OF STUDY REQUIREMENTS

SCHEDULE 2 (Transfer Students)

NOTE: Alternative course evaluations will NOT be included in the Continuation of Study calculations [Pass (P), Outstanding Pass (O), Fail (F), Credit Standing (CRD), or Withdraw with Failure (WF)]. Courses taken on Letter of Permission will also NOT be included in the calculations.

Source: 2007-08 Undergraduate Calendar, Click on ‘VIII- Undergraduate Degree Regulations and

Procedures’, then ‘Continuation of Study’ (http://www.uoguelph.ca/registrar/calendars/undergraduate/current/c08/c08-contstudy-sched2.shtml )

***Please note that these are guidelines, and in order to verify that there have not been any changes

made to the above policies, you should visit the University of Guelph website.

Continuation of Study - Schedule 2

Normally students who transfer from another university or college will be required to follow Schedule 2. Students who are readmitted to this University, but whose prior record renders them ineligible to proceed under Schedule 1 will also be required to follow Schedule 2. Schedule 2 Regulations

Continuation of study is permitted provided the student meets the conditions outlined below. In some instances, students not meeting the requirements may be allowed to proceed on probation. If these conditions are not met, the student will be required to withdraw from the program for a minimum of two semesters and may apply for readmission after that time. The continuation of study regulations are based on the principle that students must be maintaining a 60% average. The details of the continuation of study model follow. The student's cumulative average will be reviewed first. If it does not meet the required level, the student will be required to withdraw or placed on probation. Students who are placed on probation will be required to obtain a given semester average in subsequent semesters. As a result of this review, the student will either be required to withdraw, remain on probation, or be placed back on regular status. Students will be taken off probation once their cumulative average rises above 60%. Continuation of Study is assessed each semester. Students whose cumulative average falls below 60% will be placed on probation for one semester, and then assessed based on their semester average.

If Eligible to Continue: Cumulative Average (C) Status of Student C< 50% Required to Withdraw C 50% but C< 60% Probation C 60% Eligible to Continue If on Probation: Cumulative Average (C) Status of Student Semester Average (S) S < 60% Required to Withdraw S 60% but C < 60% Continue on Probation C 60% Eligible to Continue

Exhibit 4

Exhibit 5

Course Waiver Request

47 | P a g e

Documents

2014 2015 ACCOUNTING UNDERGRADUATE STUDENT HANDBOOK · Welcome to the Department of Management (DOM) and congratulations on joining our Accounting major! You are joining the University