Accounting Major

Mentors: Julia Scott and Larry Goldsman

Accounting is a 30 credit major. 

About Accounting

Accounting is about more than understanding and interpreting the financial information of an organization. A background in accounting will give you the management skills you need to succeed in today’s complex business environment. It can lead you into the fields of finance, strategy, taxation, audit, and many others. The four main fields of study in accounting are: Financial accounting – providing information to external party users; Managerial accounting –providing information to managers to making successful operating decisions; Auditing – attesting to the fairness of information prepared by the company and Taxation.

About the Major in Accounting

The Major in Accounting gives students a solid background in all four areas of accounting and can be used as preparation to enter a graduate Professional Education Program for students who want to pursue a CPA (Chartered Professional Accounting) designation.


Accounting Major (30 credits)

Required Courses (18 credits)

  • ACCT 351 Intermediate Financial Acct 1 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 352 Intermediate Financial Acct 2 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 361 Management Accounting 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 362 Cost Accounting 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 385 Principles of Taxation 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 455 Dev of Accounting Thought 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

Complementary Courses (12 credits)

  • ACCT 354 Financial Statement Analysis 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 401 Sustainability & Environ Acct 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 434 Topics in Accounting 1 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 452 Financial Reporting Valuation 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 453 Advanced Financial Accounting 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 454 Financial Reporting 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 463 Management Control 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 471 Non-Profit Accounting 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 475 Principles of Auditing 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 476 Internal Auditing 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 477 External Auditing 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer

  • ACCT 486 Business Taxation 2 3 Credits
      Offered in the:
    • Fall
    • Winter
    • Summer


Careers in Accounting

Students who obtain a professional accounting designation like the Canadian CPA open the door to many exciting career opportunities in a variety of fields and organizations. CPAs and accounting majors can choose from careers in companies large or small, non-profit organizations, governments, or education. Be involved in the day-to-day decision making (controller) or take a leadership role (treasurer, CEO). Stay in the area of accounting or auditing, or use your skills to work in finance, strategy, governance or entrepreneurship.

CPA Ontario – Why become a CPA?

CPA Canada – What Do CPA’s Do 

Students doing an Accounting Major usually pursue a professional accounting designation (CPA). Information for professional accounting orders is available at:

GCPA (Graduate level programs) are available at McGill from the following: