About Professional Accounting in Sheridan College (Ontario)

Get your CPA preparatory courses with Sheridan

This program gives you a clear pathway to becoming a Chartered Professional Accountant (CPA). Once you’ve successfully completed this program, you can apply to CPA’s Professional Education Program (PEP) — the final step before you write your Common Final Exam (CFE). Even if you don’t have an accounting background, you’ll soon be on your way to becoming a CPA.

How do I become a Chartered Professional Accountant?

To become a Chartered Professional Accountant, you need to:

• complete an eligible 120-credit-hour degree,
• complete CPA’s preparatory courses or equivalent (such as Sheridan’s Graduate Certificate in Professional Accounting),
• complete CPA’s Professional Education Program (PEP),
• write the Common Final Exam (CFE), and
• meet CPA’s work experience requirements.

By taking Sheridan’s Professional Accounting program, you’ll complete the required preparatory courses and be ready to move on to the Professional Education Program.

Learning Outcomes

• Integrate ethical and socially responsible decision-making processes into all aspects of the accounting profession.
• Apply recognized accounting principles to the systematic recording of transactions relating to assets, liabilities, equity, revenue, and expenses for sole proprietorships, partnerships and corporations.
• Prepare accurate and relevant transactions, business reports including financial statements, and operating budgets to meet international accounting standards for partnerships and corporations.
• Analyze financial and managerial accounting information to assist in effective management decision-making.
• Formulate accurate and timely financial information using business applications software and information systems.
• Evaluate various product and service costing methods appropriate to specific business situations.
• Utilize statistical techniques effectively in the analysis of financial information.
• Calculate and apply appropriate corporate finance measures to common financial and accounting management situations.
• Recommend appropriate accounting and financial reporting information system structure, planning and usage as they relate to their role in a business.
• Determine appropriate accounting practices to reduce legal risk within a business situation.

Career Opportunities

Chartered Professional Accountants work in a variety of career areas.

Here are some jobs you might find:

• Chief Financial Officer
• Chief Information Officer
• Chief Executive Officer
• Taxation Specialist
• External Auditor
• Management Accountant
• Financial Accountant
• Comptroller
• Senior Analyst
• Investment Banker
• Compliance Officer
• Forensic Accountant

Academic qualification equivalents

• Postsecondary diploma or a degree or 2–3 year diploma (media-related is desired)

English language requirements (one of the below):

• IELTS       :    6.5 – Overall Band Score with no Band below 6.0
• TOEFL      :    88 (21L,W,S,R) iBT (Internet-based TOEFL) or 570 Paper-based
• PTE           :    60 – Overall Minimum Score (57L,W,S,R)

Sheridan College (Ontario) Highlights

Sheridan College (Ontario) The Average Tuition Fees And Other Expenses

Though the cost of attendance for a student studying at Sheridan College would vary as per standard of living and choices of an individual, however, the estimated average cost for an academic year is tabulated below: