Accounting Major Overview

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Students who are thinking about majoring in accounting should consider the following questions:

  • How can people or organizations save thousands of dollars in taxes? 
  • How can you ensure financial reports are accurate?
  • Aside from just monetary rewards, what are effective ways to motivate employees?
  • How can organizations improve their sustainability in terms of profit, planet, and people? 

These are some of the common topics accountants focus on. 

Accounting is the art of measuring, communicating, and interpreting financial activity, and is sometimes referred to as "the language of business." It involves interacting with numbers and people to determine the financial health of an organization.

The Accounting major is designed to provide students with the general, business and accounting knowledge necessary for them to succeed as professional accountants. Since accounting is a dynamic field, all accounting majors will learn how to keep their knowledge up-to-date so they can continue to grow throughout their professional careers.

Accounting majors will also acquire the communication, computer and interpersonal skills necessary to successfully resolve complex problems in unstructured settings. Accounting majors also benefit from participation in activities such as the Volunteer Tax Program where fourth year accounting students volunteer their time to prepare tax returns for seniors and people with disabilities.

The accounting major requires 33 credit units with all 11 being required major courses (33 credit units). In addition to core and accounting major requirements, students who plan to pursue a CPA (Chartered Professional Accountant) designation are strongly encouraged to take COMM 304.3 Introduction to Business Law and COMM 363.3 – Intermediate Corporate Finance courses as electives, as they are requirements from CPA Canada.

To view the required courses visit the USask programs page

 

Featured Classes

COMM 407 - Individual & Corporate Taxes Payable & Tax Planning 

Exposes students to the technical provisions of the Income Tax Act, with continued emphasis on learning to read the legislation with understanding. In particular, the course examines the determination of taxable income and taxes payable for individuals and corporations, the application of the provisions of the Act to various business situations and reorganizations, as well as tax planning issues related to these topics. Students are given the opportunity to further develop their tax research skills.

View past syllabi

COMM 414 - Individual & Corporate Taxes Payable & Tax Planning 

This course is a capstone in the accounting major. Through a variety of cases and experiential instructional resources, students will study topics in financial and managerial accounting, information systems, audit and taxation in an integrated and applied manner. Students will develop their analytical, problem-solving and communication skills and prepare for entry into the professional accounting education program following the completion of the major.

View past syllabi

Careers in Accounting

Career Opportunities

Most students who major in accounting choose to pursue a professional accounting designation after completing a B.Comm. degree. The accounting profession in Canada has united under the single banner of Chartered Professional Accountant – CPA. The new professional program is called the CPA-PEP and it leads to the CPA designation.

Students have the option of applying to the Edwards MPAcc program or to the CPA Professional Education Program (PEP) to complete the requirements of the CPA designation.

Students on their co-op placement and recent graduates have held positions like: 

  • Accountant
  • Assurance Associate
  • Auditor
  • Budget Analyst
  • Investment Analyst
  • Taxation Specialist
     

Professional Organizations 

Looking to gain mentorship and add to your educational experience? Connect with a professional organization in accounting like: