Accounting
Please note: As of Winter 2022, students, faculty and staff have returned to campus. The majority of classes are now being offered in person. Classes are expected to continue being offered in person for the following semesters in the Spring and Fall of 2022. It is a requirement for students to attend classes in the format they are offered in. Update on the Fall 2022 semester
The Professional Master’s Diploma (PMDiploma) in Accounting is designed to enable TRSM Accounting graduates to advance their professional careers and work towards the Chartered Professional Accountant (CPA) designation.
This PMDiploma consists of four 12-week courses and a capstone course delivered in two six-week modules. The diploma will offer courses covering Taxation, Auditing and Assurance, Financial and Management Accounting, Performance Management and Financial Analysis.
This master’s diploma in Accounting is accredited by CPA Ontario and will allow students to fulfil the Core and Elective* components of CPA Professional Education Program (PEP). Upon successful completion of the program, students can move directly to the CPA PEP Capstone modules and, ultimately, write the National Common Final Examination (CFE).
Upon completion of the PMDiploma in the winter semester (January-April), students will be able to transition directly to the CPA Capstone Module 1, currently offered only in May of each year. Then, students will take CPA Capstone Module 2 in the summer, and write the CFE in the early fall. This progression offers the most direct route to the CFE upon graduation.
The program will employ active learning, guest speakers and extensive use of case studies, discussions and projects consistent with graduate education in Accounting.
What You'll Learn
Courses
The curriculum of the diploma consists of the following graduate level courses:
This course is grounded in Financial Accounting and Financial Reporting processes. It covers both routine and non-routine transactions and disclosures, at the highest level expected in the CPA competency map.
Credit(s): 1 Credit
Term Offered: Winter 2023, Spring 2023
This course will deepen students’ knowledge and skills developed in prior courses by focusing on how professional accountants deal with assurance, accounting, tax and other management issues in practical situations.
Credit(s): 1 Credit
Term Offered: Winter 2023, Spring 2023
Using an ongoing immersive case, students will further their abilities to use key management analytical tools to identify, analyze and make recommendations on challenging issues identified in an organization.
Credit(s): 1 Credit
Term Offered: Winter 2023, Spring 2023
This course begins with a review of financial statement analysis before exploring the major valuation methodologies used today. Market-based, income-based and adjusted-net-value approaches will be covered.
Credit(s): 1 Credit
Term Offered: Winter 2023, Spring 2023
This course will further develop the tax knowledge and identification of tax-issue skills through the use of complex cases to simulate real-world experience. Additionally, it will focus on developing the skills to approach a multi-subject case. Emphasis in the cases will be on identifying the stated and implied issues, analyzing each issue and making sound ethical recommendations, while considering the impacts on all stakeholders.
Credit(s): 1 Credit
Term Offered: Winter 2023, Spring 2023
Note to students pursuing the CPA Designation: You are encouraged to visit the CPA Ontario website, external link to see CPA National Recognition and Accreditation Standards for Post-Secondary Institutions.
Credential: Professional Master's Diploma
Program Type: Graduate (Full-time)*
Program Length: 5 courses, 4 months
* The PMDiploma Accounting is only open to graduates from the four-year Bachelor of Commerce degree from Ted Rogers School of Management, Toronto Metropolitan University in the School of Accounting and Finance, Accounting major or Business Management, Accounting major.
Application deadlines
Winter 2023
- Next start term: Winter 2023 (Jan - Apr)
- Application deadline: November 14, 2022
- Application portal opens: June 1, 2022
Spring 2023
- Start term: Spring 2023 (May - Aug)
- Application deadline: March 13, 2023
- Application portal opens: TBD
Admission Information
- Bachelor’s Degree: Completion of a four-year Bachelor of Commerce degree from Ted Rogers School of Management, Toronto Metropolitan University in the School of Accounting and Finance, Accounting major or Business Management, Accounting major.
- Minimum B Average: A minimum of 3.00/4.33 grade point average or equivalent of B (73% or above) average in the last two years of university study (including post-graduate university programs).
Completion of the 14 specific courses required to qualify for entrance into the CPA Professional Education Program (CPA PEP) with grades meeting the CPA's overall GPA and minimum grade requirements, as listed on the CPA Ontario website., external link, opens in new window
Final Deadlines for Domestic Applicants
November 14, 2022
Application Deadline for
Winter (Jan - Apr) 2023 Start
The application portal for Winter 2023 opens June 1, 2022.
Please note ALL documents must be submitted by the deadline in order for your application to be considered.
PMDiploma Accounting is closed to International applicants (study permit, student visa, or currently residing outside of Canada and not a Canadian Citizen or Permanent Resident). An exemption may be made for international applicants who already have a valid study permit and are already in the country.
The application portal for Winter 2023 opens June 1. The application portal open date for Spring 2023 (TBD).
At Toronto Metropolitan University, all graduate applications are submitted online. Submitting a complete application package is a two-part process. You can read details about the process on our graduate studies site.
- Submit your application through OUAC using the "Apply Now" button below (using the external application link in step 2) and pay the $110 non-refundable application fee
- Upload your documents, include all post-secondary transcripts and your OUAC application form with your application.
The system is easy-to-use and saves you time. The online system is mandatory; paper applications mailed to the Graduate Admissions and Recruitment Office will not be accepted.
Please check the external Yeates School of Graduate Studies page for updated google sheetdomestic tuition fees, external link, opens in new window.
Note: One course equals one program unit, and you need five (5) courses to complete the program.
Participants may be registered in only one Graduate program at any one time.