To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.
The purpose of this course is to prepare students to give reliable advice to individual and corporate clients on tax compliance and tax planning issues. To be able to do this, the student must learn the basic tax rules that govern personal and business transactions, and how to do research in the Income Tax Act and other authoritative sources in order to verify the accuracy of their advice. The topics covered will expose the student to these basic rules, as they apply to individuals, corporations, and trusts, and will train the student to find and interpret these rules in the Income Tax Act and other authoritative sources. The coverage of topics will be aimed to achieve competence at a level that will enable students to demonstrate knowledge, analyze problems, and draw logical conclusions in routine situations that have low to moderate complexity. This course qualifies as a prerequisite for entrance into the Chartered Professional Accountants (CPA) Professional Education Program (PEP).
ACCG 5110 Financial Accounting or FMGT 1100/1105 Introductory Accounting 1 (with final grade of 60% or greater) and FMGT 2100/2105 Introductory Accounting 2 (with a final grade of 60% or greater).
This course isn't currently offered through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.
Upon successful completion, the student will be able to:
Research and interpret applicable tax rules in the Income Tax Act and other authoritative sources.
Identify tax compliance issues and recommend appropriate courses of action
Outline appropriate tax treatment for employment, business, property and other income as well as capital gains and losses
Recommend tax planning strategies appropriate to individual and corporate taxpayers
Calculate individual and corporate net income for tax purposes, taxable income, and taxes payable.
Assess GST/HST compliance for both individuals and corporations
Effective as of Winter 2017
ACCG 6410 is offered as a part of the following programs: