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Professional Associations

Canadian Institute of Bookkeeping

Conestoga College, in cooperation with the Canadian Institute of Bookkeeping, offers a program leading to a career as a professional bookkeeper. CIB is a national, nonprofit organization dedicated to preparing men and women for greater financial and job security as a Certified Bookkeeper. The program is comprised of nine courses that include both theory and computer application.

Practical experience is required before qualifying for certification. Upon completion of the program, students will be governed by a Code of Ethics which sets out professional responsibilities and conduct. A grade of 65% is required. Certain courses may be subject to a time limit for registration.

Note: Students who have taken courses that were previously listed as equivalencies will still receive credit even though the courses are no longer offered, provided they are registered with CIB within the time limit.

For a list of accepted Conestoga courses refer to the Course Equivalencies chart below or visit the website for the Certified Institute of Bookkeeping.

For more information, please contact:
Canadian Institute of Bookkeeping
PO Box 963, 31 Adelaide St.E.
Toronto, Ontario M5C 2K3
Phone: 416-925-9420
Fax: 416-929-8815
Email: info@cibcb.com
Web site: www.cibcb.com

Canadian Institute of Bookkeeping
Course Equivalencies
CIB Code Code Course Title Online Code Online Course Title
Level One
CIB111 COMP1056
OR
COMP1917
AND
COMP1923
Business Computing Applications 1
OR
Word Processing for Business
AND
Spreadsheets for Business
OLRN1087 Computer Applications for Business 1
CIB112 ACCT1030 Intro Financial Accounting 1 OLRN1715 Accounting Basics 1
CIB113 ACCT1040 Intro Financial Accounting 2 OLRN1725 Accounting Basics 2
Level Two
CIB221 COMP1003
OR
ACCT1340
Business Computing Applications 2
OR
Accounting Projects
OLRN1293
AND
OLRN1303
Excel Core
AND
Excel Expert
CIB222 ACCT2225 Accounting Applications 1 OLRN1319 Computerized Accounting
CIB223 ACCT2225 Accounting Applications 1 ACCT1080 QuickBooks Level 1
Level Three
CIB 331 ACCT1135 Introductory Cost Accounting ACCT1350
AND
ACCT1360
Cost & Managerial Accounting 1
AND
Cost & Managerial Accounting 2
CIB332 ACCT1520 Personal Tax Returns OLRN2280 Taxation 1
CIB333 ACCT1110 Intro to Payroll Administration OLRN1051 Payroll Administration

Click on the course code or title below for a full description of the course. If available for registration, clicking on "Details" in the status column will open a new browser tab or window in the Student Portal.

Courses
Course # Courses Status
ACCT1030 Introductory Financial Accounting I
Description: This course introduces accounting terminology, the accounting equation, the double-entry system of bookkeeping, the accrual basis of accounting, financial statements, and the ledgers and journals making up a basic accounting system.
Hours: 42
Credits: 3
Pre-Requisites:
CoRequisites:
Details
ACCT1080 Quickbooks Level I
Description: This course is an introduction to QuickBooks 2016. Over the course of 6 modules, you will learn the how to make General Journal entries, enter payroll transactions; as well as enter Accounts Receivable and Accounts Payable transactions and inventory transactions. We will also look at various reports used to analyze a business's financial activity.
Hours: 42
Credits: 3
Pre-Requisites:
CoRequisites:
Details
ACCT1110 Introduction To Payroll Administration
Description: Recommended: ACCT1030 Introductory Financial Accounting I or equivalent knowledge. Teaching the skills to process payroll for employees, this course teaches students various government forms associated with payroll deduction and reporting. Students will also make payroll calculations. Payroll legislation associated will also be covered.
Hours: 36
Credits: 3
Pre-Requisites:
CoRequisites:
Details
ACCT1350 Cost and Managerial Accounting I
Description: This course introduces managerial accounting concepts and terminology including the elements of a job costing system, the application of cost-volume-profit analysis and the application of job order costing, process costing and activity based costing.
Hours: 48
Credits: 3
Pre-Requisites: ACCT1030 or OLRN1315 or OLRN1715
CoRequisites:
Details
COMP1003 Data Analysis and Advanced Functions
Description: During this course the student will learn and apply more advanced features of spreadsheet applications in order to develop comprehensive solutions to business problems; and utilize advanced database functions and business intelligence tools of a spreadsheet to enable an executive to make comprehensive and informed decisions.
Hours: 42
Credits: 3
Pre-Requisites: COMP1056 or COMP1923
CoRequisites:
Details
COMP1056 Business Computing Applications I
Description: During this course, the student will learn to effectively use Windows operating system, apply word processing techniques, create basic business presentations, and explore the power of spreadsheets . Students will also learn the skills necessary to operate effectively within the Conestoga College computing environment. An emphasis will be placed on the development of solutions to business problems using commonly available microcomputer tools.
Hours: 42
Credits: 3
Pre-Requisites:
CoRequisites:
Details
COMP1917 Word Processing for Business
Description: During this course, the student will learn to effectively use the Windows operating system and develop the skills necessary to operate effectively within the Conestoga College computing environment. Students will apply word processing techniques to create business-related documents and create a basic business presentation. An emphasis will be placed on the creation of documents commonly found in an office environment.
Hours: 21
Credits: 2
Pre-Requisites:
CoRequisites:
Details
COMP1923 Spreadsheets for Business
Description: During this course, the student will learn to effectively use the Windows operating system and develop the skills necessary to operate effectively within the Conestoga College computing environment. Students will explore the power of spreadsheets to produce an assortment of formatted business worksheets. An emphasis will be placed on the creation of functions and formulas to produce data for analyses and to display the results graphically with charts.
Hours: 21
Credits: 2
Pre-Requisites:
CoRequisites:
Details
OLRN1051 Payroll Administration
Description: Students will examine the following topics: maintaining payroll records, salaried, hourly; commission and contract workers; taxable benefits, statutory and other deductions; preparation of payroll journal entries; preparation of Record of Employment; preparation of T4's and T4 Summary; Workers' Compensation; Employment Standards; and Computerized Payroll.
Hours: 42
Credits: 3
Pre-Requisites: ACCT1030 or OLRN1715
CoRequisites:
Details
OLRN1087 Computer Applications for Business I
Description: This is a hands-on computer applications course that provides students with the intermediate and advanced word processing skills to produce professional business documents efficiently. Students will also develop expertise in electronic presentation software and spreadsheet applications in order to meet the demands of today's business industry. It is recommended that students have previous computer and internet experience.
Hours: 42
Credits: 3
Pre-Requisites:
CoRequisites:
Details
OLRN1293 Excel
Description: Recommended: Familiarity with MS Office products including MS Outlook

Learn to use MS Excel for Windows to create and format spreadsheets in order to analyze data and make more informed business decisions. You will discover how to; create, edit, format and print workbooks; use mathematical formulas and functions; create and format charts and shapes; insert images; cut, copy and paste data.
Hours: 42
Credits: 3
Pre-Requisites:
CoRequisites:
Details
OLRN1319 Computerized Accounting
Description: This course introduces student to a multi-module accounting software program designed for small to medium-sized buisnesses. Students will use the software and their knowledge of Generally Accepted Accounting Principles (GAAP) to create and maintain accounting records, including period end procedures and the creation of financial statemnets for sole proprietorship. This course uses Sage 50.
Hours: 42
Credits: 3
Pre-Requisites: OLRN1715
CoRequisites:
Details
OLRN1715 Accounting Basics I
Description: Introduces the student to how accounting information is used by, and meets the needs of both internal and external users through effective and efficient communication as well as what accounting information is required by a business concern to reflect clearly the operating results of the enterprise over its operating life. Students will also be introduced to generally accepted accounting principles,the interpretation and preparation of financial statements and how this information is recorded in the various business records.
Hours: 45
Credits: 3
Pre-Requisites:
CoRequisites:
Details
OLRN1725 Accounting Basics II
Description: In this second of the two introductory accounting courses, students will expand their understanding of accounting principles and concepts while covering specific topics including: capital assets, corporations' shareholders' equity, and bonds payable. Preparation of the Statements of Retained Earnings and Cash flows will also be covered. Finally, the students will expand their understanding of the role of financial statement users by studying financial statement analysis.
Hours: 45
Credits: 3
Pre-Requisites: OLRN1715
CoRequisites:
Details
OLRN2280 Taxation I
Description: This is an introductory course to federal income tax in a Canadian setting. Students will gain an understanding of the underlying objectives and principles of income taxation. Topics include employment income, business income, income from property, investment income and capital gains. Personal tax returns for individuals will be completed both manually and using a tax preparation software program.
Hours: 45
Credits: 3
Pre-Requisites: ACCT1030 or OLRN1715, ACCT1040 or OLRN1725
CoRequisites:
Details
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