Taxation 1 ACCT-226

Course Code ACCT-226
Course Name Taxation 1
Category Accounting
Description Taxation 1 will offer you a basic understanding of the Income Tax Act and regulations used to determine Income Tax Liability as it applies mainly to individuals.

In the in-class course, you will be involved in lectures and interactive class discussions. You will also complete assignments, term tests, quizzes and a final exam, which will cover all of the semester's materials.

You will learn how to prepare a simple tax return for individual residents of Canada, and to use the knowledge you gain to solve problems relating to the taxation of individual resident and non-residents of Canada. A real-life simulation will see you complete both a manual and computer-generated tax return using recognized software to ensure you are comfortable and confident with the task.

As a result of Taxation 1, you will be able to demonstrate the ability to:

•Determine who is liable for taxation in Canada;
•Identify different sources of income and how they are taxed in the hands of an individual;
•Prepare an income tax return manually for an individual resident of Canada;
•Identify the administrative and enforcement policies of Canada Revenue Agency;
•Identify taxation issues and sources for research.
Notes Prerequisite: Financial Accounting 1 ACCT-112 or permission of the department.
Required course for the two year diploma and the following outside certification: CIB

This course is offered in both CE and Distance Learning formats.
For further information regarding Distance Learning, visit http://www.centennialcollege.ca/programs-courses/distance-learning/or email distancelearning@centennialcollege.ca.

Contact Telephone 416-289-5207
Contact E-mail ce@centennialcollege.ca
Associated Certificates
Register Online https://secure.centennialcollege.ca/webreg
Section Cost Semester Start Date End Date Meeting Times Campus
415 $510.67 Fall 2017 2017-09-12 2017-12-19
Times Days
No times defined -
Distance Online
801 $431.67 Fall 2017 2017-09-13 2017-12-13
Times Days
06:30 PM to 09:30 PM W
Progress Campus
418 $510.67 Fall 2017 2017-11-01 2018-02-07
Times Days
No times defined -
Distance Online
425 $510.67 Winter 2018 2018-01-16 2018-04-24
Times Days
No times defined -
Distance Online
821 $431.67 Winter 2018 2018-01-16 2018-04-17
Times Days
06:30 PM to 09:30 PM T
Progress Campus
427 $510.67 Winter 2018 2018-03-01 2018-06-07
Times Days
No times defined -
Distance Online
841 $431.67 Summer 2018 2018-05-15 2018-08-14
Times Days
06:30 PM to 09:30 PM T
Progress Campus
435 $510.67 Summer 2018 2018-05-15 2018-08-21
Times Days
No times defined -
Distance Online
438 $510.67 Summer 2018 2018-06-01 2018-09-07
Times Days
No times defined -
Distance Online
439 $510.67 Summer 2018 2018-07-03 2018-10-09
Times Days
No times defined -
Distance Online
440 $510.67 Summer 2018 2018-08-01 2018-11-07
Times Days
No times defined -
Distance Online
Legend for Days
M - Monday T - Tuesday W - Wednesday R - Thursday F - Friday S - Saturday U - Sunday
TBA - To Be Announced