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Toronto Metropolitan University will be closed from the end of the day on December 20, 2024 to January 5, 2025 (inclusive). Program staff will respond to inquiries upon their return on January 6.

During the closure, applicants who have started their application process can continue uploading documents. New applicants can complete the first part of their application (external link, opens in new window)  but will only receive an email with follow-up instructions to upload their documents until the university reopens in January.

Accounting

Professional Master's Diploma in Accounting
Program Overview

The Professional Master’s Diploma (PMDiploma) in Accounting is designed to enable individuals to advance their professional careers and work towards the Chartered Professional Accountant (CPA) designation.

This Program consists of five courses, including a capstone course all spanning a period of 12-weeks, with a mid-term break. The diploma will offer courses covering Taxation, Auditing and Assurance, Financial and Management Accounting, Performance Management and Financial Analysis.

The program will employ active learning, guest speakers and extensive use of case studies, discussions and projects consistent with graduate education in Accounting.

CPA Accredited

This master’s diploma in Accounting is accredited by CPA Ontario and will allow students to fulfil the Common Modules (Core 1 & 2) and Elective Modules (Assurance, Performance Management, Tax and Finance)* of the 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 Common Final Examination (CFE).

Upon completion of the PMDiploma, students will be able to transition directly to the CPA Capstone Module 1. Then, students will take CPA Capstone Module 2, and write the CFE. This progression offers the most direct route to the CFE upon graduation.

Visit the CPA Ontario website (external link)  for information on CPA PEP Schedules.

Chartered Professional Accountant (CPA) Accredited

What You'll Learn

Accounting Study Plan - Accounting BComm - 2 Core, 2 Electives, and 2 Capstone courses, and one common examination

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 2025, Spring 2025

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 2025, Spring 2025

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 2025, Spring 2025

This course is designed to help students develop the competencies expected in advanced finance topics. The course begins with a review of financial statement analysis and planning before exploring other key finance topics including treasury management, capital budgeting, valuation methodologies, financial risk management, and corporate finance transactions. It involves in-depth case analysis and cross-competency integration.

Credit(s): 1 Credit 

Term Offered:  Winter 2025, Spring 2025

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 2025, Spring 2025

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 (Part-time)

Program Length: 5 courses, 4 months  

Application deadlines

Winter 2025

  • Next start term: Winter 2025 (Jan - Apr)
  • First Round Deadline: September 23, 2024
  • Final Deadline: November 15, 2024
  • The application portal is closed. 

Spring 2025

  • Start term: Spring 2025 (May - Aug)
  • First Round Deadline: November 25, 2024
  • Final Deadline: February 17, 2025
  • The application portal is open.  

Tuition Information

Please check the external Yeates School of Graduate and Postdoctoral Studies page for updated domestic tuition fees.

The domestic fees for this program are approximately: $9621

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.