Centennial College Strategic Management – Accounting Program Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

ACCT 112
ACCT 221 

Financial Accounting 1 
Financial Accounting 2

Micro and Macro Economics (EM1) 

ECON 104
ECON 103 

Microeconomics 
Macroeconomics

Business Law (LW1) 

BUSN 331

Business Law 

Financial Accounting: Assets (FA2) 

ACCT 256
ACCT 265 

Intermediate Accounting 1 
Intermediate Accounting 2

Business Quantitative Analysis (QU1) 

BUSN 225
BUSN 335

Quantitative Methods 1
Quantitative Methods 2

Management Accounting Fundamentals (MA1) 

ACCT 222
ACCT 322

Management Accounting 1
Management Accounting 2

Business Communication (CM1) 

Two half-credit courses required. Any two of the following: business communications, effective writing or an English course such as COMM 170, BUSN 333, COMM 171, COMM 253, etc.  

Financial Accounting: Liabilities and Equities (FA3) 

ACCT 265
ACCT 355

Intermediate Accounting 2
Intermediate Accounting 3 

Corporate Finance Fundamentals (FN1) 

ACCT 224
ACCT 334 

Corporate Finance 1
Corporate Finance 2

Managing Information Systems (MS1) 

ACCT 257
ACCT 357

Accounting Information Systems 1
Accounting Information Systems 2

Accounting Business Case (BC1) 

To be eligible for a transfer credit in BC1, you must obtain transfer credits in FA1, FA2, FA3, CM1, MA1, MS1, FN1 and have a business degree or diploma. All requirements must be completed prior to enrolment in the CGA program.  

Advanced

Personal and Corporate Taxation (TX1)

ACCT 226
ACCT 746

Taxation 1
Taxation II

External Auditing (AU1) 

ACCT 331 -
Auditing 1
and 
ACCT 742 -
Auditing 2

or

ACCT 731 -
Auditing 1
and
ACCT 742 -
Auditing 2

Auditing 1

and

Auditing 2

or

Auditing 1

and

Auditing 2

Advanced Management Accounting (MA2)

ACCT 722

Advanced Managerial Accounting

Accounting Theory & Contemporary Issues (AT1)

ACCT 725

Accounting Theory and Policy

Financial Accounting: Consolidations & Advanced Issues (FA4)

ACCT 755

Advanced Financial Accounting

A grade of “B” is required in each of the equivalent foundation study courses in order to obtain a transfer credit.
A grade of “C+” is required in each of the equivalent advanced study courses in order to obtain a transfer credit. 

For more information, please contact Sharon Edwards in the Strategic Management Accounting Program by phone at (416) 289-5000 ext. 2286.

Transfer credit policies are subject to change without notice.   

Updated as of December 2012.