Loyalist College Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

ACCT 1000
ACCT 1002 

Financial Accounting 1 
Financial Accounting 2

Micro and Macro Economics (EM1) 

ECON 2002 

Economics 
 

Business Law (LW1) 

LAWS 1000

Business Law 

Financial Accounting: Assets (FA2) 

ACCT 2001
ACCT 2004 

Intermediate Accounting 1 
Intermediate Accounting 2

Business Quantitative Analysis (QU1) 

MATH 2009

Statistics

Management Accounting Fundamentals (MA1) 

ACCT 1001
ACCT 2002

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 SOMS 1002 or SOMS 1010.  

Financial Accounting: Liabilities and Equities (FA3) 

ACCT 2004
ACCT 3002

Intermediate Accounting 2
Advanced Accounting 1 

Corporate Finance Fundamentals (FN1) 

ACCT 2003
ACCT 3001

Financial Management 1
Financial Management 2

Managing Information Systems (MS1) 

ACCT 3007

Accounting Information Systems

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

*Advanced Management Accounting (MA2) 

ACCT 2005
ACCT 3003 

Advanced Management Accounting 1
Advanced Management Accounting 1

*Personal and Corporate Tax (TX1)

ACCT 3000
ACCT 3004

A grade of “B” or 70% is required in each of the equivalent courses in order to obtain a transfer credit. 
*Challenge Examination 

For more information, please contact Karen Baker by phone at (613) 969 1913 ext. 2343, or by email at kbaker@loyalistc.on.ca. 

Transfer credit policies are subject to change without notice.   

Updated as of July 2011.