Seneca College BABIA Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

BAB 140 

Introduction to Financial Accounting 

Micro and Macro Economics (EM1) 

LSP 240
LSP 340

Microeconomics - Theory and Practice 
Macroeconomics - Theory and Practice

Business Law (LW1) 

BAB 230

Introduction to Business Law 

Financial Accounting: Assets (FA2) 

IAF 310

Intermediate Financial Accounting 1 

Business Quantitative Analysis (QU1) 

BAB 210
IAF 550

Business Statistics
Quantitative Methods for Decision Making

Management Accounting Fundamentals (MA1) 

BAB 240
IAF 530 

Management Accounting
Management Accounting - Intermediate

Business Communication (CM1) 

Two half-credit courses required. Any two of the following: business communications, effective writing or an English course such as EAC 150, EAC 349, EAC 394, PRA 120, PRA 330, ENG 106 or ENG 205.  

Financial Accounting: Liabilities and Equities (FA3) 

IAF 410

Intermediate Accounting 2

Corporate Finance Fundamentals (FN1) 

BAB 110
IAF 330 

Financial Mathematics
Finance

Managing Information Systems (MS1) 

IAF 341
IAF 541

Business Information Systems
Database Management

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

Financial Accounting: Consolidations and Advanced Issues (FA4)

IAF 710 

Advanced Financial Accounting

Personal and Corporate Tax (TX1)

IAF 320
IAF420

Income Tax 1
Income Tax 2

External Auditing (AU1)

IAF 520
IAF 610

Auditing
Computerized Auditing

Accounting Theory & Contemporary Issues (AT1)

IAF 510

Accounting Theory

Advanced Management Accounting (MA2)

IAF 841

Management Accounting - Advanced

Electives

*Advanced External Auditing (AU2)

IAF 826

Advanced Auditing

Grade Required

IAF Program: C+ or 65%

A minimum grade as stated above is required in each of the equivalent courses in order to obtain a transfer credit or challenge examination.*Challenge Examination 

For more information, please contact Bibi John, CGA by phone at (416) 491 5050 ext. 2281.

Transfer credit policies are subject to change without notice.   

Updated as of February 1, 2012.