Humber College Institute of Technology and Advanced Learning Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

ACCT 111
ACCT 211 

Introduction to Accounting 1 
Introduction to Accounting 2

Micro and Macro Economics (EM1) 

BECN 100



 

Microeconomics and BECN 200 Macroeconomics
or
ECON 001 and ECON 002

Business Law (LW1) 

BLAW 100

Business Law or LAWS 111 or ACCT 107

Financial Accounting: Assets (FA2) 

ACCT 331

Intermediate Accounting 1 
or
ACCT 230 and ACCT 231

Business Quantitative Analysis (QU1) 

BSTA 300
BSTA 750 

Business Statistics and
Quantitative Analysis 1

Management Accounting Fundamentals (MA1) 

ACCT 341
ACCT 441 

Cost Accounting 1 and
Cost 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 200 or COMM 300.  

Financial Accounting: Liabilities and Equities (FA3) 

ACCT 531

Intermediate Accounting 2
or
ACCT 306 and ACCT 307

Corporate Finance Fundamentals (FN1) 

ACCT 541
ACCT 641 

Financial Controllership 1 and
Financial Controllership 2

Managing Information Systems (MS1) 

ACCT 108
BISM 327

Information System Concepts and
Business 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

*Personal and Corporate Taxation (TX1)

ACCT 461
ACCT 561

Introduction to Income Tax and
Income Tax 2

+Personal and Corporate Taxation (TX1)

ACCT 809
ACCT 811

Taxation A and
Taxation B

*External Auditing (AU1) 

ACCT 551
ACCT 651 

Auditing 1 and
Auditing 2

+External Auditing (AU1)

ACCT 810
ACCT 812

Auditing A and
Auditing B

+Public Practice Audit Case (BC2)

ACCT 933

Business Case 2

+Advanced Management Accounting (MA2)

ACCT 804

Management Accounting 2

+Accounting Theory and Contemporary Issues (AT1)

ACCt 805

Accounting Theory

+Financial Accounting: Consolidations and Advanced Issues (FA4)

ACCT 931
ACCT 932

Financial Accounting 4 - Part 1 and
Financial Accounting 4 - Part 2

Electives

*Advanced Corporate Finance (FN2)

ACCT 900

Advanced Corporate Finance

*Information Systems Strategy (MS2)

ACCT 908

Management Information

*Internal Auditing and Controls (MU1)

ACCt 951

Management Auditing

A grade of “70%” is required in each of the equivalent courses in order to obtain a transfer credit. A grade of “65%” is required in each equivalent course completed through the Accounting & Information Technology program in order to obtain a transfer credit.
* Challenge Examination
+ Offered only in the Accounting & Information Technology post-graduate certificate program.

For more information, please contact Keith Barrett, by phone at (416) 675 6622 ext. 4039, or by email at keith.barrett@humber.ca.

Transfer credit policies are subject to change without notice.   

Updated as of January 11, 2011.