Lambton College Business Administration Accounting Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

ACC 100
ACC 200 

Accounting Theory and Practice 1 
Accounting Theory and Practice 2

Micro and Macro Economics (EM1) 

ECO 111
ECO 112 

Macroeconomics 
Microeconomics

Business Law (LW1) 

LAW 100

Business Law 

Financial Accounting: Assets (FA2) 

ACC 380
ACC 480 

Intermediate Accounting 1 
Intermediate Accounting 2

Business Quantitative Analysis (QU1) 

MTH 122
MTH 222
STA 110
MAN 200 

Business Mathematics 1
Business Mathematics 2
Business Statistics
Management Science

Management Accounting Fundamentals (MA1) 

ACC 320
ACC 420

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 ENG 111 or ENG 211.  

Financial Accounting: Liabilities and Equities (FA3) 

ACC 480
ACC 580

Intermediate Accounting 2
Intermediate Accounting 3 

Corporate Finance Fundamentals (FN1) 

FIN 120
FIN 220

Financial Management 1
Financial Management 2

Managing Information Systems (MS1) 

ITS 100 or ITS 104
ITS 114
ACC 340
ACC 550

Information Technology Skills 1
Information Technology Skills 2
Computerized Accounting Systems 1
Computerized Accounting 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.  

A grade of “B-” is required in each of the equivalent courses in order to obtain a transfer credit. 

For more information, please contact Rob Kardas by phone at (519) 542 7751 ext. 3390, or by email at rob.kardas@lambton.on.ca; or Tony McGowan, CGA, by phone at ext. 3220, or by email at Tony.McGowan@lambton.on.ca.

Transfer credit policies are subject to change without notice.   

Updated as of January 17, 2012.