University of Toronto Undergraduate - St. George Rotman Commerce Transfer Credit Policy

Foundation

CGA Ontario Courses 

University Equivalent 

Financial Accounting Fundamentals (FA1) 

RSM 100Y
RSM 220H

Introduction to Management
Financial Accounting

Micro and Macro Economics (EM1) 

ECO 100Y or
ECO 105Y

Introduction to Economics

Principles of Economics for Non-Specialists

Business Law (LW1) 

RSM 225H 

Legal Environment for Business 1

Financial Accounting: Assets (FA2) 

RSM 221H 

Intermediate Financial Accounting 1 

Business Quantitative Analysis (QU1) 

ECO 220Y

or

STA 220H

and

STA 221H 

Quantitative Methods in Economics or ECO 227Y


The Practice of Statistics 1 or STAT 250H or STAT 257H


The Practice of Statistics 2 or STAT 255H or STAT 261H

Management Accounting Fundamentals (MA1) 

RSM 222H
RSM 322H 

Management Accounting 1
Managerial Accounting and Decision Making

Business Communication (CM1) 

Two half-credit courses required. Any two of the following: business communications, effective writing or an English course such as ENG 100H, MGT C36H or SCS 1348.  

Financial Accounting: Liabilities and Equities (FA3) 

RSM 320H

Intermediate Financial Accounting 2 

Corporate Finance Fundamentals (FN1) 

RSM 332H
RSM 333H 

Capital Market Theory
Introduction to Corporate Finance

Managing Information Systems (MS1) 

RSM 327H
or
RSM 427 

Business Information Systems 

Auditing and 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) 

RSM 422H

Management Control

Personal and Corporate Taxation (TX1) 

RSM 324H
RSM 424H

Canadian Income Taxation 1
Canadian Income Taxation 2

External Auditing (AU1) 

RSM 323H

Auditing 1

Accounting Theory and Contemporary Issues (AT1) 

Students need to complete RSM 220H, RSM 221H, RSM 320H, RSM 332 and RSM 333 to obtain a full transfer credit for AT1.

Financial Accounting: Consolidations and Advanced Issues (FA4) 

RSM 321H

Advanced Financial Accounting Topics

Electives

*Advanced External Auditing (AU2)

RSM 423H
RSM 427H

Auditing 2
Auditing and Information Systems

*Advanced Corporate Finance (FN2) 

RSM 433H

Advanced Corporate Finance

*Advanced Personal and Corporate Taxation (TX2) 

RSM 424H 

Canadian Income Taxation 2

Grade Required: 

65%

*Challenge Examination

For more information: St. George: Contact a commerce program advisor by phone at (416) 978-3339, or by email at rotmancommerce.info@utoronto.ca
Administration issues: Visit the University of Toronto website at www.utoronto.ca.  

Transfer credit policies are subject to change without notice.   

Updated as of July 2011.