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Centennial College Accounting Diploma Transfer Credit Policy

Foundation

CGA Ontario Courses 

College Equivalent 

Financial Accounting Fundamentals (FA1) 

ACCT 112
ACCT 221 

Financial Accounting 1 
Financial Accounting 2

Micro and Macro Economics (EM1) 

ECON 104 or ECON 205 
ECON 103 or ECON 206 

Microeconomics 
Macroeconomics

Business Law (LW1) 

BUSN 331

Business Law 


Financial Accounting: Assets (FA2) 

ACCT 256
ACCT 356 

Intermediate Accounting 1 
Intermediate Accounting 2

Business Quantitative Analysis (QU1) 

BUSN 225
BUSN 325

Quantitative Methods 1
Quantitative Methods 2

Management Accounting Fundamentals (MA1) 

ACCT 222
ACCT 322

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 COMM 170, BUSN 333, COMM 171, COMM 253, etc.  


Financial Accounting: Liabilities and Equities (FA3) 

ACCT 256
ACCT 356
 

Intermediate Accounting 1
Intermediate Accounting 2 

Corporate Finance Fundamentals (FN1) 

ACCT 224
ACCT 334 

Corporate Finance 1
Corporate Finance 2

Managing Information Systems (MS1) 

ACCT 257
ACCT 357

Accounting Information Systems 1
Accounting Information Systems 2

Advanced

*Personal and Corporate Taxation (TX1)

ACCT 226
ACCT 336

Taxation 1
Taxation 2

*External Auditing (AU1) 

ACCT 331
ACCT 332 

Auditing 1
Auditing 2


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

For more information, please contact:

Continuing Education
– Jeff Walji, accounting program supervisor by phone at (416) 289-5000 ext. 3133 or Louise Bois at (416) 289-5000
ext. 2258.
Day School –Shirley Lamarre, Program Coordinator, (416) 289-5000 ext 2088.

Transfer credit policies are subject to change without notice.   

Updated as of January 8, 2015.