Certified General Accountant - Equivalent Courses
The following courses can be used as credits with the Certified General Accountants of Ontario. For the transfer credit information please visit www.cga-ontario.org A grade of 70% is required in each of the equivalent courses in order to obtain a transfer credit.
| Course Number | Course Name | Course Hours | Tentative Schedule* | ||
|---|---|---|---|---|---|
| Fall | Winter | Spring | |||
| ACCT10026 | Auditing I | 42 | X | X | X |
| ACCT10027 | Auditing II | 56 | X | X | X |
| ACCT10028 | Business Finance I | 42 | X | X | X |
| ACCT10029 | Business Finance II | 56 | X | X | X |
| ACCT10024 | Cost and Managerial Accounting I | 48 | X | X | X |
| ACCT10025 | Cost and Managerial Accounting II | 48 | X | X | X |
| COMM10256 | English 1 | 45 | X | X | X |
| ACCT10021 | Intermediate Accounting I | 56 | X | X | X |
| ACCT10022 | Intermediate Accounting II | 56 | X | X | X |
| ACCT10023 | Intermediate Accounting III | 42 | X | X | X |
| INFO10160 | Management Information Systems | 42 | X | X | X |
|
* Subject to change - Browse current catalogue for course offerings |
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CGA Equivalency - Course Descriptions
Auditing I - ACCT10026
Concentrate on the fundamentals of external audits. Focus on the purpose of audits; reporting, professional standards and ethics; legal liability; audit evidence and documentation; planning and analysis; materiality and risk; and internal control. Prerequisite: Intermediate Accounting (ACCT10022).
Auditing II - ACCT10027
Further develop auditing skills with in-depth study of internal controls. Learn to audit sales, acquisition, payroll, inventory and cash balances and related income statements and balance sheets. Prerequisite: Auditing I (ACCT10026).
Business Finance I - ACCT10028
Develop broad understanding of financial management including financial statement analysis, valuation of cash flows, risk and return and capital budgeting. Draw on theory learned in previous study to enhance financial decision-making skills. Prerequisite: Auditing I (ACCT10022).
Business Finance II - ACCT10029
Continue study of business finance. Examine capital markets in Canada, investment underwriting, debt and lease financing, common and preferred stock financing, dividend policy and retained earnings, derivatives, convertibles, warrants, and mergers. Prerequisite: Business Finance I (ACCT10028).
Cost and Managerial Accounting I - ACCT10024
Examine the basics of managerial accounting. Topics include elements of a job costing system, application of cost-volume-profit analysis, application of relevant costs to special decisions and their fit with preparation of master budgets. Prerequisite: Accounting - Introductory I (ACCTMCS01) or Finance and Accounting (ACCTPIR23).
Cost and Managerial Accounting II - ACCT10025
Learn to handle fixed manufacturing overhead on income statements, and approaches for measuring performance. Topics include allocating costs for service departments and joint processes, pricing, quality costs, and analyzing cost behaviour. Equivalent to: Cost and Managerial Accounting 2 (ACCTAC436). Prerequisite: Cost and Managerial Accounting I (ACCT10024).
English 1 - COMM10256
Focus on effective communication in the workplace. Practice writing, speaking, reading, listening, locating and documenting information and using technology to communicate professionally. Microphone is required.
Intermediate Accounting I - ACCT10021
Develop the skills needed to prepare and interpret financial statements. Focus on accounting for partnerships, corporations, long-term debt, the statement of cash flows and financial statement analysis. Prerequisite: Accounting - Introductory II (ACCTMCS02).
Intermediate Accounting II - ACCT10022
Gain understanding of financial reporting. Topics include accounting concepts, income statement and balance sheet presentation, statement of cash flows, reporting and valuation of cash, receivables, inventories and temporary investments. Prerequisite: Intermediate Accounting I (ACCT10021).
Intermediate Accounting III - ACCT10023
You will gain an understanding of some complex topics in accounting. Topics include: Leases, Pensions, Income Taxes, Accounting Changes and Error Corrections. Prerequisite: Intermediate Accounting II (ACCT10022).
Management Information Systems - INFO10160
Examine the use of information systems to support executive decision making. MS Access will be used to provide illustration and practice in database concepts including data storage and retrieval and auditing controls.
