Credit Transfer Involving Other Agencies and Organizations, 1996-1997

The following tables provide information on the exemption policies and/or credit transfer arrangements extended to provincial public postsecondary institutions by other agencies and organizations. The Memorial University course numbers in brackets represent former course numbers.

Certified General Accountant (CGA) – Exemption Policy

The table below provides an overview of courses in selected public postsecondary institutions in this province which receive exemption from the CGA Program. For further information on the CGA Program, please contact:

CGA Newfoundland
P.O. Box 5010
St. John’s, NL A1C 5V3
Telephone: 1-709-579-1863
Toll Free: 1-800-561-7110
Sending Institution Receiving Agency or Organization
Memorial University Colleges of Applied Arts, Technology & Continuing Education
St. John’s Campus Cabot Eastern Central Westviking Labrador CGA Courses
Level 1
Business 1101 (2100) AND Business 3101 (3100) Principles of Accounting 2010 AND Principles of Accounting 2011 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Exemptions granted in Level I pending successful completion of Level II exams. Financial Accounting 2101 AND Financial Accounting 2102 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Financial Accounting 2101 AND Financial Accounting 2102 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Financial Accounting I AC1240 AND Financial Accounting II AC2240 Financial Accounting 1 (FA1)
Economics 2010 (2015) AND Economics 2020 Economics 2065 AND Economics 2066 OR Microeconomics EC1100 AND Macroeconomics EC1200 Exemptions granted in Level I pending successful completion of Level II exams. Economics 2114 AND Economics 2115 OR Microeconomics EC1100 AND Macroeconomics EC1200

Economics 2114 AND Economics 2115 OR Microeconomics EC1100 AND Macroeconomics EC1200 Microeconomics EC1100 AND Macroeconomics EC1200 Economics 1 (EM1)
Business Law 4000 Business Law 2063 OR Business Law LW1200 Exemptions granted in Level I pending successful completion of Level II exams. Business Law 2103 AND Business Law 2104 OR Business Law LW1200 Business Law 2103 AND Business Law 2104 OR Business Law LW1200 Business Law LW1100 OR Business Law LW2100 Law 1 (LW1)
Level 2
Business 6100 Accounting 2012 OR Intermediate Accounting AC2220 Exemptions granted in Level I pending successful completion of Level II exams. Intermediate Accounting 2118 OR Intermediate Accounting AC2220 Intermediate Accounting 2118 OR Intermediate Accounting AC2220 Intermediate Accounting AC2220 Financial Accounting 2 (FA2)
Statistics 2401 (2501) AND Statistics 2500 Statistics 2053 AND Statistics 2054 OR Statistics for Business I MA1600 AND Statistics for Business II MA2600 Exemptions granted in Level I pending successful completion of Level II exams. Statistics 2126 AND Statistics 2127 OR Statistics for Business I MA1600 AND Statistics for Business II MA2600 Statistics 2126 AND Statistics 2127 OR Statistics for Business I MA1600 AND Statistics for Business II MA2600 Statistics for Business I MA1600 AND Statistics for Business II MA2600 Quantitative Methods 2 (QM2)
Business 2101 (4100) Managerial Accounting 2016 AND Managerial Accounting 2017 OR Managerial Accounting I AC2250 AND Managerial Accounting II AC3250 Exemptions granted in Level I pending successful completion of Level II exams. Managerial Accounting 2112 AND Managerial Accounting 2113 OR Managerial Accounting I AC2250 AND Managerial Accounting II AC3250 Managerial Accounting 2112 AND Managerial Accounting 2113 OR Managerial Accounting I AC2250 AND Managerial Accounting II AC3250 Management Accounting 1 (MA1)
Level 3
Business 6110 Accounting 2013 OR Intermediate Accounting II AC3220 Exemptions granted in Level I pending successful completion of Level II exams. Intermediate Accounting 2119 OR Intermediate Accounting II AC3220 Intermediate Accounting 2119 OR Intermediate Accounting II AC3220 Intermediate Accounting II AC3220 Financial Accounting 3 (FA3)
Business 4110 Finance 2020 OR Business Finance AC2320 Exemptions granted in Level I pending successful completion of Level II exams. Finance 2123 OR Business Finance AC2320 Finance 2123 OR Business Finance AC2320 Business Finance AC2320 Finance 1 (FN1)
Computer Science 2801 (2800) AND Business 6300 Computer Systems 2034 AND Computer Systems 2035 OR Introduction to Computer Concepts CP1100 Exemptions granted in Level I pending successful completion of Level II exams. Computer Systems and Software Applications 2141, 2142, 2143 AND 2144 OR Introduction to Computer Concepts CP1100 Computer Systems and Software Applications 2141, 2142, 2143 AND 2144 OR Introduction to Computer Concepts CP1100 Introduction to Computer Concepts CP1100 Management Information Systems 1 (MS1)
Level 4
Business 5160 Management Accounting 2 (MA2)
Business 6120 Taxation 1 (TX1)
Business 6130 Auditing 1 (AU1)
Levels 5 & 6
Financial Accounting 4 (FA4)
Finance 2 (FN2)
Auditing 2 (AU2)
and two of…
Financial Accounting 5 (FA5)
Management Auditing 1 (MU1)
Management Information Systems 2 (MS2)
Taxation 2 (TX2)
Strategic Management 1 (ST1)
  1. The minimum acceptable average for CGA equivalent courses completed at Memorial University or in the College system is 65%.
  2. Regional College students: To be eligible to receive the indicated CGA course exemptions, the individual must be a graduate of the Business Management (Accounting) or Business Administration (Accounting) diploma programs.
  3. A complete exemption will only be granted to students completing the more advanced Taxation 2 course. In all other cases a challenge examination will be granted with the required mark.
  4. All level 5 and 6 courses must be completed through the CGA Association.

Certified Management Accountant (CMA) Pre-Professional Program – Exemption Policy, 1996-97

The table below provides an overview of courses in selected provincial public postsecondary institutions which receive exemption from the CMA Pre-Professional Program. Upon successful completion of the CMA Pre-Professional Program, students are qualified to take the CMA Entrance Examination which is offered nationally during June of each year. Successful completion of this examination enables students to become candidates in the CMA Accreditation Program. The Memorial University course numbers in brackets represent former course numbers.

For further information on the CMA Accreditation Program, please contact:

The Society of Management Accountants of Newfoundland
P.O. Box 13672
Suite 603, TD Place
140 Water Street
St. John’s, NL A1B 4G1
Telephone: 1-709-726-3652
Fax: 1-709-726-1813
Sending Institution Receiving Agency or Organization
Memorial University Colleges of Applied Arts, Technology & Continuing Education
St. John’s Campus Cabot Eastern Central Westviking Labrador CMA Pre-Professional Program
Business 1101 (2100) AND Business 3101 (3100) Principles of Accounting 2010 AND Principles of Accounting 2011 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Financial Accounting I AC1240 AND Financial Accounting II AC2240 Principles of Accounting 2101 AND Principles of Accounting 2102 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Principles of Accounting 2101 AND Principles of Accounting 2102 OR Financial Accounting I AC1240 AND Financial Accounting II AC2240 Financial Accounting I AC1240 AND Financial Accounting II AC2240 Introductory Accounting 11
Statistics 2500 AND Statistics 2501 Statistics 2053 AND Statistics 2054 OR Statistics for Business I MA1600 AND Statistics for Business I MA2600 Statistics for Business I MA1600 AND Statistics for Business I MA2600 Statistics 2126 AND Statistics 2127 OR Statistics for Business I MA1600 AND Statistics for Business I MA2600 Statistics 2126 AND Statistics 2127 OR Statistics for Business I MA1600 AND Statistics for Business I MA2600 Statistics for Business I MA1600 AND Statistics for Business I MA2600 Quantitative Methods 332
Economics 2010 & 2020 Economics 2065 AND Economics 2066 OR Microeconomics EC1100 AND Macroeconomics EC1200 Microeconomics EC1100 AND Macroeconomics EC1200 Economics 2114 AND Economics 2115 OR Microeconomics EC1100 AND Macroeconomics EC1200 Economics 2114 AND Economics 2115 OR Microeconomics EC1100 AND Macroeconomics EC1200 Microeconomics EC1100 AND Macroeconomics EC1200 Economics 212
Computer Science 2801 Computer Systems 2034 AND Computer Systems 2035 OR Introduction to DOS CP1110 AND Electronic Spreadsheet Applications CP2310 AND Computerized Accounting I AC2230 AND Computerized Accounting II AC3230 Introduction to DOS CP1110 AND Electronic Spreadsheet Applications CP2310 AND Computerized Accounting I AC2230 AND Computerized Accounting II AC3230 Computer Systems and Software Applications 2141, 2142, 2143 AND 2144 OR Introduction to DOS CP1110 AND Electronic Spreadsheet Applications CP2310 AND Computerized Accounting I AC2230 AND Computerized Accounting II AC3230 Computer Systems and Software Applications 2141, 2142, 2143 AND 2144 OR Introduction to DOS CP1110 AND Electronic Spreadsheet Applications CP2310 AND Computerized Accounting I AC2230 AND Computerized Accounting II AC3230 Introduction to DOS CP1110 ANDElectronic Spreadsheet Applications CP2310 AND Computerized Accounting I AC2230 AND Computerized Accounting II AC3230 Computerized Information Systems 214
Business 2301 Organizational Behaviour I 1603 AND Organizational Behaviour II 1604 OR Organizational Behaviour I PS1310 AND Organizational Behaviour II PS2310 Organizational Behaviour I PS1310 AND Organizational Behaviour II PS2310 Organizational Behaviour I 1603 AND Organizational Behaviour II 1604 OR Organizational Behaviour I PS1310 AND Organizational Behaviour II PS2310 Organizational Behaviour I 1603 AND Organizational Behaviour II 1604 OR Organizational Behaviour I PS1310 AND Organizational Behaviour II PS2310 Organizational Behaviour I PS1310 AND Organizational Behaviour II PS2310 Organizational Behaviour 123
Business 2101 (4100) Managerial Accounting 2016 OR Managerial Accounting I AC2250 Managerial Accounting I AC2250 Managerial Accounting I 2112 OR Managerial Accounting I AC2250 Managerial Accounting I 2112 OR Managerial Accounting I AC2250 Management Accounting I 241
Business 4000 Business Law 2063 OR Business Law LW1200 Business Law LW1200 Business Law 2103 AND Business Law 2104 OR Business Law LW1200 Business Law 2103 AND Business Law 2104 OR Business Law LW1200 Business Law LW1200 Commercial Law 122
Business 4500 AND Business 4400 Management Accounting III 441
Business 4401 (3400) AND Business 4400
Business 4500 (4110) AND Business 5500 (5140) Finance 2020 OR Business Finance AC2320 Business Finance AC2320 Finance 2123 OR Business Finance AC2320 Finance 2123 OR Business Finance AC2320 Financial Management 442
Business 6100 Intermediate Accounting I 229
Business 6300 Accounting Information Systems 451
Business 6110 Intermediate Accounting II 339
Business 6120 Taxation 324
Business 6130 Internal Auditing 452
Business 5160 Management Accounting II 341
Business 7000 Management Policy 553
Business 7120 Advanced Financial Accounting 543
Business 7160 Management Accounting IV 541
  1. Memorial University courses are shown for information purposes only. Memorial may or may not grant these credits.
  2. In order to receive a course equivalency for Computerized Information Systems (214) students must have an average of 65% in the required college courses.
  3. All students must complete Memorial University's Business 5140 before exemption is given for the CMA's Financial Management 442.