The following tables provide information on the exemption policies and/or credit transfer arrangements extended to provincial public post-secondary institutions by other agencies and organizations.

CERTIFIED GENERAL ACCOUNTANT (CGA) – EXEMPTION POLICY

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

All students are required to complete Financial Accounting 4 (FA4), Professional Applications 1 (PA1) and two PACE option courses.

The minimum acceptable average for CGA equivalent courses completed at the College of the North Atlantic or at Memorial University is 65%.

* Transfer credit will only be awarded to students with a complete degree or diploma who are receiving transfer credits for all courses in Levels 1 to 3.

C – Challenge examination privilege only. All challenge examinations must be written within one year of enrolling in
the CGA program. If the examination is not written or if it is failed, the students must complete the course in its entirety.

CERTIFIED MANAGEMENT ACCOUNTANT (CMA) PRE-PROFESSIONAL PROGRAM – EXEMPTION POLICY

The table below provides an overview of courses in selected provincial public post-secondary 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. For further information on the CMA Accreditation Program, please contact:

1. In order to receive a course equivalency for Computerized Information Systems (214) students must have an average of 65% in the required college courses.
2. All students must complete Memorial University’s Business 5500 (or the former 5140) before exemption is given for the CMA’s Financial Management 442.