AFM 123Accounting Information for Managers
- Units
- 0.50
- Faculty
- Arts
- Cross-listed
- ARBUS 102
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 5 of the last 7 terms. Winter 2027: scheduled, 4 lecture sections. Spring 2027: schedule not out yet.
This course is designed for non-accountants who will use accounting information for planning, control, and decision-making.
Prerequisites
- Complete 1 of the following
- Enrolled in Arts & Business, H-Environment & Business, Human Resources Management Diploma, Human Resources Management Minor, Management Studies Minor, H-Recreation, Leadership & Health, JH-Recreation, Leadership & Health, H-Sport & Recreation Management, JH-Sport & Recreation Management, H-Science & Business, H-Science & Business - Biochemistry Specialization, H-Science & Business - Biology Specialization, H-Science & Business - Biotechnology Specialization, H-Therapeutic Recreation, or JH-Therapeutic Recreation
- Enrolled in H-Recreation & Leisure Studies, JH-Recreation & Leisure Studies, H-Recreation & Business, H-Recreation & Sport Business, JH-Recreation & Sport Business, H-Science-Biotechnology/Economics
Antirequisites
- Complete all of the following
- Not completed nor concurrently enrolled in any of the following:
- Not completed nor concurrently enrolled in the following:
Leads to
No course lists it as a requisite.
Fall 2026 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3244 | 108 / 200 | W 19:00–21:50 |
| TST 101 | 4312 | 108 / 200 | Oct 8 20:30–21:50 |
Winter 2027 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3155 | 0 / 1 | TTh 17:30–18:50 |
| LEC 002 | 3156 | 0 / 1 | TTh 16:00–17:20 |
| LEC 003 | 3161 | 0 / 200 | TTh 14:30–15:50 |
| LEC 701 | 1172 | 83 / 9999 | Online or by arrangement |
| TST 101 | 4172 | 0 / 200 | Feb 11 19:00–20:20 |
Reviewed on UW Flow
50% liked it53% easy81% useful
From 80 ratings and 17 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
Since Winter 2021 is probs online I'm just gonna say that the online version this term is really badly organized. The Breakdown is 10% Weekly Quizzes, 30% Individual Work, 30% Group Work, and 4 Cumulative Tests worth 7.5% each. Overall the content so far isn't bad but the quizzes were not great, instead of testing content from the week before, they tested content the week of, and the problem with that was that the quizzes opened up the middle of the week and closed on Friday, not enough time to learn the content well enough. Quizzes also still happened on midterm weeks. Assignments are pretty straightforward, basically similar to practice question I guess. Overall content isn't bad with…
Sep 2020 · didn’t like it · 1 found this helpfulOn UW FlowRemove this
Really easy, the midterm and final all ask the simplest questions on each unit. The weekly quizzes were annoying, overall worth it for anyone in business.
Dec 2025 · didn’t like itOn UW FlowRemove this
the prof is engaging and the lectures aren't boring. everything is done on learn (except the team projects).
Nov 2024 · liked itOn UW FlowRemove this
Accounting is boring, but the prof made it engaging and made class worthwhile. I really liked the structure and support of this course had.
Aug 2023 · liked itOn UW FlowRemove this
Do not take as an elective unless you have prior knowledge from high school or if accounting is an interest. There are a few easier units but overall this course is difficult and requires you to reach back on previous units to understand present units. There are also a lot of readings and practice questions and a weekly quiz. Also a weekly team project and 4 discussion post assignments.
Mar 2023 · didn’t like itOn UW FlowRemove this
Discussed on r/uwaterloo
74 posts and comments in 59 threads mention AFM 123, April 2015 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.
Fall 2024
Winter 2025 Bird courses - ARTS 2 points, 1 comment
“So I'm in 3B doing a double major, and last term while I was on coop trying to plan out my last 3 study terms, I noticed I had about half the required courses for a PSCI minor, so I thought why not …”
u/Horiphic: “For arts courses, HRM 200, ECON 371, AFM 123, AFM 131 were all pretty bird imo. If you have space for non arts courses, I would recommend some of the 100 level EARTH courses. …”
Fall 2023
AFM 123 1 point, 0 comments
u/bomankleinn01: “For anyone who has taken this course, how was it? Heard this course was super hard but is it at least beneficial? Does this use any particular software like a Quickbooks, Xero, Excel, etc… or it’s just an intro general knowledge fast tracked bs that’s a total scam of my tuition. …”
Spring 2022
AFM 123 2 points, 1 comment
u/Mind-Bender1976: “How awful it it? Which is preferred: online or on-campus?”
Winter 2022
see you all on february 7th 88 points, 10 comments
u/Dimtar_: “unless you’re in: AFM 113 AFM 123 AFM 182 ARBUS 102 CLAS 202 ECON 101 HRM 200 MUSIC 100 (Conrad Grebel) MUSIC 140 (Conrad Grebel) MUSIC 246 (Conrad Grebel) PSYCH 101 (St. Jerome’s) PSYCH 211 PSYCH 238 PSYCH 253 (St. …”
Some “useful” arts or STEM faculty courses to take? 6 points, 12 comments
“Edit: you all have been incredibly helpful, thank you ╰(´︶)╯♡ I’m currently a 2nd yr Legal Studies and English (RMPC) student who’s about to take some courses for the first time irl this spring …”
u/SmoothSayingSam: “Here’re some useful prerequisite-free courses: AFM 123: Accounting for Managers AFM 131: Introduction to Business in North America AFM 231: Business Law HRM 200: Basic Human Resources Management ENGL 203: Designing Digital Images and Interaction ENGL 204: Designing Digital Video …”
arbus 102/afm123 0 points, 1 comment
u/Terrible_Ad_285: “any group chats for arbus 102 or afm 123??”
AFM 123/ARBUS 102 TEST BANK IN DESPERATE NEED !!!!!!!!!!! 0 points, 4 comments
Econ 102 and Arbus 102/AFM 123 test banks anyone???? 6 points, 0 comments
u/Intelligent-Race-893: “DOES ANYONE HAVE A AFM 123/ARBUS 102 TEST BANK IN DESPERATE NEED!!!!!!!!!!”
Hey! Need help deciding/guidance on whether it would be reasonable to add another course for the winter term and which course I should add if so? 0 points, 1 comment
[deleted]: “Currently taking -Econ 101 -Phil 215/arbus202 -arbus 102/afm 123 -Psych 101 I know lots of u prolly will be like that’s light bird courses and but I also wanna work next sem so if I’m not sure if I add a course it’ll get too heavy, and I’m not even sure which course I’d add?”
Fall 2021
AFM 123🥴 0 points, 1 comment
u/applesandguava: “How is it only third week of classes and I'm already struggling 😵💫”
Spring 2021
first year electives psychology waterloo 0 points, 4 comments
“any first year electives you guys recommend I take for psychology?”
u/SmoothSayingSam: “… If you’re arts, I recommend doing this: Semester 1 - AFM 123 / CS 115 / ECON 101 Semester 2 - CS 116 / ECON 102 / FR 151 If you’re science, I recommend doing this: Semester 1 - BIOL 130 (with the lab) Semester 2 - CS 115 / (BIOL 165 or BIOL 120)”
Winter 2021
AFM 123 3 points, 1 comment
u/Royal_Pudding_2839: “Hey had anyone taken this course online, please share your experience as I am conflicted if I should continue taking it online? How is it and does anyone have test banks/practice quizzes??”
Check it elsewhere for Fall 2026
- Undergraduate Calendar, 2026–27The official entry
- Requirements for Fall 2026Waterloo’s requisite checker
- Schedule of Classes, Fall 2026Instructors, rooms, live seats
- Quest Class SearchWhere you enrol
- Course outlinesSyllabi from past terms (UW login)
- UW FlowStudent ratings and reviews
- WClassesPast sections back to 2004, and who taught them