AFM 182Introduction to Financial Reporting and Managerial Decision Making 2
- Units
- 0.50
- Faculty
- Arts
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 5 of the last 7 terms. Winter 2027: scheduled, 3 lecture sections. Spring 2027: schedule not out yet.
This course continues the development of skills introduced in the foundational financial reporting course, with a greater focus on foundational analysis and forecasting, and expands the stakeholder context to public company stakeholders. The course enhances problem-solving skills through a problem-based learning delivery model.
Prerequisites
- Complete all of the following
- Must have completed the following:
- AFM191 - Introduction to Financial Reporting and Managerial Decision Making 1 (0.50)
- Complete 1 of the following
- Enrolled in H-Accounting & Financial Management, H-Computing & Financial Management, H-Mathematics/Chartered Professional Accountancy, H-Science & Financial Management, or H-Sustainability & Financial Management
- Enrolled in H-Biotechnology/Chartered Professional Accountancy
- Must have completed the following:
Antirequisites
- Complete all of the following
Leads to
Fall 2026 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 8360 | 93 / 100 | T 11:30–12:50 |
| TUT 101 | 8361 | 46 / 50 | Th 11:30–12:50 |
| TUT 102 | 8362 | 47 / 50 | Th 13:00–14:20 |
| TST 201 | 8363 | 93 / 100 | Oct 9 16:30–18:00 |
Winter 2027 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3581 | 0 / 200 | M 11:30–12:50 |
| LEC 002 | 3582 | 0 / 200 | M 13:00–14:20 |
| LEC 701 | 1365 | 343 / 9999 | Online or by arrangement |
| TUT 101 | 3641 | 0 / 40 | T 10:00–11:20 |
| TUT 102 | 3642 | 0 / 40 | T 11:30–12:50 |
| TUT 103 | 3643 | 0 / 40 | T 14:30–15:50 |
| TUT 104 | 3644 | 0 / 40 | T 16:00–17:20 |
| TUT 105 | 3645 | 0 / 40 | W 10:00–11:20 |
| TUT 106 | 3646 | 0 / 40 | W 11:30–12:50 |
| TUT 107 | 3647 | 0 / 40 | W 14:30–15:50 |
| TUT 108 | 3648 | 0 / 40 | W 16:00–17:20 |
| TUT 109 | 3649 | 0 / 40 | Th 11:30–12:50 |
| TUT 110 | 3650 | 0 / 40 | Th 13:00–14:20 |
| TST 201 | 3613 | 0 / 400 | Feb 12 16:30–18:00 |
Reviewed on UW Flow
83% liked it67% easy86% useful
From 80 ratings and 5 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
easier than afm 191. group assignment wasn't hard. similar to 191, redo the pbls
Nov 2026 · liked itOn UW FlowRemove this
Easier and more boring version of AFM 191, more than half of the content is memorization and qualitative. The group project can be tedious, there's a lot more writing on the exams.
May 2026 · liked itOn UW FlowRemove this
Very useful and fun course
Apr 2026 · liked itOn UW FlowRemove this
The resources and learning materials were well detailed and provided to help study for the course. Essentially, showing up and doing the practice problems will guarantee you a high mark.
Jul 2024 · liked itOn UW FlowRemove this
The course is okay, lectures are boring but & the midterm exam questions are LIKE the tutorial & practice ones but are harder. so be prepared for that. the overall course feels pointless and as if it could've been done through a AFM191 chapter.
Feb 2022 · liked itOn UW FlowRemove this
Discussed on r/uwaterloo
14 posts and comments in 13 threads mention AFM 182, February 2021 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
AFM 182 swap to AFM 191 2 points, 0 comments
u/Demonxx_6: “Anybody else fail AFM 191 this term? Does that mean we have to swap AFM 182 for the AFM 191 offered this term? Can someone plz confirm”
AFM 191 Retake 1 point, 8 comments
“Failed. Have to retake the course but Quest says adding it to my next term exceeds the max number of courses allowed for the term. …”
u/Live-Orchid-4180: “If you can’t take 6 course in a term, then drop one of the 1b courses that’s offered in spring and take that then”
u/Purple-Village-807: “Ok real quick, a course like AFM 182 has a prereq of 0.5 units of AFM 191, does this mean that I need to pass the course in order to continue on into AFM 182, or do they just need proof of completion of the course. This might be a dumb question but I am just a little confused.”
Spring 2024
afm course load 1 point, 2 comments
“hi! i’m an incoming afm student for fall 2024 and was wondering how is the first year course load like? and also any tips would be greatly appreciated!!”
u/Spoon420Blaze: “Just Finished 1st Year AFM here’s your guide 1A AFM 191 ; If you’ve done high school accounting this course is gonna be ridiculously easy until after midterms, regardless, I would always reccomend …”
u/Spoon420Blaze: “1B AFM 182 ; Basically just 191 with a peer into IFRS accounting, this course is like 40% qualitative stuff and 60% accounting, its workload is literally non-existent though, you have graded textbook questions like 191, however there are no weekly quizzes, the only other graded …”
Winter 2024
afm midterm 1 point, 1 comment
u/No-Cheek-4564: “afm 182 midterm tmrw and im so confused why all my 1b midterms are like 35% of my grade? This class doesnt even give mock midterms to practice and the concepts are so generealized? why is a midterm worth 35% have so little content. …”
For all the AFM 2A+ students 7 points, 5 comments
u/No-Cheek-4564: “… So far it seems quite boring as I got a comms class, bet 100, and I have to do afm 112, afm 182, and afm 121. Overall were these courses easy? For me the 1A term was a breeze, but, so far I feel like I might underperform in these courses just because of how boring they are. …”
Petition asks if you have seen your advisor (they don't fucking respond) 22 points, 10 comments
“Hey so I made a post a few hours ago about my circumstances. I am petitioning to remain in the AFM program and one of the first options is "did you meet with an academic advisor?) yes or no question. …”
u/Bobcat_77_: “… Think that was on one of the introduction slides in iirc AFM 182 too that they’d be in the student SAF lounge this Tuesday (today) from 2-4 or smth like that. …”
Fall 2023
For the AFM 2a or above people I want to clarify some things. 1 point, 1 comment
“First - Do we even learn the accounting we did in HS such as income statements and balance sheets and stuff because it looks like we are just doing case studies and writing for all of AFM 1A. …”
u/xmanzap: “… You will also be doing A LOT of journal entries especially in AFM 191 and AFM 182 in second semester. In my high-school accounting class, they didn't cover statement of cash flows so I would try to focus on that if you already know BS and IS. …”
Spring 2023
AFM y1 textbooks/course material 3 points, 4 comments
“Does anyone know what textbooks are used in AFM 101, 111, 112, 132, 102, 121 and ECON 101, STAT 211, and SPCOM 111, or have downloaded course material from any of these courses?”
u/alexo1119alex: “… AFM 101/102 - I'm pretty sure if you're in AFM you will actually have AFM 191/182 on your schedule instead. The textbooks for these courses you had to buy on tophat, and there were also tophat questions and stuff. …”
u/justkonradmusic: “Can confirm as the AFM 191 prof--our textbook is an e-book via TopHat. Instructions on how to buy and login will come at the start of the term. This particular e-text is a 2-part bundle which gives you access to AFM 182 material in the Winter term as well.”
Spring 2022
AFM first year textbooks 6 points, 7 comments
“incoming afm student here. does anyone know/have any recent afm textbooks? what textbooks do each course use, and how often do they change? is it worth it to preview the material in the summer?”
u/justkonradmusic: “… Two new courses (AFM 191 and 182) have an online e-book that has questions built in, so you'll need to buy it but it's $90 for access to both course's materials. …”
Admissions / High School Megathread (Fall 2022) 114 points, 2,348 comments
“This megathread is for prospective frosh and current high school students interested in Waterloo! Ask your questions down below! …”
u/Full-Cash-7557: “Question for Waterloo AFM Students - What does the schedule look like for the year, like do you guys get off in May-August or have co-op during that time?”
u/Aiya88: “… you need to make sure you're proficient with the excel application problems they give you) AFM 182: Basic Accounting Course Part 2: (Its an extension of AFM 191 and you even get the same profs as 191. …”
FARM vs MATH/CPA 2 points, 7 comments
“Hey everyone, &x200B; I have been fortunate enough to be accepted into both FARM and Math/CPA and have been very grateful for it:) Nevertheless, I am VERY struggling to choose between these two and …”
u/AFMISFULLOFNOOBS: “… AFM 111 Professional Pathways and Problem-solving AFM 182 Foundations of Management Accounting AFM 191 Foundations of Financial Reporting AFM 206 Intro. Tax and AFM 208 Intro. …”
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. …”
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
Calendar versions
Undergraduate Calendar
- 2021–22
- 2024–25
- 2025–26
- 2026–27 requisites changed (shown here)
- 2019–20 and earlier on ucalendar