uwloo

AFM 202Introduction to Public Practice

Faculty
Arts
Last listed
Spring 2023

No longer offered. It was in Waterloo’s course catalog since at least Winter 2020 (as far back as Open Data goes) to Spring 2023. It isn’t in the 2024–25 or later calendars.

In the course catalog from Winter 2020 to Spring 2023; Open Data has no classes for it in that time.

This course focuses on the knowledge and skills that enhance experiential learning during a first co-op work term. Topic areas include professional ethics, assurance, taxation, and leveraging technology for assurance and taxation competencies.

Requirements, as last listed

Prereq: AFM 101; Level 2A or 3A Accounting and Financial Management, Mathematics/Chartered Professional Accountancy, or Biotechnology/Chartered Professional Accountancy students. Antireq: AFM 201

Reviewed on UW Flow

64% liked it52% easy83% useful

From 50 ratings and 12 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

  • It's a great concept to integrate two areas of accounting into one course but considering the time given the organization is horrible, Tax gets curved a lot so there's nothing to worry about. However, in audit, there's no clarity regarding the marking of the integrated audit case, it was difficult to achieve a good mark. Final doesn't get curved a lot and I personally found it harder than the tax exam.

    Dec 2017 · liked itOn UW FlowRemove this

  • Course is helpful for introducing us to topics and tasks that we may be doing on our first co-op term. Tax isn't that hard but it takes a lot of memorizing especially since there are many exceptions to general rules, whereas with audit it's about understanding concepts and applying them. Tax gets curved pretty hard as well.

    Dec 2016 · liked itOn UW FlowRemove this

  • Very useful course. You learn taxprep and about audit. There are participation marks in tax and pop-up quizzes in audit so attend class!

    Dec 2016 · liked itOn UW FlowRemove this

  • Definitely keep up and do the practice problems using the software in the tax section.

    Dec 2016 · liked itOn UW FlowRemove this

  • audit exam was hard

    Jun 2016 · didn’t like itOn UW FlowRemove this

Discussed on r/uwaterloo

47 posts and comments in 38 threads mention AFM 202, July 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.

Spring 2020

Comprehensive Guide to AFM based on my experiences 70 points, 26 comments

u/suh-dude_: “… in undergrad as long as you're comfortable talking infront of others 2A - FALL (I took AFM 202 and 204) AFM 291 - Intermediate Accounting 1: This course screwed over a lot of students. …”

u/leea0526: “… MATH 109 replaced with AFM 111 STAT 211 replaced with AFM 113 AFM 211 replaced with AFM 212 AFM 202/203/204 replaced with AFM 20[5,6,7,8] AFM 341 - they changed it up in 2019 so it's more about data analytics and b l o c k c h a i n. …”

View on RedditRemove this

Winter 2020

Waterloo AFM vs Math/CPA? 9 points, 16 comments

“I have seen a few posts about these two programs, and it seems that there are mixed opinions, but the general consensus seems to be that AFM students tend to be more cliquey and the social …”

u/CorbiBread: “Finished 2A in AFM, was in Math/CPA in 1A and switched to AFM in 1B. I liked math in high school so I originally applied for Math/CPA but the math courses fucked me up cause it was completely new …”

u/CorbiBread: “… For the tax course (AFM202), I liked the TaxPrep assignment where you had to prepare a tax return based on info given. Love that practical stuff. Worst part for me is studying, which I know is broad lol. …”

View on RedditRemove this

Fall 2019

Spring 2019

Winter 2019

Fall 2018

AFM 2A Marks Thread 26 points, 24 comments

“To all the afm 2a's; congrats, you survived 2A. How did the marks go for all of you. Do you think any courses curved? I got 59 in 291, 80 in 202, and failed 273. How did 2A go for you guys?”

u/Anonymous803: “64 in AFM 291, 68 in AFM 273 and 82 in AFM 202”

View on RedditRemove this

Check it elsewhere