AFM 363Taxation 2 - Integration
- Units
- 0.50
- Faculty
- Arts
Not in the current Undergraduate Calendar. Shown as it appeared in 2024–25.
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 0 of the last 7 terms. Winter 2027: not on the schedule. Spring 2027: schedule not out yet.
This course builds on the foundational concepts established in AFM 362 by exploring the taxation of individuals and corporations in more depth.
Prerequisites
- Complete all of the following
- Must have completed the following:
- AFM362 - Corporate Taxation (0.50)
- Enrolled in H-Accounting & Financial Management, H-Biotechnology/Chartered Professional Accountancy, H-Computing & Financial Management, or H-Mathematics/Chartered Professional Accountancy
- Must have completed the following:
Antirequisites
None listed.
Leads to
No course lists it as a requisite.
Reviewed on UW Flow
65% liked it46% easy97% useful
From 20 ratings and 3 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
The first part of this course is more like a review for AFM362, with a bit more information and depth. For example, calculation of Employment Income, Business Income, employment vs. self-employed will all be taught again, in more details. For example, you learn about traveller's and commission income for EI, you would learn more credits to use. Some of the things that we focused on in 362 will be less important here such as stock options benefit, auto benefit, what to include/exclude for employment income...and so on.
After the midterm, however, many new concepts were introduced and it was so crammed with so many new things that the course was quite hard to catch up on. Something like…Aug 2016 · didn’t like it · 2 found this helpfulOn UW FlowRemove this
It's not an easy course, found it more difficult than AFM 362 (I should note that I took AFM 202 so maybe AFM 362 was a little easier for me). Concepts before midterm seemed okay in class, but what frustrated me the most was the professor never posting solutions claiming it would be "copyright infringement." WTF? So he literally gave us 2 seconds to write down the solution and simultaneously try and listen to his reasoning and move through the material as fast as possible. Poor move, considering the "copyright infringement" excuse is probably just a reason for him not to post and drop everyone's marks as a result. With such smart people I have no idea why you would do this - maybe it's the…
Mar 2020 · didn’t like itOn UW FlowRemove this
Harder version of AFM 362. Course follows a similar structure as well. Do the problems before class and make sure you review them for the exams and you should do well in the course.
Aug 2018 · liked itOn UW FlowRemove this
Discussed on r/uwaterloo
16 posts and comments in 14 threads mention AFM 363, March 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 2022
AFM 4B 10 points, 3 comments
“Hello any current/past AFM students that happen across this post! I'm going into my final AFM term and will be taking AFM 462 and AFM 482 in person, however I have been very unsuccessful in finding a …”
u/Zealousideal_Fly_940: “… With that said, I believe AFM 462 has in-class participation, weekly assignments and a midterm/final exam (like AFM 362/363). I think AFM 482 is mainly assignments, a midterm and final. I don't think there is class participation for AFM 482. …”
Spring 2021
AFM 363/362 textbook 0 points, 0 comments
u/ThrowAwayUWStudentz: “Hello! Does anyone have a PDF of the AFM 362/363 textbook (41st edition)? Thanks in advance!”
Spring 2020
Afm 363 1 point, 7 comments
Waterloo AFM GPA 0 points, 26 comments
“Hi everyone, as much as I’ve seen countless people bash afm kids, I want to know the difficulty of the program and how hard it can be to maintain a high gpa. …”
u/StoreyedArrow17: “I have friends that are in law school / called to the bar and went to Waterloo for their undergrad (one of the SAF programs) and MAcc. …”
u/StoreyedArrow17: “… So yes, people will find it difficult to cram AFM 462 (Taxation 3), if they retained no knowledge from AFM 362 (Taxation 1) and AFM 363 (Taxation 2) because they crammed their way through those courses as well... …”
u/StoreyedArrow17: “Also wanted to note (again) since I just saw it in another response you got: Which is directly related to my previous point about the work ethic (academically) of upper-year SAF students. …”
Comprehensive Guide to AFM based on my experiences 70 points, 26 comments
u/suh-dude_: “… AFM 363 - Tax 2: Essentially takes everything you learned in 362 and takes it to the next level. New topics are: residency, HST/GST, SR+ED, Associated corporations, relationships, etc. Dan usually teaches this course, so it is not hard to do well in. …”
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/ProButtSnorkler: “Some of the info below is from advisors and some of it is from people I know in both programs: - apply to math/cpa because if you end up not liking the math side you can transfer to AFM apparently no …”
u/student073: “… For example, it seems like for Math/CPA you'd need AFM 341, 351, 362, 363, 401, 462, 479, 481, 482, etc, while AFM needs AFM 111, 112, 121, 241, 244, 280, 373, etc. Why is it that they have different required AFM courses and what are the main differences? …”
AFM 4B Term Courses -- Summary 22 points, 2 comments
u/angelxlotus: “… for you in 2020, you'll be learning about TOSI (replaced the kiddie tax you learned in AFM 363), Trusts, Partnerships, Death of a Taxpayer, Transfers of Assets using elections under Sections 85, 86, and 51, etc. The midterm and final exam were also very fair. …”
Winter 2019
Spring 2019 schedules are out! 35 points, 4 comments
u/TeemoG0d69: “Andy Bauer's twin, Tim Bauer is teaching AFM 351 next term lol that's pretty cool, and David Lin teaching AFM 363 is not gonna be fun (3B AFMs go switch to Dan Rogo's section if you can)”
Spring 2018
Don't you hate it when some qt guy/girl keeps staring at you but you can tell they are not interested? 1 point, 31 comments
“It's such a shit feeling. Like you can clearly see them taking glances at you repeatedly and you're like wow this person hot af but as soon as you make eye contact back they'll look away and you just …”
u/100AdelaideToronto: “maybe theyre just really profound by my/ur ugliness?”
u/Darkness2190: “AFM 363?”
Prof life advice thread 23 points, 14 comments
“A lot of profs like to end the term off with a few words of wisdom. Any advice that stood out to you? My personal favourite was from our cs240 prof: do your best and never give up. …”
u/siddysid: “"CCPCs receive an additional ITC incentive of 20% over the regular 15% received by all corporations" - Dan, AFM 363”
AFM 363 Dan Bingozynski 21 points, 7 comments
Fall 2017
PSA: UWCourseLinker back up, disabled by default, call with [[course code]] 39 points, 31 comments
u/RayDWatson: “Testing all course codes 1/61: [[ACC604]] [[ACC605]] [[ACC606]] [[ACC607]] [[ACC608]] [[ACC609]] [[ACC610]] [[ACC611]] [[ACC620]] [[ACC621]] [[ACC622]] [[ACC623]] [[ACC624]] [[ACC625]] [[ACC626]] …”
u/RayDWatson: “… [[AFM332]] [[AFM333]] [[AFM341]] [[AFM344]] [[AFM351]] [[AFM352]] [[AFM361]] [[AFM362]] [[AFM363]] [[AFM371]] [[AFM372]] [[AFM373]] [[AFM382]] [[AFM391]] [[AFM401]] [[AFM411]] [[AFM412]] [[AFM415]] [[AFM416]] [[AFM417]] [[AFM418]] [[AFM422]] [[AFM423]] [[AFM424]] [[AFM425]] …”
u/UWCourseLinker: “… Comprehensive/Operational Auditing AFM 361 - Taxation 1 AFM 362 - Taxation 1 - Foundations AFM 363 - Taxation 2 - Integration AFM 371 - Managerial Finance 2 AFM 372 - Corporate Finance 2 AFM 373 - Cases and Applications in Corporate Finance AFM 382 - Performance Measurement and …”
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