British Columbia Institute of Technologywww.bcit.ca/study/courses/fmgt3210

BCIT

FMGT 3210 - Cost/Managerial Accounting 1

Financial Management Part-time Studies Course

School of Business

Course Details

This course emphasizes the following: role of the management accountant, cost concepts & terminology, job costing, cost-volume- profit- analysis, activity-based costing & activity-based management, budgeting and control, standard costs, variance analysis and income effects of alternative inventory costing methods. Cost and Managerial Accounting 1 will also demonstrate how to use financial information and various decision-making tools to make sound business decisions.

Prerequisite(s)

FMGT 2100 or FMGT 2105

Credits

4.0

Cost

$508.89 - $509.97 See individual course offerings below for actual costs.

Spring/Summer 2016

Below are six offerings of this course for the Spring/Summer 2016 term.

CRN 21039

Start any time

This is a distance learning course. Start any time. You have 30 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$508.89

Notes

  1. Correspondence format.
  2. A textbook AND an assignment package are necessary in order to proceed and may be purchased in person at the BCIT Burnaby bookstore or online at www.bcitbookstore.ca/distance/. Please ensure that you have the MANDATORY prerequisite: FMGT 1100 and FMGT 2100.
  3. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

CRN 21040

Start any time

This is a distance learning course. Start any time. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$92.21

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for CURRENT FMGT 3210 correspondence students who require additional time in which to complete the course. This is a one time option only. Please contact the department for approval by e-mail at ruth_mackay@bcit.ca
  4. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.

CRN 61278

Wed Jun 08 - Wed Aug 31 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 08 - Aug 31 Wed 18:30 - 21:30 BBY SW1 Rm. 2009

Instructor

Alina McGuinness

Course Outline

Cost

$508.89

CRN 20418

Mon Apr 11 - Mon Jul 11 13 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 11 - Jul 11 Mon 18:30 - 21:30 BBY

Instructor

TBD

Course Outline

TBD

Cost

$508.89

Notes

  1. Class will not be held on Monday, May 23rd

This course offering has been cancelled. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

Cancelled

CRN 20419

Sat Apr 16 - Sat Jul 09 13 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 16 - Jul 09 Sat 09:00 - 12:00 DTC Rm. 385

Instructor

Ron Messer

Course Outline

Cost

$508.89

Notes

  1. Due to high volume at the downtown campus at term start, students are advised to purchase their textbooks prior to the first lecture at either the Burnaby or downtown campus bookstores.

This course offering is in progress. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

In Progress

CRN 20420

Mon Apr 18 - Thu Jun 02 7 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 18 - Jun 02 Mon/Thu 18:30 - 21:30 BBY SW1 Rm. 3170

Instructor

Randy Robinson

Course Outline

Cost

$508.89

Notes

  1. Class WILL NOT BE held on Monday, May 23rd

This course offering is in progress. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

In Progress

Fall 2016

Below are four offerings of this course for the Fall 2016 term.

CRN 31292

Sat Sep 10 - Sat Dec 03 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 10 - Dec 03 Sat 09:00 - 12:00 BBY SE6 Rm. 207

Instructor

Ron Messer

Course Outline

TBD

Cost

$509.97

CRN 30994

Mon Sep 12 - Mon Dec 12 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 12 - Dec 12 Mon 18:30 - 21:30 BBY SW3 Rm. 1750

Instructor

TBD

Course Outline

TBD

Cost

$509.97

Notes

  1. Class WILL NOT BE held on Monday, October 10 (Thanksgiving Monday).

CRN 30993

Tue Sep 13 - Tue Dec 06 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Dec 06 Tue 18:30 - 21:30 BBY SW1 Rm. 2030

Instructor

TBD

Course Outline

TBD

Cost

$509.97

CRN 31291

Wed Sep 14 - Wed Dec 07 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Dec 07 Wed 17:30 - 20:30 DTC Rm. 472

Instructor

Susan Stuart

Course Outline

TBD

Cost

$509.97

Learning Outcomes

Upon successful completion, the student will be able to:

  • Identify the roles of the management accountant in the organization's planning and control functions.
  • Prepare financial statements for a manufacturing organization.
  • Define and differentiate between a variety of terms used in cost and managerial accounting.
  • Distinguish between job-order, process costing and activity based costing systems with regard to the methods of accumulating costs.
  • Develop predetermined manufacturing overhead rates for application to jobs.
  • Illustrate the flow of costs through a job cost system.
  • Determine and implement alternative methods of dealing with under-or over-applied overhead.
  • Analyze the effects of changes in prices, volumes, and cost structures on organizational profitability and do sensitivity analysis of these relationships.
  • Complete all the budgets and supporting schedules required in the preparation of a master budget.
  • Apply the concepts of responsibility accounting to management evaluation and control.
  • Prepare performance reports incorporating flexible budgets.
  • Develop standard costs for direct materials, direct labour, variable and fixed overhead and compute the appropriate variances.
  • Evaluate and implement the decision of whether or not to investigate a variance.
  • Evaluate the effects of alternative methods of inventory-costing.
  • Evaluate the effects of alternative denominator activity levels in absorption costing.
  • Describe and implement alternative methods of disposing of variances at year end.

Related Programs

FMGT 3210 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time   Diploma
  2. Advanced Business Management
    Part-time/Distance & Online Learning   Certificate
  3. Computerized Accounting
    Part-time   Associate Certificate
  4. Finance
    Full-time   Diploma
  5. Financial Management (Finance Option)
    Part-time   Certificate
  6. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  7. Financial Planning
    Full-time   Diploma

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Spring/Summer 2016

Books for Spring/Summer 2016 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Cost Accounting: A Managerial Emphasis, Seventh Canadian Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (7th Edition)
Author Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Louis Beaubien, Chris Graham
Publisher Pearson Canada
Copyright 2016
Binding Hardcover
ISBN 978-0-13392-915-7
Price $190.50
Required

Image not available
Ebook Cost Accounting Digital Option (180 Days)
Author Horngren
Publisher Ph
Copyright 2015
Binding Digital Version
ISBN 978-0-13392-633-0
Price $93.95
Required

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Cost Accounting: A Managerial Emphasis, Seventh Canadian Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (7th Edition)
Author Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Louis Beaubien, Chris Graham
Publisher Pearson Canada
Copyright 2016
Binding Hardcover
ISBN 978-0-13392-915-7
Price $190.50
Choose One

Image not available
Ebook Cost Accounting Digital Option (180 Days)
Author Horngren
Publisher Ph
Copyright 2015
Binding Digital Version
ISBN 978-0-13392-633-0
Price $93.95
Choose One

Fall 2016

No information on books is currently available for Fall 2016 offerings of this course.

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The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Freedom of Information and Protection of Privacy.

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Registration News

Registration is now open for the Spring/Summer 2016 term.

Web registration is now open for the Fall 2016 term. Both returning students and new students are encouraged to use the Web to register.

Students may also register by phone, mail or in-person, starting Mon, May 30 at 8:00 am (PDT).

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Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

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