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

$467.95 - $467.98 See individual course offerings below for actual costs.

Spring/Summer 2014

Below are four offerings of this course for the Spring/Summer 2014 term.

CRN 21039

Start any time

This is a distance education course. Start any time during the Spring/Summer 2014 term. You have 30 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$467.95

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 education course. Start any time during the Spring/Summer 2014 term. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

TBD

Cost

$85.01

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. Call Ruth MacKay at 604-412-7417 or e-mail 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 20418

Wed Apr 09 - Wed Jul 02 13 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 09 - Jul 02 Wed 18:30 - 21:30 BBY SE12 Rm. 313

Instructor

Randy Robinson

Course Outline

Cost

$467.98

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 20419

Sat Apr 12 - Sat Jul 05 13 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 12 - Jul 05 Sat 09:00 - 12:00 DTC Rm. 483

Instructor

Ron Messer

Course Outline

Cost

$467.98

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. Class WILL BE held on Saturday, April 19 (Easter weekend), and Saturday, May 17 (Victoria Day weekend)

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

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. Finance
    Full-time   Diploma
  3. Financial Management (Finance Option)
    Part-time   Certificate
  4. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  5. 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 2014

Books for Spring/Summer 2014 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, Sixth Canadian Edition Plus NEW MyAccountingLab with Pearson eText -- Access Card Package (6th Edition)
Author Charles T. Horngren, Srikant M. Datar, George Foster, Madhav T. Rajan, Christopher D. Ittner, Maureen P. Gowing, Steve Janz
Publisher Pearson Education Canada
Copyright 2013
Binding Hardcover
ISBN 978-0-13338-940-1
Price $180.95
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, Sixth Canadian Edition Plus NEW MyAccountingLab with Pearson eText -- Access Card Package (6th Edition)
Author Charles T. Horngren, Srikant M. Datar, George Foster, Madhav T. Rajan, Christopher D. Ittner, Maureen P. Gowing, Steve Janz
Publisher Pearson Education Canada
Copyright 2013
Binding Hardcover
ISBN 978-0-13338-940-1
Price $180.95
Required

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