This course will involve the participant with aspects of accounting that impact on their roles as employee/managers within a technical organization. The course introduces the participant to as many accounting concepts, principles and the practical application of these principles as possible and it enhances their awareness and understanding of such areas as the balance sheet, the income statement, accounting systems, and the use that can be made of such accounting information. (1.0 Credit)
IMPORTANT: YOU MUST COMPLETE TMGT 7122 PRIOR TO TAKING TMGT 7121. This course forms part of the Bachelor of Technology in Technology Management Degree Program. You may proceed to register for these courses online, or by contacting Student Information and Enrolment Services (SIES) at 604-434-1610 or 1-866-434-1610 Toll-Free (Canada and US only). You may register for TMGT courses prior to applying to the program, with the understanding that taking these courses prior to applying, does not guarantee you acceptance into the program. If you wish to apply to the program, please submit in your application, resume and transcripts directly to the Program Administrator. Enquiries may be directed to the Program Administrator at firstname.lastname@example.org IMPORTANT COURSE MATERIAL INFORMATION: Course material for the CLASSROOM TMGT courses are accessed through Desire2Learn (D2L). To access your course material, go to the following link: www.bcit.ca/learn/ You are encouraged to take The Desire2Learn - Guided Tour (found on the right side of the page) prior to the start of your course. Your USERNAME is your student ID (A00... number), and your PASSWORD is the same as your myBCIT password. If you experience technical difficulties during this course, please contact the Technology Service Desk at email: email@example.com or phone: 604-412-7444 (option 2), or Toll Free at 1-800-351-5533. NOTE: Your course material will be available for downloading 3 days prior to the start of your class. BE SURE TO BRING YOUR COURSE MATERIAL TO YOUR FIRST CLASS.
Upon successful completion, the candidate will be able to:
Describe what accounting is and why it is important for managers to have an understanding of accounting.
Analyze and record basic transactions into appropriate account classifications, prepare a Trial balance and a simple set of Financial Statements.
Evaluate a company's financial condition using ratio and analysis.
Describe the differences and similarities between Financial Accounting and Managerial Accounting.
Describe various costs classifications and explain how they react to changes in activity.
Analyze costs in order to make better management decisions.
TMGT 7122 is offered as a part of the following programs: