- International Fees
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
This course covers the full accounting cycle for individuals with little or no accounting background. Topics include accounting as an information system; introduction to accounting theory; income measure; traditional record keeping; the accounting cycle; cash and financial statements.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
4.0
Domestic fees
$588.39 - $603.05 See individual course offerings below for actual costs.
Learning Outcomes
Upon successful completion of the course, the student will be able to:
- Describe the nature and purpose of accounting information including its limitations and basic concepts.
- Apply generally accepted accounting principles in the analysis and recording of business transactions.
- Apply the basic principles of double-entry bookkeeping to record transactions for both a service and a merchandising business.
- Prepare a trial balance.
- Analyze and record adjusting journal entries.
- Prepare financial statements (Income Statement, Statement of Owner's Equity and the Balance Sheet) for a service business and merchandising business.
- Prepare closing journal entries and close a set of books.
- Describe and differentiate the three forms of business organization.
- Determine the value of ending inventories under alternative generally accepted accounting methods.
- Apply estimating techniques to value ending inventories for interim financial statements and to estimate inventory shortages.
Effective as of Fall 2012
Related Programs
Accounting 1 (FMGT 1100) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Accounting
Diploma Part-time
- Business Administration
Associate Certificate Part-time
- Business Fundamentals
Associate Certificate Full-time
- Business Management
Certificate Part-time
- Computerized Accounting
Associate Certificate Part-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Financial Planning
Diploma Part-time
- Marketing Management
Certificate Part-time
- Marketing Management (Marketing Communications Option)
Certificate Part-time
- Marketing Management (Professional Sales Option)
Certificate Part-time
- Marketing Management - Entrepreneurship
Associate Certificate Part-time
- Payroll Administration
Certificate Part-time
- Payroll and Human Resources
Associate Certificate Part-time
Course Offerings
Winter 2026
Below are nine offerings of FMGT 1100 for the Winter 2026 term.
CRN 12955
Dates
Jan 05 - Mar 30 Loading
- CRN 12955
- $588.39 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Mar 30 | Mon | 17:30 - 20:45 | Downtown DTC Rm. 483 |
Duration
12 weeks
Instructor
Mandeep Mann
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held Monday, February 16th (Family Day). This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set.
Status
CRN 87703
Dates
Jan 05 - Mar 30 Loading
- CRN 87703
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Mar 30 | Mon | 18:00 - 21:15 | Burnaby SW01 Rm. 3150 |
Duration
12 weeks
Instructor
Philip Jaling
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held Monday, February 16th (Family Day). This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 90364
Dates
Jan 05 - Mar 28 Loading
- CRN 90364
- $603.05 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
Bernadette Edwards
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-PERSON at the Burnaby Campus. Midterm: Wednesday, February 18, 2026 (18:00 - 21:00) and Final: Saturday, March 28, 2026 ( 10:00 - 13:00). This course is asynchronous, but not self-paced. Students must complete the assignments as shown on the course schedule. Accounting 1 students require ONLY volume 1 of Weygandt: Accounting Principles. However, those that plan to continue to FMGT 2100: Accounting 2 are advised to purchase volumes 1 and 2. This course may not be audited. Please email any questions regarding this section to FMGT_Online@bcit.ca.
Status
CRN 44395
Dates
Jan 07 - Mar 25 Loading
- CRN 44395
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Wed | 17:30 - 20:45 | Burnaby SW01 Rm. 3150 |
Duration
12 weeks
Instructor
Nina Eckert
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 45069
Dates
Jan 07 - Mar 25 Loading
- CRN 45069
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Wed | 13:30 - 16:20 | Burnaby SW03 Rm. 1750 |
Duration
12 weeks
Instructor
Barbara Fellnermayr
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Please note that this section is part of the Business Fundamentals (BFUN) Program (www.bcit.ca/study/programs/7985acert). As this is the case, the course will be taught in a way that accommodates the needs of English Language Learners. Please direct any inquiries to bfun@bcit.ca.
Status
CRN 92838
Dates
Jan 07 - Apr 08 Loading
- CRN 92838
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Apr 08 | Wed | 14:30 - 17:20 | Burnaby SE06 Rm. 108 |
Duration
13 weeks
Instructor
Shannon Wong
Course outline
Important information
- Departmental approval needed
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held on Wednesday, Mar. 11, 2026. This section is reserved for full-time students. Registration Approval Required. Please contact the Program Assistant (fmgtpts@bcit.ca) for registration approval. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 47575
Dates
Jan 08 - Feb 19 Loading
- CRN 47575
- $603.05 Domestic fees
Class meeting times
Duration
6 weeks
Instructor
Murray Livergant
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held Monday, February 16th (Family Day). The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Midterm: Thursday, January 29, 2026 (18:30 - 21:45) and Final: Thursday, February 19, 2026 (18:30 - 21:45) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Attendance for the in-person exams/classes is MANDATORY. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 14638
Dates
Jan 10 - Mar 28 Loading
- CRN 14638
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Mar 28 | Sat | 09:00 - 12:15 | Burnaby SW09 Rm. 117 |
Duration
12 weeks
Instructor
Monty Chew
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 90365
Dates
Jan 15 - Apr 02 Loading
- CRN 90365
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 15 - Apr 02 | Thu | 18:00 - 21:15 | Burnaby SE06 Rm. 208 |
Duration
12 weeks
Instructor
Nina Eckert
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Once the class has reached maximum capacity, no further enrollment will be permitted.
Status
Spring/Summer 2026
Below are nine offerings of FMGT 1100 for the Spring/Summer 2026 term.
CRN 20404
Dates
Apr 07 - Jun 23 Loading
- CRN 20404
- $603.05 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
Gary Nitikman
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus and are mandatory. Mid-Term: Tuesday, May 19, 2026 (18:30 - 21:45), Mid-Term Exam De-Brief: Tuesday, May 26, 2026 (18:30 - 21:45) and Final: Tuesday, June 23, 2026 (18:30 - 21:45). This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Attendance for the in-person exams/classes is MANDATORY. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set.
Status
CRN 68590
Dates
Apr 07 - Jun 27 Loading
- CRN 68590
- $603.05 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
Bernadette Edwards
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-PERSON at the Burnaby Campus. Midterm: Saturday, May 23, 2026 (10:00 13:30) and Final: Saturday, June 27, 2026 ( 14:00 - 16:30) This course is asynchronous, but not self-paced. Students must complete the assignments as shown on the course schedule. Accounting 1 students require ONLY volume 1 of Weygandt: Accounting Principles. However, those that plan to continue to FMGT 2100: Accounting 2 are advised to purchase volumes 1 and 2. This course may not be audited. Please email any questions regarding this section to FMGT_Online@bcit.ca.
Status
CRN 20405
Dates
Apr 08 - Jun 24 Loading
- CRN 20405
- $588.39 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 08 - Jun 24 | Wed | 17:30 - 20:45 | Downtown DTC Rm. 460 |
Duration
12 weeks
Instructor
Mandeep Mann
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 20394
Dates
Apr 11 - May 09 Loading
- CRN 20394
- $603.05 Domestic fees
Class meeting times
Duration
5 weeks
Instructor
Barbara Fellnermayr
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set.
Status
CRN 28795
Dates
Apr 11 - May 09 Loading
- CRN 28795
- $588.39 Domestic fees
Class meeting times
Duration
5 weeks
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Downtown Campus and are MANDATORY. Mid-Term: Saturday, April 25, 2026 ( 9:00 - 17:15) and Final: Saturday, May 9, 2026 (13:30 - 17:15) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Attendance for the in-person exams/classes is MANDATORY. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set. Please note that this is condensed version of the course. Late registrations will NOT be allowed for this offering.
Status
CRN 69274
Dates
Apr 13 - Jul 13 Loading
- CRN 69274
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 13 - Jul 13 | Mon | 18:00 - 21:15 | Burnaby SW01 Rm. 4040 |
Duration
12 weeks
Instructor
Chandan Johal
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held on Monday, May 18th (Victoria Day). This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Status
CRN 56754
Dates
Apr 22 - Aug 05 Loading
- CRN 56754
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 22 - Aug 05 | Wed | 13:30 - 16:20 | Burnaby SW03 Rm. 2620 |
Duration
15 weeks
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class will NOT be held on Wednesday, July 1, 2026. This section is part of the Business Fundamentals (BFUN) Program (www.bcit.ca/study/programs/7985acert). As this is the case, the course will be taught in a way that accommodates the needs of English Language Learners. Please send any inquiries to bfun@bcit.ca.
Status
CRN 20401
Dates
Apr 27 - Jun 08 Loading
- CRN 20401
- $603.05 Domestic fees
Class meeting times
Duration
7 weeks
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held on Monday, May 18th (Victoria Day). The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Thursday, May 21,2026 (18:30 - 21:45) and Final: Monday, June 8, 2026 ( 18:30 - 21:45) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Attendance for the in-person exams/classes is MANDATORY. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set.
Status
CRN 66760
Dates
May 28 - Aug 20 Loading
- CRN 66760
- $603.05 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 28 - Aug 20 | Thu | 18:00 - 21:00 | Burnaby NE01 Rm. 406 |
Duration
13 weeks
Instructor
Kristine Thompson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class. Accounting 1 students require ONLY Volume 1 of the text by Wiley, however, if students are planning to continue into FMGT 2100 - Accounting 2, they are advised to purchase the 2 Volume set.
Status
Programs and courses are subject to change without notice.