Course details
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
Cost
$540.89 - $553.75 See individual course offerings below for actual costs.
Course offerings
Fall 2022
Below are five offerings of FMGT 1100 for the Fall 2022 term.
CRN 30746
Duration
Tue Sep 06 - Tue Nov 29 (12 weeks)
- 12 weeks
- CRN 30746
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 06 - Oct 18 | Tue | 18:30 - 21:45 | Online |
| Oct 25 | Tue | 18:30 - 21:45 | Burnaby SW01 Rm. 1025 |
| Nov 01 - Nov 22 | Tue | 18:30 - 21:45 | Online |
| Nov 29 | Tue | 18:30 - 21:45 | Burnaby SW01 Rm. 2016 |
Instructor
Gary Nitikman
Course outline
Credits
4
Cost
$553.75
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.
-
The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 25th and Final: November 29th. Class WILL NOT be held on Tuesday, October 4th. 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. 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. 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.
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 34697
Duration
Wed Sep 07 - Wed Dec 14 (15 weeks)
- 15 weeks
- CRN 34697
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 07 - Dec 14 | Wed | 13:30 - 16:20 | Burnaby SW03 Rm. 2620 |
Instructor
Murray Livergant
Course outline
Credits
4
Cost
$553.75
Important information
-
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. If you have any questions, please contact the Program Assistant, Sarah Chanway at schanway@bcit.ca.
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 30751
Duration
Sat Sep 10 - Sat Dec 03 (12 weeks)
- 12 weeks
- CRN 30751
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 10 - Oct 22 | Sat | 09:00 - 12:15 | Online |
| Oct 29 | Sat | 09:00 - 12:15 | Burnaby SW01 Rm. 2030 |
| Nov 05 - Nov 26 | Sat | 09:00 - 12:15 | Online |
| Dec 03 | Sat | 09:00 - 12:15 | Burnaby SW01 Rm. 2030 |
Instructor
Gary Nitikman
Course outline
Credits
4
Cost
$553.75
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.
-
The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 29th and Final: December 3rd. Class WILL NOT be held on Saturday, October 8th. 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. 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 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
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 30744
Duration
Mon Sep 12 - Mon Dec 05 (12 weeks)
- 12 weeks
- CRN 30744
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Dec 05 | Mon | 18:30 - 21:45 | Burnaby |
Instructor
TBD
Course outline
Credits
4
Cost
$553.75
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.
-
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. Class WILL NOT be held on Monday, October 10th (Thanksgiving)
Status
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 46334
Duration
Wed Sep 14 - Wed Nov 30 (12 weeks)
- 12 weeks
- CRN 46334
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 14 - Nov 30 | Wed | 18:00 - 21:15 | Burnaby |
Instructor
TBD
Course outline
Credits
4
Cost
$553.75
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.
-
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
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
Winter 2023
Below are 10 offerings of FMGT 1100 for the Winter 2023 term.
CRN 78437
Duration
Wed Jan 04 - Wed Mar 22 (12 weeks)
- 12 weeks
- CRN 78437
- $540.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Mar 22 | Wed | 09:00 - 12:15 | Downtown DTC Rm. 483 |
Instructor
John Little
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$540.89
Important information
-
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
Duration
Wed Jan 04 - Sat Mar 25 (12 weeks)
- 12 weeks
- CRN 90364
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Feb 11 | N/A | N/A | Online |
| Feb 18 | Sat | 10:00 - 12:30 | Burnaby SW01 Rm. 2005 |
| Feb 25 - Mar 18 | N/A | N/A | Online |
| Mar 25 | Sat | 10:00 - 12:30 | Burnaby SW01 Rm. 2005 |
Instructor
Bernadette Edwards
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
Exams will be held IN PERSON at the Burnaby Campus as indicated above. 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 90365
Duration
Wed Jan 04 - Sat Mar 25 (12 weeks)
- 12 weeks
- CRN 90365
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Jan 09 | N/A | N/A | Online |
| Feb 16 | Thu | 18:00 - 20:30 | Burnaby SE06 Rm. 205 |
| Feb 23 - Mar 25 | N/A | N/A | Online |
| Mar 23 | Thu | 18:00 - 20:30 | Burnaby SE06 Rm. 205 |
Instructor
Deborah Schell
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
Exams will be held IN PERSON at the Burnaby Campus as indicated above. 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 47575
Duration
Thu Jan 05 - Mon Feb 13 (6 weeks)
- 6 weeks
- CRN 47575
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Jan 23 | Mon, Thu | 18:30 - 21:45 | Online |
| Jan 26 | Thu | 18:30 - 21:45 | Burnaby SW01 Rm. 2045 |
| Jan 30 - Feb 09 | Mon, Thu | 18:30 - 21:45 | Online |
| Feb 13 | Mon | 18:30 - 21:45 | Burnaby SW01 Rm. 2020 |
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: January 26th Final: February 13th 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. 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 12965
Duration
Sat Jan 07 - Sat Feb 04 (5 weeks)
- 5 weeks
- CRN 12965
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Jan 14 | Sat | 09:00 - 17:15 | Online |
| Jan 21 | Sat | 09:00 - 12:00 | Burnaby SE06 Rm. 204 |
| Jan 21 | Sat | 13:00 - 17:00 | Burnaby SE06 Rm. 204 |
| Jan 28 | Sat | 09:00 - 17:15 | Online |
| Feb 04 | Sat | 09:00 - 12:00 | Online |
| Feb 04 | Sat | 13:00 - 17:15 | Burnaby SE06 Rm. 204 |
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: January 21st Final: February 4th 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. 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
Duration
Sat Jan 07 - Sat Mar 25 (12 weeks)
- 12 weeks
- CRN 14638
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Sat | 09:00 - 12:15 | Burnaby SW01 Rm. 2020 |
Instructor
Monty Chew
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
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 12955
Duration
Mon Jan 09 - Mon Apr 03 (12 weeks)
- 12 weeks
- CRN 12955
- $540.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 09 - Feb 13 | Mon | 17:30 - 20:45 | Online |
| Feb 27 | Mon | 17:30 - 20:45 | Downtown DTC Rm. 840 |
| Mar 06 - Mar 27 | Mon | 17:30 - 20:45 | Online |
| Apr 03 | Mon | 17:30 - 20:45 | Downtown DTC Rm. 840 |
Instructor
Mandeep Mann
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$540.89
Important information
-
The following dates will be HELD IN-CLASS at the Downtown Campus. Midterm: February 27th Final: April 3rd 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. 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. Class WILL NOT be held Monday, Feb. 20th (Family Day).
Status
CRN 44395
Duration
Mon Jan 09 - Mon Apr 03 (12 weeks)
- 12 weeks
- CRN 44395
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 09 - Apr 03 | Mon | 17:30 - 20:45 | Burnaby SE06 Rm. 207 |
Instructor
John Little
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
Class WILL NOT be held Monday, Feb. 20th (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 12959
Duration
Tue Jan 10 - Tue Mar 28 (12 weeks)
- 12 weeks
- CRN 12959
- $540.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Feb 14 | Tue | 13:00 - 16:00 | Online |
| Feb 21 | Tue | 13:00 - 16:00 | Downtown DTC Rm. 460 |
| Feb 28 - Mar 21 | Tue | 13:00 - 16:00 | Online |
| Mar 28 | Tue | 13:00 - 16:00 | Downtown DTC Rm. 460 |
Instructor
Peter Goel
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$540.89
Important information
-
The following dates will be HELD IN-CLASS at the Downtown Campus. Midterm: February 21st Final: March 28th 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. 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.
Status
CRN 45069
Duration
Wed Jan 11 - Wed Apr 19 (15 weeks)
- 15 weeks
- CRN 45069
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 11 - Apr 19 | Wed | 13:30 - 16:20 | Burnaby SE12 Rm. 313 |
Instructor
Barb Fellnermayr
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
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 the Program Assistant, Sarah Chanway, at sarah_chanway@bcit.ca.
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
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:
School of Business + Media
- Accounting
Diploma Part-time
- Advanced Marketing Management
Certificate Part-time
- Business Administration
Associate Certificate Part-time
- Business Administration (General Option)
Diploma Part-time
- Business Administration (Global Studies Option)
Diploma Part-time
- Business Administration (Human Resources Option)
Diploma Part-time
- Business Administration (Management Option)
Diploma Part-time
- Business Administration (Marketing Option)
Diploma Part-time
- Business Fundamentals
Associate Certificate Full-time
- Business Management
Certificate Part-time
- Business Management
Diploma Full-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
- Human Resource Management
Diploma Full-time
- Marketing Management (Marketing Communications Option)
Certificate Part-time
- Marketing Management (Professional Sales Option)
Certificate Part-time
- Marketing Management
Certificate Part-time
- Marketing Management - Entrepreneurship
Associate Certificate Part-time
- Payroll and Human Resources
Associate Certificate Part-time
Subscribe
Interested in being notified about future offerings of Accounting 1 (FMGT 1100)? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.
Programs and courses are subject to change without notice.