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
Spring/Summer 2023
Below are nine offerings of FMGT 1100 for the Spring/Summer 2023 term.
CRN 20405
Duration
Wed Apr 05 - Wed Jun 21 (12 weeks)
- 12 weeks
- CRN 20405
- $540.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 05 - Jun 21 | Wed | 17:30 - 20:45 | Downtown DTC Rm. 385 |
Instructor
Chandan Johal
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. Students are advised to purchase the textbook prior to the first class at etiher the Burnaby or downtown campus bookstores. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status
CRN 20404
Duration
Tue Apr 11 - Tue Jun 27 (12 weeks)
- 12 weeks
- CRN 20404
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 11 - May 16 | Tue | 18:30 - 21:45 | Online |
| May 23 | Tue | 18:30 - 21:45 | Burnaby SE06 Rm. 205 |
| May 30 - Jun 20 | Tue | 18:30 - 21:45 | Online |
| Jun 27 | Tue | 18:30 - 21:45 | Burnaby SE06 Rm. 205 |
Instructor
Gary Nitikman
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: Tuesday, May 23rd Final: Tuesday, June 27th 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 68590
Duration
Tue Apr 11 - Fri Jun 30 (12 weeks)
- 12 weeks
- CRN 68590
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 11 - Jun 30 | N/A | N/A | Online |
| May 27 | Sat | 10:00 - 12:30 | Burnaby SW01 Rm. 2005 |
| Jun 27 | Tue | 18:00 - 21:30 | Burnaby SE06 Rm. 207 |
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 noted 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 68591
Duration
Tue Apr 11 - Fri Jun 30 (12 weeks)
- 12 weeks
- CRN 68591
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 11 - Jun 30 | N/A | N/A | Online |
| May 25 | Thu | 18:00 - 21:30 | Burnaby SE06 Rm. 204 |
| Jun 29 | Thu | 18:00 - 21:30 | 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 noted 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 20394
Duration
Sat Apr 15 - Sat May 13 (5 weeks)
- 5 weeks
- CRN 20394
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 15 - May 13 | Sat | 09:00 - 17:15 | Burnaby SW03 Rm. 1710 |
Instructor
Barb Fellnermayr
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Status
CRN 28795
Duration
Sat Apr 15 - Sat May 13 (5 weeks)
- 5 weeks
- CRN 28795
- $540.89
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 15 - Apr 22 | Sat | 09:00 - 17:15 | Online |
| Apr 29 | Sat | 09:00 - 17:15 | Downtown DTC Rm. 385 |
| May 06 | Sat | 09:00 - 17:15 | Online |
| May 13 | Sat | 09:00 - 11:15 | Online |
| May 13 | Sat | 13:30 - 17:15 | Downtown DTC Rm. 385 |
Instructor
Murray Livergant
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: Saturday, April 29th Final: Saturday, May 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…. Please note that this is condensed version of the course. Late registrations will NOT be allowed for this offering.
Status
CRN 20401
Duration
Mon Apr 17 - Mon May 29 (7 weeks)
- 7 weeks
- CRN 20401
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 17 - May 04 | Mon, Thu | 18:30 - 21:45 | Online |
| May 08 | Mon | 18:30 - 21:45 | Burnaby SE06 Rm. 205 |
| May 11 - May 25 | Mon, Thu | 18:30 - 21:45 | Online |
| May 29 | Mon | 18:30 - 21:45 | Burnaby SE06 Rm. 205 |
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: Monday, May 8th Final: Monday, May 29th 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 on Monday, May 22nd (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
Duration
Wed May 03 - Wed Aug 09 (15 weeks)
- 15 weeks
- CRN 56754
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 03 - Aug 09 | Wed | 13:30 - 16:20 | Burnaby SE06 Rm. 208 |
Instructor
Randy Robinson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
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. Please direct any inquiries to the Program Assistant, Sarah Chanway, at sarah_chanway@bcit.ca.
Status
CRN 66760
Duration
Mon May 29 - Mon Jul 10 (7 weeks)
- 7 weeks
- CRN 66760
- $553.75
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 29 - Jul 10 | Mon, Wed | 18:00 - 21:15 | Burnaby SW01 Rm. 2009 |
Instructor
Kristine Thompson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$553.75
Important information
-
Class WILL NOT be held on Monday, July 3rd (In lieu of Canada 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
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:
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- Advanced Marketing Management
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- Business Administration
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- Business Management
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- Computerized Accounting
Associate Certificate Part-time
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- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
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- Human Resource Management
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- Marketing Management
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- Marketing Management (Marketing Communications Option)
Certificate Part-time
- Marketing Management (Professional Sales Option)
Certificate Part-time
- Marketing Management - Entrepreneurship
Associate Certificate Part-time
- Payroll and Human Resources
Associate Certificate Part-time
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