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Accounting 1 FMGT 1100

Financial Management Part-time Studies Course

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 2022

Below is one offering of FMGT 1100 for the Spring/Summer 2022 term.

CRN 66760

Duration

Wed Jun 01 - Wed Aug 17 (12 weeks)

  • 12 weeks
  • CRN 66760
  • $541.66
Class meeting times
Dates Days Times Locations
Jun 01 - Jul 06 Wed 18:00 - 21:15 Online
Jul 13 Wed 18:00 - 21:15 Burnaby SE06 Rm. 204
Jul 20 - Aug 10 Wed 18:00 - 21:15 Online
Aug 17 Wed 18:00 - 21:15 Burnaby SE06 Rm. 204
Instructor

Kristine Thompson

Course outline

View

Credits

4

Cost

$541.66

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates WILL BE HELD IN-CLASS at the Burnaby Campus: Midterm: July 13th & Final: August 17th. 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

In Progress

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

Fall 2022

Below are 11 offerings of FMGT 1100 for the Fall 2022 term.

CRN 48953

Duration

Tue Sep 06 - Sat Nov 26 (12 weeks)

  • 12 weeks
  • CRN 48953
  • $543.83
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 26 N/A N/A Online
Oct 20 Thu 18:00 - 20:30 Burnaby SE06 Rm. 205
Nov 24 Thu 18:00 - 20:30 Burnaby SE06 Rm. 205
Instructor

Deborah Schell

Course outline

View

Credits

4

Cost

$543.83

Important information
  1. Exams will be held during class times IN PERSON at the Burnaby Campus. Specific exam dates will be released in the near future. 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.
Status

CRN 30749

Duration

Wed Sep 07 - Wed Nov 23 (12 weeks)

  • 12 weeks
  • CRN 30749
  • $540.89
Class meeting times
Dates Days Times Locations
Sep 07 - Nov 23 Wed 09:00 - 12:15 Downtown DTC Rm. 481
Instructor

John Little

Course outline

View

Credits

4

Cost

$540.89

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. 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

Seats Available

4 seats remaining as of Wed August 17, 2022 at 3:52 am (PDT). Availability may change at any time.

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

Barb Fellnermayr

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. 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

CRN 30750

Duration

Sat Sep 10 - Sat Oct 08 (5 weeks)

  • 5 weeks
  • CRN 30750
  • $553.75
Class meeting times
Dates Days Times Locations
Sep 10 - Oct 08 Sat 09:00 - 17:15 Online
Sep 24 Sat 09:00 - 17:15 Burnaby SE06 Rm. 204
Oct 08 Sat 13:00 - 17:15 Burnaby SE06 Rm. 204
Instructor

Murray Livergant

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: September 24th Final: 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. Late registration is not allowed for this section. 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 30751

Duration

Sat Sep 10 - Sat Nov 26 (12 weeks)

  • 12 weeks
  • CRN 30751
  • $553.75
Class meeting times
Dates Days Times Locations
Sep 10 - Nov 19 Sat 09:00 - 12:15 Online
Oct 22 Sat 09:00 - 12:15 Burnaby SW01 Rm. 2030
Nov 26 Sat 09:00 - 12:15 Burnaby SW01 Rm. 2030
Instructor

Gary Nitikman

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 22nd and Final: November 26th. 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

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 SW03 Rm. 3615
Instructor

Monty Chew

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. 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

CRN 33245

Duration

Mon Sep 12 - Mon Oct 24 (7 weeks)

  • 7 weeks
  • CRN 33245
  • $540.89
Class meeting times
Dates Days Times Locations
Sep 12 - Oct 24 Mon, Thu 17:30 - 20:45 Downtown DTC Rm. 483
Instructor

Buster Kruse

Course outline

View

Credits

4

Cost

$540.89

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Class WILL NOT be held on Monday, October 10th (Thanksgiving). Class will be held online on Thursday, October 13th. 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 33246

Duration

Mon Sep 12 - Mon Oct 24 (7 weeks)

  • 7 weeks
  • CRN 33246
  • $553.75
Class meeting times
Dates Days Times Locations
Sep 12 - Oct 24 Mon, Thu 18:30 - 21:45 Online
Oct 03 Mon 18:30 - 21:45 Burnaby SE06 Rm. 204
Oct 24 Mon 18:30 - 21:45 Burnaby SE06 Rm. 204
Instructor

Murray Livergant

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 3rd Final: October 24th Class WILL NOT be held on Monday, October 10th (Thanksgiving). 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 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 SE06 Rm. 205
Instructor

Chandan Johal

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. 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 30746

Duration

Tue Sep 06 - Tue Nov 22 (12 weeks)

  • 12 weeks
  • CRN 30746
  • $553.75
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 15 Tue 18:30 - 21:45 Online
Oct 18 Tue 18:30 - 21:45 Burnaby SW01 Rm. 2030
Nov 22 Tue 18:30 - 21:45 Burnaby SW01 Rm. 2030
Instructor

Gary Nitikman

Course outline

View

Credits

4

Cost

$553.75

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 18th and Final: November 22nd. 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

Full

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

CRN 48952

Duration

Tue Sep 06 - Sat Nov 26 (12 weeks)

  • 12 weeks
  • CRN 48952
  • $543.83
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 26 N/A N/A Online
Oct 17 Mon 18:00 - 20:30 Burnaby SE06 Rm. 204
Nov 21 Mon 18:00 - 20:30 Burnaby SE06 Rm. 205
Instructor

Bernadette Edwards

Course outline

View

Credits

4

Cost

$543.83

Important information
  1. Exams will be held during class times IN PERSON at the Burnaby Campus. Specific exam dates will be released in the near future. 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.
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

  1. Accounting
    Diploma Part-time
  2. Advanced Marketing Management
    Certificate Part-time
  3. Business Administration
    Associate Certificate Part-time
  4. Business Administration (General Option)
    Diploma Part-time
  5. Business Administration (Global Studies Option)
    Diploma Part-time
  6. Business Administration (Human Resources Option)
    Diploma Part-time
  7. Business Administration (Management Option)
    Diploma Part-time
  8. Business Administration (Marketing Option)
    Diploma Part-time
  9. Business Fundamentals
    Associate Certificate Full-time
  10. Business Management
    Certificate Part-time
  11. Business Management
    Diploma Full-time
  12. Computerized Accounting
    Associate Certificate Part-time
  13. Finance
    Diploma Part-time
  14. Financial Management (Finance Option)
    Certificate Part-time
  15. Financial Management (Professional Accounting Option)
    Certificate Part-time
  16. Financial Planning
    Diploma Part-time
  17. Human Resource Management
    Diploma Full-time
  18. Marketing Management (Marketing Communications Option)
    Certificate Part-time
  19. Marketing Management (Professional Sales Option)
    Certificate Part-time
  20. Marketing Management
    Certificate Part-time
  21. Marketing Management - Entrepreneurship
    Associate Certificate Part-time
  22. Payroll and Human Resources
    Associate Certificate Part-time

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