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 are two offerings of FMGT 1100 for the Spring/Summer 2022 term.
CRN 56754
Duration
Wed May 04 - Wed Aug 10 (15 weeks)
- 15 weeks
- CRN 56754
- $541.66
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 04 - Aug 10 | Wed | 13:30 - 16:20 | Burnaby SE06 Rm. 208 |
Instructor
Randy Robinson
Course outline
Credits
4
Cost
$541.66
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 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 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
Credits
4
Cost
$541.66
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: 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 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
Credits
4
Cost
$543.83
Important information
-
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
Seats Available
3 seats remaining as of Wed August 10, 2022 at 6:40 am (PDT). Availability may change at any time.
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
Credits
4
Cost
$543.83
Important information
-
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
Credits
4
Cost
$540.89
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
Seats Available
5 seats remaining as of Wed August 10, 2022 at 6:40 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
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
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
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: 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
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 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
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
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
Credits
4
Cost
$540.89
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.
-
Class WILL NOT be held on Monday, October 10th (Thanksgiving) 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
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 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
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
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
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 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.
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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- Marketing Management (Professional Sales Option)
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- Marketing Management
Certificate Part-time
- Marketing Management - Entrepreneurship
Associate Certificate Part-time
- Payroll and Human Resources
Associate Certificate Part-time
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Programs and courses are subject to change without notice.