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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

This course is the second of two designed to provide first year students with a general understanding of the nature, purpose and general procedures of accounting. The course examines notes and accounts receivables; capital assets; liabilities; partnerships; corporations and consolidations; international transactions; financial statement analysis; and cash flow statements.

Prerequisite(s)

Credits

5.5

Cost

$718.85 - $732.60 See individual course offerings below for actual costs.

Course offerings

Fall 2023

Below are seven offerings of FMGT 2100 for the Fall 2023 term.

CRN 30756

Duration

Sat Oct 21 - Sat Dec 09 (7 weeks)

  • 7 weeks
  • CRN 30756
  • $732.60
Class meeting times
Dates Days Times Locations
Oct 21 - Nov 11 Sat 09:00 - 17:00 Online
Nov 18 Sat 09:00 - 17:00 Burnaby SE06 Rm. 207
Nov 25 - Dec 02 Sat 09:00 - 17:00 Online
Dec 09 Sat 09:00 - 17:00 Burnaby SE06 Rm. 207
Instructor

Murray Livergant

Course outline

View

Credits

5.5

Cost

$732.60

Important information
  1. Class WILL NOT be held on Saturday, November 11th (Remembrance Day). Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide WileyPlus information in the first class. 2. The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: Saturday, November 18th, Final: Saturday, December 9th. 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 33248

Duration

Thu Oct 26 - Mon Dec 11 (7 weeks)

  • 7 weeks
  • CRN 33248
  • $732.60
Class meeting times
Dates Days Times Locations
Oct 26 - Nov 16 Mon, Thu 18:00 - 22:00 Online
Nov 20 Mon 18:00 - 22:00 Burnaby SW01 Rm. 2020
Nov 23 - Dec 07 Mon, Thu 18:00 - 22:00 Online
Dec 11 Mon 18:00 - 22:00 Burnaby SW01 Rm. 2020
Instructor

Murray Livergant

Course outline

View

Credits

5.5

Cost

$732.60

Important information
  1. Class WILL NOT be held on Monday, November 13th (In lieu of Remembrance Day). 2. The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: Monday, November 20th (18:00 – 22:00), Final: Monday, December 11th (18:00 – 22:00). 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. 3. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide WileyPlus information in the first class.
Status

CRN 33249

Duration

Wed Sep 06 - Wed Nov 29 (13 weeks)

  • 13 weeks
  • CRN 33249
  • $718.85
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 29 Wed 13:00 - 17:00 Downtown DTC
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$718.85

Important information
  1. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide WileyPlus information in the first class.
Status

Cancelled

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 36465

Duration

Wed Sep 06 - Wed Nov 29 (13 weeks)

  • 13 weeks
  • CRN 36465
  • $732.60
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 29 Wed 14:30 - 18:30 Burnaby SE06 Rm. 102
Instructor

Randy Robinson

Course outline

View

Credits

5.5

Cost

$732.60

Important information
  1. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide 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.

CRN 31287

Duration

Sat Sep 09 - Sat Dec 16 (13 weeks)

  • 13 weeks
  • CRN 31287
  • $732.60
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 16 Sat 09:00 - 13:00 Burnaby SW03 Rm. 1750
Instructor

Barb Fellnermayr

Course outline

View

Credits

5.5

Cost

$732.60

Important information
  1. Class WILL NOT be held on Saturday, September 30th (National Day for Truth and Reconciliation) & Saturday, November 11th (Remembrance Day). Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide 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.

CRN 48955

Duration

Mon Sep 11 - Sat Dec 09 (13 weeks)

  • 13 weeks
  • CRN 48955
  • $732.60
Class meeting times
Dates Days Times Locations
Sep 11 - Dec 09 N/A N/A Online
Oct 28 Sat 10:00 - 12:30 Burnaby SW01 Rm. 2005
Dec 09 Sat 10:00 - 12:30 Burnaby SW01 Rm. 2005
Instructor

Tim Edwards

Course outline

View

Credits

5.5

Cost

$732.60

Important information
  1. 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. This course may not be audited. Accounting 2 students require ONLY volume 2 of Weygandt: Accounting Principles. Please email any questions regarding this section to FMGT_Online@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 30753

Duration

Tue Sep 12 - Tue Dec 05 (13 weeks)

  • 13 weeks
  • CRN 30753
  • $718.85
Class meeting times
Dates Days Times Locations
Sep 12 - Oct 17 Tue 17:30 - 21:30 Online
Oct 24 Tue 17:30 - 21:30 Downtown DTC Rm. 381
Oct 31 - Nov 28 Tue 17:30 - 21:30 Online
Dec 05 Tue 17:30 - 21:30 Downtown DTC Rm. 381
Instructor

Mandeep Mann

Course outline

View

Credits

5.5

Cost

$718.85

Important information
  1. The following dates will be HELD IN-CLASS at the Downtown Campus. Midterm: Tuesday, October 24th (17:30 – 21:30), Final: Tuesday, Dec. 5th (17:30 – 21:30). 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. 2. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. 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. Course instructors will provide 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.

Learning Outcomes

Upon successful completion of this course, the student will able to:

  • Prepare journal and adjusting entries to record transactions in each topic area studied.
  • Apply generally accepted accounting principles and determine how they influence financial reporting.
  • Explain the purpose and need for internal controls and prepare bank reconciliations.
  • Evaluate the nature and management of accounts and notes receivable and the aging of accounts receivables.
  • Analyze the purpose and demonstrate the calculation of amortization on various types of property, plant and equipment using generally accepted accounting principles.
  • Assess the nature and behaviour, of interest bearing instruments such as bonds, notes payable, and notes receivable (both short and long term) while demonstrating appropriate accounting treatments.
  • Describe and differentiate the advantages and disadvantages of a corporation, a partnership and a sole proprietorship as forms of business organization.
  • Demonstrate the accounting required for the shareholders' equity of a corporation including the issuance of shares, the declaration and payment of dividends, and the related effect on Retained Earnings.
  • Evaluate and apply appropriate treatment of extraordinary items, prior period adjustments and accounting changes.
  • Demonstrate the treatments and entries required for a basic payroll system.
  • Describe the nature of consolidated financial statements, and apply appropriate short term and long term investment principles to other forms of investment or ownership.
  • Demonstrate appropriate accounting for a partnership including: addition of partners, allocation of earnings or losses, withdrawal of partners and liquidation of partnerships.
  • Prepare and statement of cash flows under indirect and direct methods. Explain the nature of cash, working capital, and the various sources and uses of cash as it pertains to the management of a business.
  • Analyze financial statements by computing financial ratios and various analysis methods.

Effective as of Fall 2016

Related Programs

Accounting 2 (FMGT 2100) 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. Computerized Accounting
    Associate Certificate Part-time
  4. Finance
    Diploma Part-time
  5. Financial Management (Finance Option)
    Certificate Part-time
  6. Financial Management (Professional Accounting Option)
    Certificate Part-time
  7. Financial Planning
    Diploma Part-time
  8. Fire Executive Management
    BCIT/Industry Partnership Certificate Part-time
  9. Marketing Management (Marketing Communications Option)
    Certificate Part-time
  10. Marketing Management (Professional Sales Option)
    Certificate Part-time

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