Course Overview
This course focuses on the context of accounting and the use of accounting information for decision making, planning, and control. It will examine how managers can utilize the tools of economics, accounting/finance, and decision theory to aid in these critical decisions. The course will consider how differences and changes in the internal operating conditions can affect a manager's resource allocation decisions. Topics include worksheet accounting, short-run decision-making and financial analysis.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
4.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Describe and differentiate the three forms of business organization
- Prepare and analyze financial statements
- Apply the basic principles of worksheet bookkeeping to record transactions for both a service and a merchandising business, including period-end adjustments
- Identify capital assets
- Understand, explain, and employ various methods of depreciation
- Define and differentiate between a variety of terms used in cost and managerial accounting
- Apply financial analysis techniques to a company's financial statements
- Analyze and make recommendations in several typical business decision scenarios
- Develop cash budgets
- Identify the components of a master budget and prepare a flexible budget.
- Apply the concepts of responsibility accounting to management evaluation and control.
Effective as of Fall 2025
Related Programs
Accounting for Business Administration (FMGT 2151) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Business + Media
- Business Management
Diploma Full-time
- Business Management - Advanced Diploma
Advanced Diploma Full-time/Part-time
- General Insurance and Risk Management
Diploma Full-time
- Strategic Human Resources Management
Diploma Full-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.