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, forecasting, accounting/finance, and decision theory to aid in these critical decisions. The course will consider how differences and changes in the internal operating conditions and in the external political-economic environment can affect a manager's resource allocation decisions. Topics include incremental analysis, short- and long-run decision-making and financial analysis.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
5.0
Registration requirements
Departmental approval is required to register for this course. You must have approval from the department to register. Students accepted into a program can register directly.
Domestic fees
$868.85
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Describe and differentiate the three forms of business organization
- Apply the basic principles of worksheet bookkeeping to record transactions for both a service and a merchandising business, including period-end adjustments
- Identify the internal control principles that apply to cash
- Complete inventory costing using FIFO and weighted average
- 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 2024
Related Programs
Accounting for Management (FMGT 2152) 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 Administration (General Option)
Diploma Part-time
- Business Administration (Global Studies Option)
Diploma Part-time
- Business Administration (Human Resources Option)
Diploma Part-time
- Business Administration (Management Option)
Diploma Part-time
- Business Administration (Marketing Option)
Diploma Part-time
- Business Fundamentals
Associate Certificate Full-time
- Business Information Technology Management
Diploma Full-time
- Global Supply Chain Management
Diploma Full-time
- Marketing Management
Diploma Full-time
- Operations & Management Engineering
Diploma Full-time
Course Offerings
Fall 2026
Below is one offering of FMGT 2152 for the Fall 2026 term.
CRN 48956
Dates
Sep 10 - Nov 02 Loading
- CRN 48956
- $868.85 Domestic fees
Class meeting times
Duration
8 weeks
Instructor
Richard Wong
Course outline
Course outline TBD — see Learning Outcomes in the interim.
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 12th (Thanksgiving). The following dates will be HELD IN-PERSON at the Burnaby Campus and are MANDATORY. Mid-Term: Monday, October 5, 2026 (18:00 - 22:00), Mid-term Debrief: Monday, October 8, 2026 (18:00 - 22:00) and Final: Monday, November 2, 2026 ( 18:00 - 22:00). This is a Bring Your Own Device (BYOD) course. Students are required to use their own laptop during class time. The laptop should be able to be used without the use of a charger, for a minimum of four (4) hours. Computing requirements for the School of Business and Media can be found here: www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf. Information about student discounts on technology products can be found here: www.bcit.ca/it-services/student-discounts/. A desktop computer is not suitable for this course. 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. 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
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
No approval yet? Request approval You must have approval from the department to register. Students accepted into a program can register directly.
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.