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Accounting for Management FMGT 2152

Financial Management Course

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 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

5.5

Domestic fees

$817.60

Course offerings

Spring/Summer 2024

Below are two offerings of FMGT 2152 for the Spring/Summer 2024 term.

CRN 68604

Duration

Wed Jun 05 - Sat Aug 03 (9 weeks)

  • 9 weeks
  • CRN 68604
  • Domestic fees $817.60
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jun 05 - Aug 03 Sat 09:30 - 12:30 Burnaby SE06 Rm. 103
Jun 05 - Aug 03 Wed 18:00 - 21:00 Online
Instructor

Bernadette Edwards

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$817.60

Important information
  1. Departmental approval needed
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. Please contact the Program Coordinator, Deacon Devlin at: Deacon_Devlin@bcit.ca for registration approval The following dates will be HELD IN-CLASS at the Burnaby Campus: Saturday, June 8th (09:30 -12:30), Saturday, June 15th (09:30 - 12:30), Saturday, June 22nd (09:30 - 12:30), Saturday, June 29th (09:30 - 12:30), Saturday, July 6th (09:30 - 12:30), Saturday, July 13th (09:30 - 12:30), Saturday, July 20th (09:30 – 12:30), Saturday, July 27th (09:30 – 12:30), and Saturday, August 3rd (09:00 – 12:30). The following dates will be ONLINE: Wednesday, June 5th (18:00 – 21:00), Wednesday, June 12th (18:00 – 21:00), Wednesday, June 19th (18:00 – 21:00), Wednesday, June 26th (18:00 – 21:00), Wednesday, July 3rd (18:00 – 21:00), Wednesday, July 10th (18:00 – 21:00), Wednesday, July 17th (18:00 – 21:00), Wednesday, July 24th (18:00 – 21:00), and Wednesday, July 31st. This is a Bring Your Own Device (BYOD) course. Please be advised that you will NEED TO BRING YOUR OWN DEVICE to each in-person class. Please ensure that your device has at least four (4) hours of battery life. 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 Wednesday evenings (18:00 - 21:00) 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 if 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 62381

Duration

Sat Jun 08 - Sat Aug 03 (9 weeks)

  • 9 weeks
  • CRN 62381
  • Domestic fees $817.60
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jun 08 - Jun 15 Sat 09:00 - 12:00 Online
Jun 08 - Jun 15 Sat 13:00 - 16:00 Online
Jun 22 Sat 09:00 - 12:00 Burnaby SE06 Rm. 206
Jun 22 Sat 13:00 - 16:00 Online
Jun 29 - Jul 06 Sat 09:00 - 12:00 Online
Jun 29 - Jul 06 Sat 13:00 - 16:00 Online
Jul 13 Sat 09:00 - 12:00 Burnaby SE06 Rm. 206
Jul 13 Sat 13:00 - 16:00 Online
Jul 20 - Jul 27 Sat 09:00 - 12:00 Online
Jul 20 - Jul 27 Sat 13:00 - 16:00 Online
Aug 03 Sat 09:00 - 12:00 Online
Aug 03 Sat 13:00 - 16:30 Burnaby SE06 Rm. 206
Instructor

Tim Edwards

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$817.60

Important information
  1. Departmental approval needed
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  4. Please contact the Program Coordinator, Deacon Devlin at: Deacon_Devlin@bcit.ca for registration approval. The following dates will be HELD IN-CLASS at the Burnaby Campus. Mid-Term #1: Saturday, June 22nd (09:00 - 12:00). Mid-Term #2: Saturday, July 13th (09:00 - 12:00). Final Exam: Saturday, August 3rd (13:30 - 16:30). 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.
Status

Seats Available

4 seats remaining as of Tue April 23, 2024 at 4:24 am (PDT). Availability may change at any time.

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 the internal control principles that apply to cash.
  • Complete inventory costing using FIFO and weighted average.
  • Understand and explain how companies recognize and value receivables.
  • Identify capital assets.
  • Understand, explain, and employ various methods of depreciation.
  • Understand how to account for current liabilities and cash dividends.
  • Define and differentiate between a variety of terms used in cost and managerial accounting.
  • Compute the breakeven point and determine the activity level needed to achieve a desired net profit figure.
  • Use the High-Low method for splitting mixed costs into their variable and fixed components.
  • Apply financial analysis techniques to a company's financial statements.
  • Analyze and make recommendations in several typical business decision scenarios.
  • Identify product costs and calculate overhead using activity-based costing.
  • 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.
  • Analyze and make recommendations in capital budgeting decisions.

Effective as of Winter 2021

Related Programs

Accounting for Management (FMGT 2152) is offered as a part of the following programs:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

  1. Business Administration (General Option)
    Diploma Part-time
  2. Business Administration (Global Studies Option)
    Diploma Part-time
  3. Business Administration (Human Resources Option)
    Diploma Part-time
  4. Business Administration (Management Option)
    Diploma Part-time
  5. Business Administration (Marketing Option)
    Diploma Part-time
  6. Business Fundamentals
    Associate Certificate Full-time
  7. Business Information Technology Management
    Diploma Full-time
  8. Business Management
    Diploma Full-time
  9. Business Management - Advanced Diploma
    Advanced Diploma Full-time/Part-time
  10. Business Operations Management
    Diploma Full-time
  11. General Insurance and Risk Management
    Diploma Full-time
  12. Global Trade and Transportation Management
    Diploma Full-time
  13. Human Resource Management
    Diploma Full-time
  14. Marketing Management
    Diploma Full-time

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