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Accounting for Management FMGT 2152

Financial Management Part-time Studies Course

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

Cost

$771.03 - $773.20 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2022

Below is one offering of FMGT 2152 for the Spring/Summer 2022 term.

CRN 65893

Duration

Mon Jun 06 - Wed Aug 31 (13 weeks)

  • 13 weeks
  • CRN 65893
  • $771.03
Class meeting times
Dates Days Times Locations
Jun 06 - Aug 31 Wed 18:30 - 21:30 Online
Jul 13 Wed 18:30 - 21:30 Burnaby
Aug 31 Wed 18:30 - 21:30 Burnaby
Instructor

Deborah Schell

Course outline

View

Credits

5.5

Cost

$771.03

Important information
  1. Departmental approval needed
  2. Exams will be held online. Exam dates are as follows: Mid-term Exam: Wednesday, July 13, 2022, 1800-2030 Final Exam: Wednesday, August 31, 2022, 1800-2030. With the exception of exams, this course is asynchronous, but not self-paced. Students must complete the assignments as shown on the course schedule. Department approval is required for registration. Please email FMGT_Online@bcit.ca with your BCIT student ID number, full name, and a brief explanation of why you wish to register in the course. Students are advised to purchase the textbook prior to the first class online at www.bcitbookstore.ca/distance/. This course may not be audited. Please send any inquiries 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.

Fall 2022

Below is one offering of FMGT 2152 for the Fall 2022 term.

CRN 48956

Duration

Tue Sep 06 - Sat Dec 03 (12 weeks)

  • 12 weeks
  • CRN 48956
  • $773.20
Class meeting times
Dates Days Times Locations
Sep 06 - Dec 03 N/A N/A Online
Oct 13 Thu 18:00 - 20:30 Burnaby SE06 Rm. 205
Dec 01 Thu 18:00 - 20:30 Burnaby SE06 Rm. 205
Instructor

Deborah Schell

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$773.20

Important information
  1. Departmental approval needed
  2. Exams will be held during class times IN PERSON at the Burnaby Campus. Specific exam dates will be released in the near future. Department approval is required for registration. Please email FMGT_Online@bcit.ca with your BCIT student ID number, full name, and a brief explanation of why you wish to register in the course. Students are advised to purchase the textbook prior to the first class online at www.bcitbookstore.ca/distance/. This course may not be audited. Please send any inquiries regarding this section to FMGT_Online@bcit.ca.
Status

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:

School of Business + Media

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  2. Business Information Technology Management (Artificial Intelligence Management Option)
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  3. Business Information Technology Management (Enterprise Systems Management Option)
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  4. Business Management - Advanced Diploma
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  5. Business Operations Management
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  6. General Insurance and Risk Management
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  7. Global Trade and Transportation Management
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  8. Marketing Management
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  9. Marketing Management (Entrepreneurship Option)
    Diploma Full-time
  10. Marketing Management (Marketing Communications Option)
    Diploma Full-time
  11. Marketing Management (Professional Real Estate Option)
    Diploma Full-time
  12. Marketing Management (Professional Sales Option)
    Diploma Full-time
  13. Marketing Management (Tourism Management Option)
    Diploma Full-time

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