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
$787.70 - $805.60 See individual course offerings below for actual costs.
Course offerings
Spring/Summer 2023
Below are two offerings of FMGT 2152 for the Spring/Summer 2023 term.
CRN 68604
Duration
Mon Jun 05 - Thu Aug 31 (13 weeks)
- 13 weeks
- CRN 68604
- $787.70
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jun 05 - Aug 31 | N/A | N/A | Online |
| Jul 12 | Wed | 18:00 - 21:30 | Burnaby SE06 Rm. 206 |
| Aug 30 | Wed | 18:00 - 21:30 | Burnaby SE06 Rm. 206 |
Instructor
Deborah Schell
Course outline
Credits
5.5
Cost
$787.70
Important information
- Departmental approval needed
-
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. 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/. Please send any inquiries regarding this section to FMGT_Online@bcit.ca.
Status
CRN 62381
Duration
Sat Jun 10 - Sat Aug 12 (9 weeks)
- 9 weeks
- CRN 62381
- $787.70
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jun 10 - Jun 17 | Sat | 09:00 - 12:00 | Online |
| Jun 10 - Jun 17 | Sat | 13:00 - 16:00 | Online |
| Jun 24 | Sat | 09:00 - 12:00 | Burnaby SE06 Rm. 205 |
| Jun 24 | Sat | 13:00 - 16:00 | Online |
| Jul 08 - Jul 15 | Sat | 09:00 - 12:00 | Online |
| Jul 08 - Jul 15 | Sat | 13:00 - 16:00 | Online |
| Jul 22 | Sat | 09:00 - 12:00 | Burnaby SE06 Rm. 205 |
| Jul 22 | Sat | 13:00 - 16:00 | Online |
| Jul 29 - Aug 05 | Sat | 09:00 - 12:00 | Online |
| Jul 29 - Aug 05 | Sat | 13:00 - 16:00 | Online |
| Aug 12 | Sat | 09:00 - 12:00 | Online |
| Aug 12 | Sat | 13:00 - 16:00 | Burnaby SE06 Rm. 205 |
Instructor
Tim Edwards
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
5.5
Cost
$787.70
Important information
- Departmental approval needed
-
The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: Saturday, June 24th Midterm 2: Saturday, July 22nd Final: Saturday, August 12th 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. Class WILL NOT be held on Saturday, July 1st (Canada Day) Please contact the Program Coordinator, Deacon Devlin at: Deacon_Devlin@bcit.ca for registration approval.
Status
Fall 2023
Below is one offering of FMGT 2152 for the Fall 2023 term.
CRN 48956
Duration
Mon Sep 11 - Sat Dec 09 (12 weeks)
- 12 weeks
- CRN 48956
- $805.60
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 11 - Dec 09 | N/A | N/A | Online |
| Oct 19 | Thu | 18:00 - 20:30 | Burnaby SW01 Rm. 3150 |
| Dec 07 | 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
$805.60
Important information
- Departmental approval needed
-
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. 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/. 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
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