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Advanced Management Accounting FMGT 7210

Financial Management Part-time Studies Course

Course details

In this course students will use management accounting information for strategic and operational decision-making. Course topics include management control systems, the performance of individual managers, and strategies for avoiding sub-optimal managerial decisions. This course qualifies as a prerequisite for entrance into the Chartered Professional Accountant (CPA) Professional Education Program (PEP) when completed in conjunction with ACCG 6210 Management Accounting - Comprehensive.

Prerequisite(s)

Credits

3.0

Cost

$830.86

Course offerings

Fall 2022

Below is one offering of FMGT 7210 for the Fall 2022 term.

CRN 31950

Duration

Tue Sep 13 - Tue Dec 06 (13 weeks)

  • 13 weeks
  • CRN 31950
  • $830.86
Class meeting times
Dates Days Times Locations
Sep 13 - Dec 06 Tue 18:00 - 21:30 Online
Oct 18 Tue 18:00 - 21:30 Burnaby SE12 Rm. 321
Dec 06 Tue 18:00 - 21:30 Burnaby SE12 Rm. 321
Instructor

Vnit Nath

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$830.86

Important information
  1. Departmental approval needed
  2. This class will be held virtually, with the exception of mandatory in-person exams. This is a synchronous course, so students must be available to attend remotely through Zoom at the scheduled class times. Students must have a webcam and microphone. The final exam will be held during class time IN PERSON at the Burnaby Campus in the classroom listed above. THIS IS A DEGREE LEVEL COURSE FOR THE BACHELOR OF ACCOUNTING. Please note the following registration guidelines: 1. Acceptance into the Bachelor of Accounting Program OR 2. Completion of ACCG 6210 with a final grade of 65% or Completion of FMGT 3210 and 4210 (or equivalent), with a minimum average grade of 65% and approval from the Department. For approval, please send an email with your BCIT student ID number and a brief explanation of why you wish to register to Bachelor_accounting@bcit.ca. This course fulfills the CPA prerequisites for Advanced Management Accounting. www.bccpa.ca/CpaBc/media/CPABC/Become%20A%20CPA/prerequisites/BCIT_CPA-Course-Sheets.pdf
Status

Learning Outcomes

Upon successful completion, the student will be able to:

  • Evaluate optimal profit decisions in the short-term using excel tools, solver and linear regression
  • Analyse differences between plan and actual using the flexible budget approach
  • Apply activity-based costing to calculate product costs
  • Extend activity-based costing techniques to perform customer profitability analysis
  • Describe the various elements of management control systems
  • Demonstrate the effect of managerial performance measures on the profits of a division and the organization
  • Analyse the effect of divisional transfer pricing methods on organizational profitability
  • Construct a comprehensive framework for operational and strategic control by using a strategy map and balanced scorecard

Effective as of Fall 2016

Related Programs

Advanced Management Accounting (FMGT 7210) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Bachelor of Accounting Full-time/Part-time
  2. Professional Accounting
    Advanced Diploma Full-time/Part-time

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