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.
Below is one offering of FMGT 7210 for the Fall 2022 term.
Tue Sep 13 - Tue Dec 06 (13 weeks)
- 13 weeks
- CRN 31950
Class meeting times
|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|
Course outline TBD — see Learning Outcomes in the interim.
- Departmental approval needed
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
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
Advanced Management Accounting (FMGT 7210) is offered as a part of the following programs:
School of Business + Media
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Programs and courses are subject to change without notice.