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Advanced Management Accounting FMGT 7210

Financial Management 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

Winter 2023

Below is one offering of FMGT 7210 for the Winter 2023 term.

CRN 90709

Duration

Mon Jan 09 - Mon Apr 10 (13 weeks)

  • 13 weeks
  • CRN 90709
  • $830.86
Class meeting times
Dates Days Times Locations
Jan 09 - Apr 10 Mon 18:00 - 21:30 Burnaby SE06 Rm. 112
Instructor

Vnit Nath

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$830.86

Important information
  1. Departmental approval needed
  2. Class WILL be held Feb 20 (Family Day) and Apr 10 (Easter Monday). Class WILL NOT be held Mar 13 (BCIT Spring Break). 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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