Course Overview
This course emphasizes the following: role of the management accountant, cost concepts & terminology, job costing, cost-volume- profit- analysis, activity-based costing & activity-based management, budgeting and control, standard costs, variance analysis and income effects of alternative inventory costing methods. Cost and Managerial Accounting 1 will also demonstrate how to use financial information and various decision-making tools to make sound business decisions.
Domestic fees
$636.15 - $651.12 See individual course offerings below for actual costs.
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion, the student will be able to:
- Identify the roles of the management accountant in the organization's planning and control functions.
- Prepare financial statements for a manufacturing organization.
- Define and differentiate between a variety of terms used in cost and managerial accounting.
- Distinguish between job-order, process costing and activity based costing systems with regard to the methods of accumulating costs.
- Develop predetermined manufacturing overhead rates for application to jobs.
- Illustrate the flow of costs through a job cost system.
- Determine and implement alternative methods of dealing with under-or over-applied overhead.
- Analyze the effects of changes in prices, volumes, and cost structures on organizational profitability and do sensitivity analysis of these relationships.
- Complete all the budgets and supporting schedules required in the preparation of a master budget.
- Apply the concepts of responsibility accounting to management evaluation and control.
- Prepare performance reports incorporating flexible budgets.
- Develop standard costs for direct materials, direct labour, variable and fixed overhead and compute the appropriate variances.
- Evaluate and implement the decision of whether or not to investigate a variance.
- Evaluate the effects of alternative methods of inventory-costing.
- Evaluate the effects of alternative denominator activity levels in absorption costing.
- Describe and implement alternative methods of disposing of variances at year end.
Effective as of Fall 2004
Related Programs
Cost/Managerial Accounting 1 (FMGT 3210) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Computerized Accounting
Associate Certificate Part-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Payroll Administration
Certificate Part-time
Course Offerings
Fall 2026
Below are three offerings of FMGT 3210 for the Fall 2026 term.
CRN 30994
Dates
Sep 08 - Dec 08 Loading
- CRN 30994
- $651.12 Domestic fees
Class meeting times
Duration
13 weeks
Instructor
Susan Stuart
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Class WILL NOT be held on Tuesday, Sep. 29th. The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Tuesday, October 20, 2026 (17:30 - 21:15), Mid-Term Exam De-Brief: Tuesday, October 27, 2026 (17:30 - 21:15) and Final: Tuesday, December 8, 2026 (17:30 - 21:15) 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. 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.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 31291
Dates
Sep 09 - Dec 09 Loading
- CRN 31291
- $636.15 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 09 - Dec 09 | Wed | 17:30 - 21:15 | Downtown DTC Rm. 472 |
Duration
13 weeks
Instructor
Susan Stuart
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Class WILL BE held on Wednesday, Nov. 11th (Remembrance Day). Class WILL NOT be held on Wednesday, September 30th (National Day for Truth and Reconciliation).
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 31292
Dates
Sep 12 - Dec 05 Loading
- CRN 31292
- $651.12 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Dec 05 | Sat | 09:00 - 12:45 | Burnaby SW01 Rm. 3150 |
Duration
13 weeks
Instructor
Ron Messer
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.