Course details
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.
Credits
4.0
Cost
$573.68 - $586.54 See individual course offerings below for actual costs.
Course offerings
Fall 2022
Below are three offerings of FMGT 3210 for the Fall 2022 term.
CRN 31291
Duration
Wed Sep 07 - Wed Nov 30 (13 weeks)
- 13 weeks
- CRN 31291
- $573.68
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 07 - Nov 30 | Wed | 17:30 - 20:30 | Downtown DTC |
Instructor
TBD
Course outline
Credits
4
Cost
$573.68
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 31292
Duration
Sat Sep 10 - Sat Dec 03 (13 weeks)
- 13 weeks
- CRN 31292
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 10 - Dec 03 | Sat | 09:00 - 12:00 | Burnaby SW01 Rm. 2009 |
Instructor
Ron Messer
Course outline
Credits
4
Cost
$586.54
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 30994
Duration
Mon Sep 12 - Mon Dec 05 (13 weeks)
- 13 weeks
- CRN 30994
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Oct 10 | Mon | 18:00 - 21:00 | Online |
| Oct 17 - Oct 24 | Mon | 18:00 - 21:00 | Burnaby SE06 Rm. 205 |
| Oct 31 - Nov 28 | Mon | 18:00 - 21:00 | Online |
| Dec 05 | Mon | 18:00 - 21:00 | Burnaby SE06 Rm. 205 |
Instructor
Susan Stuart
Course outline
Credits
4
Cost
$586.54
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
-
The following dates will be HELD IN-CLASS at the Burnaby Campus: Midterm: October 17th Midterm Debrief: October 24th Final: December 5th Class WILL be held on Monday, October 10th (Thanksgiving). 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
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Winter 2023
Below are three offerings of FMGT 3210 for the Winter 2023 term.
CRN 15276
Duration
Wed Jan 04 - Wed Apr 05 (13 weeks)
- 13 weeks
- CRN 15276
- $573.68
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Apr 05 | Wed | 17:30 - 20:30 | Downtown DTC Rm. 472 |
Instructor
Susan Stuart
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$573.68
Important information
-
Class WILL NOT be held on Wednesday, March 8th.
Status
CRN 15545
Duration
Sat Jan 07 - Sat Apr 01 (13 weeks)
- 13 weeks
- CRN 15545
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Apr 01 | Sat | 09:00 - 12:00 | Burnaby SE06 Rm. 206 |
Instructor
Ron Messer
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$586.54
Status
CRN 40004
Duration
Tue Jan 10 - Tue Apr 04 (13 weeks)
- 13 weeks
- CRN 40004
- $586.54
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Feb 07 | Tue | 18:00 - 21:00 | Online |
| Feb 14 | Tue | 18:00 - 21:00 | Burnaby SE06 Rm. 206 |
| Feb 21 | Tue | 18:00 - 21:00 | Burnaby SE06 Rm. 206 |
| Feb 28 - Mar 28 | Tue | 18:00 - 21:00 | Online |
| Apr 04 | Tue | 18:00 - 21:00 | Burnaby SE06 Rm. 206 |
Instructor
Susan Stuart
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$586.54
Important information
-
The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: February 14th Midterm Debrief: February 21st Final: April 4th 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.
Status
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:
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Advanced Business Management
Certificate 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
- Financial Planning
Diploma Part-time
- Financial Planning
Diploma Full-time
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