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Cost/Managerial Accounting 1 FMGT 3210

Financial Management Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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.

Prerequisite(s)

Credits

4.0

Domestic fees

$586.67 - $612.42 See individual course offerings below for actual costs.

Course offerings

Fall 2023

Below are two offerings of FMGT 3210 for the Fall 2023 term.

CRN 31291

Duration

Wed Sep 06 - Wed Nov 29 (13 weeks)

  • 13 weeks
  • CRN 31291
  • Domestic fees $586.67
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Sep 06 - Oct 04 Wed 17:30 - 20:30 Online
Oct 11 Wed 17:30 - 20:30 Downtown DTC Rm. 460
Oct 18 Wed 17:30 - 20:30 Downtown DTC Rm. 460
Oct 25 - Nov 22 Wed 17:30 - 20:30 Online
Nov 29 Wed 17:30 - 20:30 Downtown DTC Rm. 460
Instructor

Susan Stuart

Course outline

View

Credits

4

Domestic fees

$586.67

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. The following dates will be HELD IN-CLASS at the Downtown Campus: Mid-Term Exam = Wednesday, Oct. 11th (1730 – 2030). Mid-Term Exam De-Brief = Wednesday, Oct. 18th (1730 – 2030). Final Exam = Wednesday, Nov. 29th (1730 – 2030). 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.

CRN 31292

Duration

Sat Sep 09 - Sat Dec 16 (13 weeks)

  • 13 weeks
  • CRN 31292
  • Domestic fees $600.42
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 16 Sat 09:00 - 12:00 Burnaby SW01 Rm. 2009
Instructor

Ron Messer

Course outline

View

Credits

4

Domestic fees

$600.42

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. Class WILL NOT be held on Saturday, September 30th (National Day for Truth and Reconciliation) & Saturday, November 11th (Remembrance Day).
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 2024

Below are two offerings of FMGT 3210 for the Winter 2024 term.

CRN 15545

Duration

Sat Jan 13 - Sat Apr 06 (13 weeks)

  • 13 weeks
  • CRN 15545
  • Domestic fees $612.42
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 13 - Apr 06 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

Domestic fees

$612.42

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Status

CRN 40004

Duration

Tue Jan 09 - Tue Apr 02 (13 weeks)

  • 13 weeks
  • CRN 40004
  • Domestic fees $612.42
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 09 - Feb 06 Tue 18:00 - 21:00 Online
Feb 13 Tue 18:00 - 21:00 Burnaby SW03 Rm. 3615
Feb 20 Tue 18:00 - 21:00 Burnaby SW03 Rm. 3615
Feb 27 - Mar 26 Tue 18:00 - 21:00 Online
Apr 02 Tue 18:00 - 21:00 Burnaby SW03 Rm. 3615
Instructor

Susan Stuart

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$612.42

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. The following dates will be HELD IN-CLASS at the Burnaby Campus. Mid-Term: Tuesday, February 13th (18:00 - 21:00) Mid-Term Exam De-Brief: Tuesday, February 20th (18:00 - 21:00) Final: Tuesday, April 2nd (18:00 - 21:00). 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 if 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

Full

This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.

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

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Computerized Accounting
    Associate Certificate Part-time
  4. Finance
    Diploma Full-time
  5. Finance
    Diploma Part-time
  6. Financial Management (Finance Option)
    Certificate Part-time
  7. Financial Management (Professional Accounting Option)
    Certificate Part-time
  8. Financial Planning
    Diploma Part-time

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