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Cost/Managerial Accounting 1 FMGT 3210

Financial Management Course

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

Cost

$573.68 - $600.42 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2023

Below are three offerings of FMGT 3210 for the Spring/Summer 2023 term.

CRN 20419

Duration

Sat Apr 08 - Sat Jul 08 (13 weeks)

  • 13 weeks
  • CRN 20419
  • $573.68
Class meeting times
Dates Days Times Locations
Apr 08 - Jul 08 Sat 09:00 - 12:00 Downtown DTC Rm. 483
Instructor

Ron Messer

Course outline

View

Credits

4

Cost

$573.68

Important information
  1. Class WILL NOT be held on Saturday, July 1st (Canada Day). Due to high volume at the downtown campus at term start, students are advised to purchase their textbooks prior to the first lecture at either the Burnaby or downtown campus bookstores.
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 20420

Duration

Thu Apr 13 - Mon Jun 05 (7 weeks)

  • 7 weeks
  • CRN 20420
  • $586.54
Class meeting times
Dates Days Times Locations
Apr 13 - Jun 05 Mon, Thu 18:30 - 21:30 Burnaby SE06 Rm. 207
Instructor

Randy Robinson

Course outline

View

Credits

4

Cost

$586.54

Important information
  1. Class WILL NOT be held on: Monday, April 17th, Monday, May 22nd (Victoria Day), and Thursday, June 1st
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 20418

Duration

Wed May 03 - Wed Jul 26 (13 weeks)

  • 13 weeks
  • CRN 20418
  • $586.54
Class meeting times
Dates Days Times Locations
May 03 - May 24 Wed 18:30 - 21:30 Burnaby SW01 Rm. 3190
May 31 - Jul 26 Wed 18:30 - 21:30 Burnaby SE06 Rm. 209
Instructor

Ron Messer

Course outline

View

Credits

4

Cost

$586.54

Status

In Progress

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

Fall 2023

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

CRN 30994

Duration

Tue Sep 05 - Tue Nov 28 (13 weeks)

  • 13 weeks
  • CRN 30994
  • $600.42
Class meeting times
Dates Days Times Locations
Sep 05 - Oct 03 Tue 18:00 - 21:00 Online
Oct 10 Tue 18:00 - 21:00 Burnaby SW01 Rm. 2030
Oct 17 Tue 18:00 - 21:00 Online SW01 Rm. 2030
Oct 24 - Nov 21 Tue 18:00 - 21:00 Online
Nov 28 Tue 18:00 - 21:00 Burnaby SW01 Rm. 2030
Instructor

Susan Stuart

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$600.42

Important information
  1. The following dates will be HELD IN-CLASS at the Burnaby Campus: Mid-Term Exam = Tuesday, Oct. 10th (1800 – 2100). Mid-Term Exam De-Brief = Tuesday, Oct. 17th (1800 – 2100). Final Exam = Tuesday, Nov. 28th (1800 – 2100). 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

CRN 31291

Duration

Wed Sep 06 - Wed Nov 29 (13 weeks)

  • 13 weeks
  • CRN 31291
  • $586.67
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. 635
Oct 18 Wed 17:30 - 20:30 Downtown DTC Rm. 635
Oct 25 - Nov 22 Wed 17:30 - 20:30 Online
Nov 29 Wed 17:30 - 20:30 Downtown DTC Rm. 635
Instructor

Susan Stuart

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$586.67

Important information
  1. 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

CRN 31292

Duration

Sat Sep 09 - Sat Dec 16 (13 weeks)

  • 13 weeks
  • CRN 31292
  • $600.42
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

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$600.42

Important information
  1. Class WILL NOT be held on Saturday, September 30th (National Day for Truth and Reconciliation) & Saturday, November 11th (Remembrance Day).
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

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

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