British Columbia Institute of

Important Notice: COVID-19 Institute response


FMGT 2152 - Accounting for Management

Financial Management Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

Course Details

This course focuses on the context of accounting and the use of accounting information for decision making, planning, and control. It will examine how managers can utilize the tools of economics, forecasting, accounting/finance, and decision theory to aid in these critical decisions. The course will consider how differences and changes in the internal operating conditions and in the external political-economic environment can affect a manager's resource allocation decisions. Topics include incremental analysis, short- and long-run decision-making and financial analysis.




$759.60 - $770.03 See individual course offerings below for actual costs.

Fall 2021

Below are two offerings of this course for the Fall 2021 term.

CRN 46102

Tue Sep 07 - Tue Nov 30 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Nov 30 Online


Deborah Schell

Course Outline




  1. Internet delivery format.
  2. Departmental approval needed
  3. This course is internet delivery format. However, exams will be held during class times IN PERSON at the Burnaby Campus. Specific exam dates are as follows: Midterm Exam: Date & Time: October 14, 2021 from 6:00 pm to 8:30pm. Location: SW1 2005. Final Exam: Date & Time: December 2, 2021 from 6:00 pm to 8:30pm. Location: SW1 2005. Department approval is required for registration. Please email with your BCIT student ID number, full name, and a brief explanation of why you wish to register in the course. Students are advised to purchase the textbook prior to the first class online at This course may not be audited. Please send any inquiries regarding this section to
  4. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

CRN 46247

Mon Sep 13 - Mon Dec 13 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Dec 13 Mon 18:00 - 21:00 DTC DTC
Sep 13 - Dec 13 Online



Course Outline

TBD – see Learning Outcomes in the interim




  1. Departmental approval needed
  2. Departmental approval needed. This section is reserved for students enrolled in the Advanced Diploma in Business Management. For approval, please email your name and student ID to This course runs Monday evenings at the Downtown campus. Additional content will be provided asynchronously as required. No class October 11. Asynchronous content will be provided that week.

This course offering has been cancelled. Please check back next term or subscribe to receive email updates.


Learning Outcomes

Upon successful completion of this course, the student will be able to:

  • Describe and differentiate the three forms of business organization.
  • Prepare and analyze financial statements.
  • Apply the basic principles of worksheet bookkeeping to record transactions for both a service and a merchandising business, including period-end adjustments.
  • Identify the internal control principles that apply to cash.
  • Complete inventory costing using FIFO and weighted average.
  • Understand and explain how companies recognize and value receivables.
  • Identify capital assets.
  • Understand, explain, and employ various methods of depreciation.
  • Understand how to account for current liabilities and cash dividends.
  • Define and differentiate between a variety of terms used in cost and managerial accounting.
  • Compute the breakeven point and determine the activity level needed to achieve a desired net profit figure.
  • Use the High-Low method for splitting mixed costs into their variable and fixed components.
  • Apply financial analysis techniques to a company's financial statements.
  • Analyze and make recommendations in several typical business decision scenarios.
  • Identify product costs and calculate overhead using activity-based costing.
  • Develop cash budgets.
  • Identify the components of a master budget and prepare a flexible budget.
  • Apply the concepts of responsibility accounting to management evaluation and control.
  • Analyze and make recommendations in capital budgeting decisions.

Effective as of Winter 2021

Related Programs

FMGT 2152 is offered as a part of the following programs:

School of Business + Media

  1. Business Fundamentals
    Full-time   Associate Certificate
  2. Business Information Technology Management (Artificial Intelligence Management Option)
    Full-time   Diploma
  3. Business Information Technology Management (Enterprise Systems Management Option)
    Full-time   Diploma
  4. Business Management - Advanced Diploma
    Full-time/Part-time   Advanced Diploma
  5. Business Operations Management
    Full-time   Diploma
  6. General Insurance and Risk Management
    Full-time   Diploma
  7. Global Trade and Transportation Management
    Full-time   Diploma
  8. Marketing Management
    Full-time   Diploma
  9. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  10. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  11. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  12. Marketing Management (Tourism Management Option)
    Full-time   Diploma


Interested in being notified about future offerings of FMGT 2152 - Accounting for Management? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

Privacy Notice: The information you provide will be used to respond your request related to BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email:

Programs and courses are subject to change without notice.

Find Courses

School of Business + Media Waitlist

Need to waitlist for a School of Business + Media course?

Find out more

English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

Payment Changes At BCIT

We've changed the way we accept payments.

Find out more

Course Navigation, Related Links & Tools

Registration News

Registration is currently open for the Fall 2021 term.

The sneak preview for the Winter 2022 term starts Fri, Oct 22 at 8:30 am (PDT).

Students may register for Winter 2022 term courses online or by phone starting Wed, Oct 27 at 9:00 am (PDT).

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid.