British Columbia Institute of Technologywww.bcit.ca/study/courses/fmgt3210

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BCIT

FMGT 3210 - Cost/Managerial Accounting 1

Financial Management Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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)

FMGT 2100 or FMGT 2105

Credits

4.0

Cost

$551.69 - $561.69 See individual course offerings below for actual costs.

Fall 2020

Below are three offerings of this course for the Fall 2020 term.

CRN 31291

Wed Sep 09 - Wed Dec 02 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 02 Wed 17:30 - 20:30 DTC Online Delivery

Instructor

Susan Stuart

Course Outline

Cost

$551.69

Notes

  1. Class WILL be held on Wednesday, November 11th (Remembrance Day).

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

In Progress

CRN 31292

Sat Sep 12 - Sat Dec 05 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 12 - Dec 05 Sat 09:00 - 12:00 BBY Online Delivery

Instructor

Ron Messer

Course Outline

Cost

$561.69

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

In Progress

CRN 30994

Mon Sep 14 - Mon Dec 07 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Dec 07 Mon 18:30 - 21:30 BBY Online Delivery

Instructor

Susan Stuart

Course Outline

Cost

$561.69

Notes

  1. Class WILL be held on Monday, October 12th (Thanksgiving).

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

In Progress

Winter 2021

Below are three offerings of this course for the Winter 2021 term.

CRN 40004

Tue Jan 05 - Tue Mar 30 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Mar 30 Tue 18:30 - 21:30 Online Delivery
See Notes below

Instructor

Susan Stuart

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$561.69

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 15276

Wed Jan 06 - Wed Mar 31 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Mar 31 Wed 17:30 - 20:30 Online Delivery
See Notes below

Instructor

Susan Stuart

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$551.69

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 15545

Sat Jan 09 - Sat Apr 03 13 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Apr 03 Sat 09:00 - 12:00 Online Delivery
See Notes below

Instructor

Ron Messer

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$561.69

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

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

FMGT 3210 is offered as a part of the following programs:

School of Business + Media

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

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2020

Books for Fall 2020 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Image not available
Cei Digital: Mylab Accounting W Etext For Horngren's Cost Accounting, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Digital Version
ISBN 978-0-13467-205-2
Price $100.50
Choose One

Cost Accounting W Etext & Myacctglab, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Kit/Set/Package
ISBN 978-0-13482-468-0
Price $207.95
Choose One

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Image not available
Cei Digital: Mylab Accounting W Etext For Horngren's Cost Accounting, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Digital Version
ISBN 978-0-13467-205-2
Price $100.50
Choose One

Cost Accounting W Etext & Myacctglab, 8Th Cdn Ed
Author Horngren
Publisher Ph
Copyright 2018
Binding Kit/Set/Package
ISBN 978-0-13482-468-0
Price $207.95
Choose One

Winter 2021

No information on books is currently available for Winter 2021 offerings of this course.

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Registration News

Registration is currently open for the Fall 2020 term.

A sneak preview of Winter 2021 term courses is also now available here.

Students may register for Winter 2021 term courses online or by phone starting Wed, Oct 28 at 9:00 am (PDT).

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