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 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.
The following dates will be HELD IN CLASS: Midterm: October 18th & Final: December 6th. Class WILL be held on Monday, October 11th (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.
Important course information will be sent to you prior to your course start
date. Check your myBCIT email account to
access this information.
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
Winter 2022
Below are three offerings of this course for the Winter 2022 term.
EXAMS AND MIDTERM DEBRIEFING WILL BE HELD IN-CLASS AT THE BURNABY CAMPUS. THESE WILL BE HOSTED ON A SCHEDULED TUESDAY. THE SPECIFIC DATES FOR THESE ARE TO BE ANNOUNCED. 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. Class WILL NOT be held on Tuesday, January 25th
Status
A portion of seats are temporarily held for domestic students.
International students: this may impact your ability to register.
Learn why.
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Status
This section is only available for registration starting Wed, Oct 27 at 9:00 am (PDT)
Exams will be HELD IN-CLASS on the following dates at the Burnaby Campus: Midterm: February 12th Final: April 2nd 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
A portion of seats are temporarily held for domestic students.
International students: this may impact your ability to register.
Learn why.
}
Status
This section is only available for registration starting Wed, Oct 27 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.
Interested in being notified about future offerings of FMGT 3210 - Cost/Managerial Accounting 1?
If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.
Registration is currently open for the Fall 2021 term.
A sneak preview of Winter 2022 term courses is also now available here.
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 www.bcit.ca/rooms on the first day of any course you are registered for.