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
The course follows the evolution of accounting through historical events into current application recognizing the impact of international influences and organizations. Contemporary accounting issues will be addressed and evaluated for their impact in financial statements. Topics will include: the recognition of political influence and its impact on the accounting standard creation and modification process, development of analytical and research skills through the interpretation of the CPA Accounting Handbook pronouncements, and the evaluation of alternative policies. Students will enhance their presentation skills and research abilities through group work.
This course is only available to those who have been formally accepted into the Bachelor of Accounting program. Please send any inquiries to bachelor_accounting@bcit.ca. No class March 16 (BCIT Spring Break). 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 back next term or subscribe to receive email updates.
In Progress
Learning Outcomes
Upon successful completion, the student will be able to:
Outline the historical evolution of accounting, including identifying major events and their impacts over time, and follow the development of accounting standards to the current time
Assess the standard creation and modification process for International Accounting and Canadian Standards for Private Enterprises
Apply various models for financial accounting and reporting
Apply different theories introduced during the course to practical situations and actual events
Discuss alternative financial reporting options
Develop recommendations for adoption of financial reporting policies including information disclosure alternatives
Interpret and analyze conflicts between managers and investors
Analyze the incentive relationship between Executive Compensation and Earnings Management
Discuss the role of accounting in society and area of corporate social responsibility
Evaluate the goals of sustainability accounting and the alternatives to achieve these goals
Outline the purpose of the global reporting initiative and alternatives
Outline the information distribution system for public companies
Apply CPA Handbook pronouncements to business situations and recommend accounting policies and procedures
Effective as of Fall 2016
Related Programs
FMGT 8121 is offered as a part of the following programs:
School of Business + Media
Accounting Full-time/Part-time Bachelor of Accounting
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Registration is now open for the Spring/Summer 2021 term.
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.