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 IS A DEGREE LEVEL COURSE FOR THE BACHELOR OF ACCOUNTING. Please note the following registration guidelines: 1. Acceptance into the Bachelor of Accounting Program OR 2. Completion of FMGT 3110 and 4110 (or equivalent), with a minimum average grade of 65% and approval from the Department;this can be obtained by emailing at firstname.lastname@example.org.
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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
FMGT 8121 is offered as a part of the following programs:
School of Business
Accounting Full-time/Part-time Bachelor of Accounting
Books & Supplies
The BCIT bookstore carries textbooks, general reference books, software, and
stationery. Please visit
bcit.ca/bookstore for more
Books for Fall 2018 offerings of this course are available in the following BCIT
online bookstores. Please choose the bookstore appropriate for the offering
you are considering.
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.
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No Book/Course Material Required For This Section
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