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
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 class will be held virtually, with the exception of a mandatory in person final exam. This is a synchronous course, so students must be available to attend remotely through Zoom at the scheduled class times. Students must have a webcam and microphone. The final exam will be held during class time IN PERSON at the Burnaby Campus. Specific details for the final exam are as follows. Final Exam: December 7, 2021 at 6:00 pm This is a degree level courses reserved only for those who have been formally accepted into the Bachelor of Accounting program. If you have an inquiry regarding this course, please contact Bachelor_accounting@bcit.ca.
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 is one offering of this course for the Winter 2022 term.
No class March 15 (BCIT Spring Break). 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
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)
Sneak Preview
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 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.