- International Fees
International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
This course is the second of two designed to provide first year students with a general understanding of the nature, purpose and general procedures of accounting. The course examines notes and accounts receivables; capital assets; liabilities; partnerships; corporations and consolidations; international transactions; financial statement analysis; and cash flow statements.
Domestic fees
$745.76 - $760.05 See individual course offerings below for actual costs.
Learning Outcomes
Upon successful completion of this course, the student will able to:
- Prepare journal and adjusting entries to record transactions in each topic area studied.
- Apply generally accepted accounting principles and determine how they influence financial reporting.
- Explain the purpose and need for internal controls and prepare bank reconciliations.
- Evaluate the nature and management of accounts and notes receivable and the aging of accounts receivables.
- Analyze the purpose and demonstrate the calculation of amortization on various types of property, plant and equipment using generally accepted accounting principles.
- Assess the nature and behaviour, of interest bearing instruments such as bonds, notes payable, and notes receivable (both short and long term) while demonstrating appropriate accounting treatments.
- Describe and differentiate the advantages and disadvantages of a corporation, a partnership and a sole proprietorship as forms of business organization.
- Demonstrate the accounting required for the shareholders' equity of a corporation including the issuance of shares, the declaration and payment of dividends, and the related effect on Retained Earnings.
- Evaluate and apply appropriate treatment of extraordinary items, prior period adjustments and accounting changes.
- Demonstrate the treatments and entries required for a basic payroll system.
- Describe the nature of consolidated financial statements, and apply appropriate short term and long term investment principles to other forms of investment or ownership.
- Demonstrate appropriate accounting for a partnership including: addition of partners, allocation of earnings or losses, withdrawal of partners and liquidation of partnerships.
- Prepare and statement of cash flows under indirect and direct methods. Explain the nature of cash, working capital, and the various sources and uses of cash as it pertains to the management of a business.
- Analyze financial statements by computing financial ratios and various analysis methods.
Effective as of Fall 2016
Related Programs
Accounting 2 (FMGT 2100) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Business + Media
- Accounting
Diploma Part-time
- Accounting
Diploma Part-time
- Computerized Accounting
Associate Certificate Part-time
- Finance
Diploma Part-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Financial Planning
Diploma Part-time
- Financial Planning
Diploma Part-time
- Fire Executive Management
BCIT/Industry Partnership Certificate Part-time
- Marketing Management (Marketing Communications Option)
Certificate Part-time
- Marketing Management (Professional Sales Option)
Certificate Part-time
- Payroll Administration
Certificate Part-time
Course Offerings
Fall 2024
Below are six offerings of FMGT 2100 for the Fall 2024 term.
CRN 48955
Dates
Mon Sep 09 - Sat Dec 07
- 13 weeks
- CRN 48955
- Domestic fees $760.05
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Tim Edwards
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Exams will be held IN PERSON at the Burnaby Campus as noted above. This course is asynchronous, but not self-paced. Students must complete the assignments as shown on the course schedule. This course may not be audited. Accounting 2 students require ONLY volume 2 of Weygandt: Accounting Principles. Please email any questions regarding this section to FMGT_Online@bcit.ca.
CRN 30753
Dates
Tue Sep 10 - Tue Dec 03
- 13 weeks
- CRN 30753
- Domestic fees $745.76
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Mandeep Mann
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: Tuesday, October 22nd (17:30 - 21:30) Mid-Term Exam De-Brief (To Be Determined – Instructor to provide further information) (17:30 – 21:30) Final Exam: Tuesday, December 3rd (17:30- 21:30) 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. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. This program requires an access PIN code - available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Course instructors will provide WileyPlus information in the first class.
CRN 33249
Dates
Wed Sep 11 - Wed Dec 04
- 13 weeks
- CRN 33249
- Domestic fees $745.76
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Peter Goel
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: October 23rd (13:00-17:00) Final Exam: December 4th (13:00-17:00) 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. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. This program requires an access PIN code - available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Course instructors will provide WileyPlus information in the first class.
CRN 31287
Dates
Sat Sep 14 - Sat Dec 07
- 13 weeks
- CRN 31287
- Domestic fees $760.05
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 14 - Dec 07 | Sat | 09:00 - 13:00 | Burnaby SW03 Rm. 1750 |
Instructor
Barbara Fellnermayr
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. This program requires an access PIN code - available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Course instructors will provide WileyPlus information in the first class.
CRN 30756
Dates
Sat Oct 19 - Sat Nov 30
- 7 weeks
- CRN 30756
- Domestic fees $760.05
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Murray Livergant
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: Saturday, November 9th, Final: Saturday, November 30th. 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. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. This program requires an access PIN code - available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Course instructors will provide WileyPlus information in the first class.
CRN 33248
Dates
Thu Oct 31 - Mon Dec 16
- 7 weeks
- CRN 33248
- Domestic fees $760.05
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Murray Livergant
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus. Midterm: Monday, November 25th (18:00 – 22:00), Final: Monday, December 16th (18:00 – 22:00). Class WILL NOT be held on Monday, November 11th (Remembrance Day). 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. Accounting 2 students require the Accounting Principles, 9th Canadian Edition (Volume 2) text by Wiley. This course includes the WileyPlus program which offers accounting problems, exercises and feedback for students. This program requires an access PIN code - available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Course instructors will provide WileyPlus information in the first class.
Winter 2025
Below are seven offerings of FMGT 2100 for the Winter 2025 term.
CRN 10174
Dates
Mon Jan 06 - Mon Apr 07
- 13 weeks
- CRN 10174
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 06 - Apr 07 | Mon | 18:00 - 22:00 | Burnaby SE06 Rm. 205 |
Instructor
Barbara Fellnermayr
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class WILL NOT be held Monday, February 17th (Family Day). This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
CRN 10196
Dates
Mon Jan 06 - Mon Apr 07
- 13 weeks
- CRN 10196
- Domestic fees $745.76
Status
Seats Available
This course offering has seats available.
Class meeting times
Instructor
Gary Nitikman
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-PERSON at the Downtown Campus and are MANDATORY. Mid-Term: Monday, February 24th (17:30 - 21:30) Mid-Term De-Brief: Monday, March 3rd (17:30 - 21:30) Final: Monday, April 7th (17:30 - 21:30) Class WILL NOT be held Monday, February 17th (Family Day). 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. The in-person dates/classes are required for students to attend, and have MANDATORY ATTENDANCE. 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. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
CRN 90369
Dates
Mon Jan 06 - Sat Apr 05
- 13 weeks
- CRN 90369
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
Instructor
Tim Edwards
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-PERSON at the Burnaby Campus. Midterm: Saturday, February 22nd (10:00 - 12:30) and Final: Saturday, April 5th (10:00 - 12:30). This course is asynchronous, but not self-paced. Students must complete the assignments as shown on the course schedule. This course may not be audited. Accounting 2 students require ONLY volume 2 of Weygandt: Accounting Principles. Please email any questions regarding this section to FMGT_Online@bcit.ca.
CRN 73115
Dates
Wed Jan 08 - Wed Apr 02
- 13 weeks
- CRN 73115
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 08 - Apr 02 | Wed | 13:00 - 17:00 | Burnaby |
Instructor
Randy Robinson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
CRN 10190
Dates
Sat Jan 11 - Sat Apr 05
- 13 weeks
- CRN 10190
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 11 - Apr 05 | Sat | 09:00 - 13:00 | Burnaby SW01 Rm. 2004 |
Instructor
Gary Nitikman
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
CRN 42804
Dates
Sat Feb 15 - Sat Mar 29
- 7 weeks
- CRN 42804
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Saturday, March 8th (13:00 - 17:00) and Final: Saturday, March 29th (13:00 - 17:00) 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. Attendance for the in-person exams/classes is MANDATORY. 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. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
CRN 47577
Dates
Mon Feb 24 - Mon Apr 07
- 8 weeks
- CRN 47577
- Domestic fees $760.05
Status
Seats Available
This course offering has seats available.
Class meeting times
Instructor
Murray Livergant
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following dates will be HELD IN-CLASS at the Burnaby Campus and are MANDATORY. Mid-Term: Thursday, March 17th (18:00 - 22:00) and Final: Monday, April 7th (18:00 - 22:00) Class WILL NOT be held Monday, April 1st (Easter Monday). 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. Attendance for the in-person exams/classes is MANDATORY. 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. This course includes the WileyPlus program. This program requires an access PIN code available in NEW textbook packages. If students purchase used texts there will be an additional fee to obtain the access PIN code. Instructor will hand out WileyPlus information in the first class.
Programs and courses are subject to change without notice.