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Cost/Managerial Accounting 1 FMGT 3210

Financial Management Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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.

Prerequisite(s)

Credits

4.0

Domestic fees

$598.67 - $612.42 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2024

Below are three offerings of FMGT 3210 for the Spring/Summer 2024 term.

CRN 20420

Duration

Thu Apr 11 - Mon May 27 (7 weeks)

  • 7 weeks
  • CRN 20420
  • Domestic fees $612.42
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 11 - May 27 Mon, Thu 18:30 - 21:30 Burnaby SE06 Rm. 209
Instructor

Randy Robinson

Course outline

View

Credits

4

Domestic fees

$612.42

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. Class WILL NOT be held on: Monday, May 24th (Victoria Day).
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

CRN 20419

Duration

Sat Apr 13 - Sat Jul 06 (13 weeks)

  • 13 weeks
  • CRN 20419
  • Domestic fees $598.67
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 13 - Jul 06 Sat 09:00 - 12:00 Downtown DTC Rm. 483
Instructor

Ron Messer

Course outline

View

Credits

4

Domestic fees

$598.67

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. Due to high volume at the downtown campus at term start, students are advised to purchase their textbooks prior to the first class.
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

CRN 20418

Duration

Wed Apr 24 - Wed Jul 17 (13 weeks)

  • 13 weeks
  • CRN 20418
  • Domestic fees $612.42
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 24 - Jul 17 Wed 18:30 - 21:30 Burnaby SE06 Rm. 202
Instructor

Ron Messer

Course outline

View

Credits

4

Domestic fees

$612.42

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Status

In Progress and Full

This course offering is in progress and full. Please check back next term or subscribe to receive email updates.

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.
  • Prepare performance reports incorporating flexible budgets.
  • Develop standard costs for direct materials, direct labour, variable and fixed overhead and compute the appropriate variances.
  • Evaluate and implement the decision of whether or not to investigate a variance.
  • Evaluate the effects of alternative methods of inventory-costing.
  • Evaluate the effects of alternative denominator activity levels in absorption costing.
  • Describe and implement alternative methods of disposing of variances at year end.

Effective as of Fall 2004

Related Programs

Cost/Managerial Accounting 1 (FMGT 3210) 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

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Computerized Accounting
    Associate Certificate Part-time
  4. Finance
    Diploma Full-time
  5. Finance
    Diploma Part-time
  6. Financial Management (Finance Option)
    Certificate Part-time
  7. Financial Management (Professional Accounting Option)
    Certificate Part-time
  8. Financial Planning
    Diploma Part-time

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