- International Fees
International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
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.
Prerequisite(s)
- Acceptance into the Bachelor of Accounting Program or approval from the Program
Credits
3.0
Domestic fees
$879.42
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
Contemporary Issues in Accounting (FMGT 8121) 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
Bachelor of Accounting Full-time/Part-time
Course Offerings
Fall 2024
Below is one offering of FMGT 8121 for the Fall 2024 term.
CRN 43399
Dates
Tue Sep 10 - Tue Dec 03
- 13 weeks
- CRN 43399
- Domestic fees $879.42
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 10 - Dec 03 | Tue | 18:00 - 21:30 | Burnaby SW03 Rm. 2620 |
Instructor
Tim Edwards
Course outline
Important information
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This is a degree level course for the Bachelor of Accounting program. Those who have not been formally accepted into the program will require department approval prior to registration. For approval, please send an email to bachelor_accounting@bcit.ca with your BCIT student ID number and a brief explanation of why you wish to register in the course.
Winter 2025
Below is one offering of FMGT 8121 for the Winter 2025 term.
CRN 84169
Dates
Tue Jan 07 - Tue Apr 08
- 13 weeks
- CRN 84169
- Domestic fees $879.42
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
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Class will NOT be held on March 11 (BCIT Spring Break). The final exam will be held during class time IN PERSON at the Burnaby Campus in the classroom listed above. THIS IS A DEGREE LEVEL COURSE FOR THE BACHELOR OF ACCOUNTING PROGRAM. This class will be held virtually, except for mandatory in-person exams. It is a synchronous course, so students are required to attend remotely via Microsoft Teams during the scheduled class times. A webcam and microphone are necessary. Both the midterm and final exams will take place IN PERSON at the Burnaby Campus, in the classroom listed above, during class time. For approval, please send an email to bachelor_accounting@bcit.ca with your BCIT student ID number and a brief explanation of why you wish to register in the course.
Programs and courses are subject to change without notice.