Accounting

Intermediate Accounting I 
This course introduces students to the more complex issues of financial accounting. The course builds on the concepts introduced in FMGT 1115 and FMGT 1215 or FMGT 2293. Topics include the conceptual framework, financial statement presentation, revenue and expense recognition, current monetary balances, inventories, capital assets, and investments.

Financial Accounting II 
This course concludes the introduction to financial accounting which began in FMGT 1115. The course examines the right side of the accounting equation, liabilities, and shareholders equity, as well as introducing some other specific accounting issues. Topics include current liabilities, long-term liabilities, shareholders equity, investment, partnerships, statement of cash flows, and financial statement analysis.

Langara FMGT 1116

Accounting for Managers 

This course provides an overview of basic financial and management accounting principles and techniques, including the managerial use of financial statements and other financial information for decision-making purposes. Students will initially be introduced to the principles and techniques used in financial accounting

Financial Accounting I 

This course is an examination of the basic techniques, principles and concepts involved in the construction and interpretation of financial reports prepared for external users.

Students will examine the basics of managerial accounting including the gathering of costs, allocation of costs to products and services and the effects of these costing methods on the managerial use of the information. In addition, measurement, control and alternative choice information are examined as outputs of a managerial accounting system. Specific topics include direct cost analysis, overhead application methods, budgeting (static and flexible) and alternative choice decisions based on relevant revenues and relevant costs. Also, the uses of responsibility centers (cost, revenue, invoice and ROI) are analyzed from a motivational point of view, and the establishment of supervisory information (variance analysis) and related departmental responsibility techniques are examined.

Accounting 102 continues the basic principles, concepts, and applications of financial accounting that were introduced in Accounting 101. Upon completion of this course, students will have a complete understanding of the balance sheet, income statement, and statements of changes in owner's equity, and apply the basic principles and concepts of financial accounting in the evaluation of assets, liabilities, and owner's equity.

This course introduces students to the basic principles, concepts, and applications of financial accounting. Upon completion of the course, students will be competent in all functions of the accounting cycle including preparation of financial statements, applying the basic principles and concepts of financial accounting in the evaluation of assets, and being conversant with internal control procedures involving assets