Supply Chain Finance and Cost Accounting

Course code OPMT 2240

Credit 3.0

Length 45.0 hours

Course outline View

In this course students will be introduced to the multiple financial concepts which are critical to supply chain management. Firstly, students will learn about different cost accounting items such as labour, material, and overhead costs. Students will then examine job cost and service statements, as well as cost accounting systems. In the second half of the course, students will take a deeper dive into the various financial concepts and principles that relate to supply chains, including working capital management, cash flow optimization, trade credit and payment terms, factoring and invoice discounting.

Prerequisites

MGMT 1015, OPMT 1120.

Course type

This course is offered as part of a VCC program and cannot be taken individually.
International students: Eligibility is determined at the program level. Visit the program page for international student requirements and application information.

  • Introduction to Supply Chain Financial Management and Analysis Costing Methods and Financial Ratios Labour costs and documentation Material costs Overhead costs Job cost and service cost statements Cost accounting systems Working Capital Management (Overview of working capital and its components, Strategies for optimizing working capital within the supply chain, The relationship between working capital and supply chain efficiency) Cash Flow Optimization (Understanding the flow of funds within the supply chain, Techniques to enhance cash flow, Managing payment cycles) Trade Credit and Payment Terms (Exploring trade credit terms, Negotiating and managing trade credit terms, Balancing supplier and buyer needs, Early payment discounts and their implications) Factoring and Invoice Discounting (Factoring and invoice discounting, Benefits and risks associated with invoice financing)

Course schedules

Select your program to see the available course schedules.

CRN# Duration Delivery Location
72763 September 8, 2026
to December 18, 2026
Lecture
Lab
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.

CRN# Duration Delivery Location
42325 January 4, 2027
to April 16, 2027
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.

How to take this course

This course is offered as part of a VCC program only.

Contact us

If you have any questions, please email at [email protected].

† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.

Indigenous Territory Acknowledgment

VCC is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples who have been stewards of these lands since time immemorial.