  Photometric observations obtained by the MOST satellite were used to
characterize optical small scale variability of the young stars FU Ori and Z
CMa. Wavelet analysis for FU Ori reveals the possible existence of several 2-9
d quasi-periodic features occurring nearly simultaneously; they may be
interpreted as plasma parcels or other localized disc heterogeneities revolving
at different Keplerian radii in the accretion disc. Their periods may shorten
slowly which may be due to spiralling in of individual parcels toward the inner
disc radius, estimated at 4.8+/-0.2 R_sun. Analysis of additional multicolour
data confirms the previously obtained relation between variations in the B-V
colour index and the V magnitude. In contrast to the FU Ori results, the
oscillation spectrum of Z CMa does not reveal any periodicities with the
wavelet spectrum possibly dominated by outburst of the Herbig Be component.
