Budgeting and Accounting features applications and problems you can use to create building and
facilities budgets. In this course, you will have the opportunity to apply concepts within the real property and
facilities context. You will follow the accounting process and creation of a budget from start to finish, learning
such valuable skills as how to interpret financial statements, annual reports, and statements of cash flow. You
will also learn practical skills such as how to complete lease abstracts and prepare rent rolls.
The course includes valuable exercises pertaining to computing productivity ratios, depreciation, ending cash
balances, preparing income and expense budgets, and explaining budget variances.
For RPA Designation
Major topics covered in this course:
- Record-keeping requirements
- Revenue and expenditure cycles
- Cash basis income statement
- Financial statements
- Annual reports
- Leaser abstracts
- Income and expense budgeting
- Working with capital
You will take away these key concepts and skills:
- The know-how to analyze and interpret financial statements of prospective tenants.
- The ability to calculate income and expense items, develop capital budgets, write lease abstracts,
establish cost controls, and construct property or facilities budgets.
ACE credit recommendation: 2 semester hours, associate degree, lower division baccalaureate
Every Thursday evening beginning January 10, 2008 |
