Fine Tune Your Budgeting & Accounting Skills at BOMI's Course June 26-28
Friday, May 2, 2014
by: BOMA San Diego's Education Committee

Section: Committee Corner





Learn how to create building and facilities' budgets more quickly and efficiently through BOMI's Budgeting and Accounting course! This three-day class will equip students with the applications and knowledge needed to master the art of budgeting and accounting for their property's needs.
 
Students will have the opportunity to apply concepts within the real property and facilities context by:
  • Following the accounting process and creation of a budget from start to finish
  • Gaining valuable skills such as how to interpret financial statements, annual reports, and statements of cash flows
  • Learning practical skills such as how to compile lease abstracts and prepare rent rolls.
 
Additionally, the course includes valuable exercises pertaining to computing productivity ratios, depreciation, ending cash balances, preparing income and expense budgets, and explaining budget variances.
 
Key topic areas:
  • Record-keeping requirements
  • Revenue and expenditure cycles
  • Cash basis income statement
  • Financial statements
  • Lease abstracts
  • Income and expense budgeting
  • Working with capital

This course applies to BOMI's PAC and PMFP certificates and the RPA® designation. Please click here to register for the course and visit the BOMI website for more information.