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 valuable skills such as how to compile least 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.

Key topic areas:
Record-keeping requirements
Revenue and expenditure cycles
Cash basis income statement
Financial statements
Annual reports
Lease abstracts
Income and expense budgeting
Working with capital

29 Real Estate Clock Hours Approved


Applies to:
RPA designation
PAC and PMFP certificates