Alert - All BOMA Orlando events and meetings will be virtual unless otherwise noted.  Look for notices on the Weekly Updates and in our caldendar section of the website. We are still connecting our members by virtual events.  Thank you!

Budgeting and Accounting BOMI Course for RPA, PMFP, PAC

BOMI Designation Class Held Virtually

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Monday, April 12, 2021 at 8:00 AM (EDT) to Wednesday, April 14, 2021 at 5:00 PM (EDT)

Event Details

April 12th - 14th Budgeting and Accounting BOMI Course for RPA, PMFP, PAC- Virtual Class

Budgeting and Accounting is designed to enable you to prepare your own building or facilities budget. You will have an opportunity to apply concepts within the real property and facilities context.

The key to accounting is the fundamental accounting equation and the double-entry accounting technique. Activities in this course will guide you through both these concepts. You will also learn about preparing income and expense budgets and explaining budget variances. Case examples involving buildings, tenants, budgeting processes, and leasing requirements provide realistic illustrations of the types of scenarios encountered in day-to-day operations of commercial real estate properties.

Upon successful completion of this course, learners will be able to:

  • Identify potential opportunities for increasing a property’s net operating income
  • Determine recoverable and nonrecoverable operating expenses
  • Establish cost controls
  • Prioritize capital expenditures
  • Explain budget variances to stakeholders
  • Follow best practices in tenant communications
  • Analyze and interpret financial statements of prospective tenants

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

Applies to:
PAC and PMFP certificates
RPA® designation

 

All reservations for the class to guarantee a book for the first day of class is March 12th,
 
PLEASE READ -Registration/Cancellations must be received 15 business days prior to the class start date. No verbal or voicemail requests must be in writing.  No refunds will be issued within 15 business days of the class start date.  The textbook must be returned unopened to BOMA Orlando in all cases where a student cancels the registration.  If the textbook is opened, you will be invoiced $250 as we are unable to return opened books.  You will receive an email confirming that we have received your request to cancel.
 
 

For More Information:

Building Owners and Managers Association Orlando Logo PO Box 568156
Orlando, Florida 32856
United States
(407) 380-3320