Budgeting and Accounting

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 interpret financial statements, annual reports, and statements of cash flows. You will also learn practical skills such as how to compile 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.

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, and RPA designation

ACE credit recommendation: 2 semester hours, lower division baccalaureate in Business Administration, Bookkeeping, Accounting, or Facilities/Property Management

Date: Wednesday nights, April 4 through May 23, 2018
Time: 6:00 to 9:00 pm
Location: Orchard Commercial, Lobby Conference Room
2055 Laurelwood Road, Santa Clara 95054
Instructor: Melissa Bowman, Orchard Commercial 
BOMA SV Member $825 (includes testing fee)
Non-Member $1150 (includes testing fee)
New Student Designation Enrollment Fee: $225*
2nd or 3rd Designation Enrollment Fee: $100**
Individual Course Enrollment Fee: $100***


*There is a $225 one-time enrollment fee for new students enrollng in a certificate or designation program.

**There is a $100 enrollment fee for students enrolling in a second or third certificate or designation program.

***There is a $100 enrollment fee if you take an individual course. If you take an individual course, then decide to enroll in a certified or designation program, the $100 fee from your first course (only) may be applied toward the $225 enrollment fee for your first certificate or designation program. Contact the office for credit.

Fees are non-refundable and must be paid with or before enrolling in a course, certificate, or designation program. You must register 5 business days prior to the class start date. A $100 late registration fee may be applied to any registrations received thereafter.

For more information, please contact the BOMA Office at 408-453-7222.


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