The RPA-required Budgeting and Accounting course 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.
This course applies to PAC and PMFP, as well at the RPA® designation.
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
Course schedule: Every Wednesday night from 5:30 pm - 8:00 pm, beginning August 5 and ending September 23, 2020
Instructor: Melissa Bowman, Vice President and Controller, Orchard Commercial
- BOMA Members: $950 - or just $700 if you take advantage of the $250 education reimbursement available to BOMA principal members! Click here to learn more. This cost includes the textbook.
- Non-members: $1,175
- Designation Course Enrollment Fee (required by BOMI): $100 (pay each course if not enrolling in the RPA or FMA Designation program)
- RPA or FMA Designation Enrollment Fee (required by BOMI): $225 (one time only)
Apply for a BOMA Scholarship!
Did you know BOMA members and non-members can apply for the BOMA Silicon Valley Sherie Dunn education scholarship? Awarded once a quarter, this scholarship provides paid registration for one of the following 1) BOMI class offered for a designation or certificate program anywhere in the USA 2) A qualifying college level real estate course or 3) A real estate school course to count towards a CA BRE license or license renewal. To apply or learn more, click here.