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Budgeting & Accounting


  • Two Liberty Place 50 S. 16th Street, 3rd Floor Executive Briefing Center Philadelphia, PA, 19102 United States (map)

Applies to: FMA® and RPA® designations
Instructor: Karen Thorp | Interstate Building Maintenance Corp.   
Start Date: Thursday, September 14, 2023
End Date: Thursday, November 16, 2023
Class Dates:
9/14, 9/21, 9/28, 10/5, 10/26, 11/2, 11/9, 11/16
Class Time: 5:00 p.m.-8:00 p.m.
Exam: Computer-Based (Exams must be scheduled by student.)
Fee: Members/$825; Non-Members/$1,125 (Fees include book and computer-based exam)
Additional Fees May Apply


Course Description

This course provides information to property managers on how 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:
conveying and financing real estate • contracts • property interests • premises liability • environmental law and concerns • employment relationships and agency • introduction to risk management • insurance company operations • principles of insurance and insurable risk • general liability insurance and employee benefit plans • loss exposures

Applies to:  FMA® and RPA® designations


Registration

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2023 TOBY Awards