FIN402: Budgeting, Cash Flow & Reporting

September 14, 2020 8:30 AM to September 15, 2020 4:00 PM
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Please select 'TX-Austin' in the location dropdown box.

The course is 2 days (8:30AM-4:00PM), including lunch and breaks. This is an interactive virtual course with a live instructor. The instructor will share materials, write on a whiteboard, and have two-way communications.  And rest assured – your instructor will take several breaks during the course. 

It’s time to maximize the financial potential of your properties and finally take control of your property’s financial future. In this course, you’ll master all the necessary budgeting and accounting skills to help you meet your owner’s goals, improve NOI and make an impact on your property’s value.

You’ll explore real-life scenarios to better understand the full financial picture of a property, and walk away prepared to identify opportunities and confront challenges.

Register and get the core skills for successful fiscal planning:

    • The “Basics”. We’re talking about basic accounting types, common accounting practices, and the nuts and bolts of budgeting – including types of budgets, variance analysis and financial reports.
    • How to Count that Cash. Finally understand how to conduct a proper cash flow analysis. We’ll cover pro forma statements and cash flow trends.
    • Be Your Own CPA. Unlock the mysteries of accounting. Do you know the difference between fee management and in-house management? Can you use a chart of accounts to organize the financial data in a general ledger? You will.
    • Budget Like a Boss. You’ll compare various budget forecasting methods, and learn to use historical data or market benchmarks for forecasting and monitoring.

 

  • Learning objectives for this course can be downloaded here.

 

Technical requirements for the virtual course:
• Laptop computer, desktop computer, or tablet – with ability to access a Zoom meeting
• Reliable internet connection
• Built-in or external webcam
• Speaker to hear the class
• Microphone to speak to the class

Accessing the course and materials after you register:
You will participate in the course from your own location through IREM Learning. When you log in, you will find a link to your Zoom virtual classroom.  

How will I take the course exam?
After the course is done, you will access the exam in the same place from IREM Learning – you will have 30 days to take and pass the exam.  The instructor will also give you instructions at the conclusion of the course.  Passing the course exam is required to receive IREM certification credit. 

Please select 'TX-Austin' in the location dropdown box.