BOMI Budgeting & Accounting
Wednesdays and Fridays, May 7th, 12th, 14th, 19th, 21st, 26th, June 2nd, 4th, 9th, 11th, 16th, 18th, 23rd, 25th, 30th
10:00 am – 12:00 pm
Live Virtual Course via Adobe Connect
Instructor: Barry Familetto, Stetson Management & Development
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.
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 this 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:
Revenue and expenditure cycles
Cash basis income statement
Income and expense budgeting
Working with capital
If you've already been enrolled in a BOMI Course:
BOMA Boston Member $1,150 - Please sign in to register online.
Non-Member $1,300 - Please contact Courtney McHugh, firstname.lastname@example.org.
New BOMI Enrollment
New Student— RPA, FMA Designation Fee $225
New Student—Single Course Fee $100
Questions or to register?
Please Contact Courtney McHugh, email@example.com