Budget & Accounting Class

When: 8/25/2021 - 8/27/2021
TBA | 9:00 AM - 4:00 PM
Charlotte, NC

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. 

Instructor: W. Steven Banner, LEED® AP O+M, CPM®, RPA, CCIM

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:

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:
RPA® designation
PAC and PMFP certificates

List of Attendees

First Name Last Name Company Type Guest of
Frances Barberoglou Colliers BOMA Member
Sherri Commander Lincoln Harris BOMA Member
Jalisia Davis Anchor Health BOMA Member
Blair Honigsbaum Healthcare Trust of America BOMA Member
Lonjezo Maliro-Miller JLL BOMA Member
Crystal McLean Flagship Healthcare Non-Member
Andrew Riddle Riddle Development, LLC BOMA Member
Michelle Starks Childress Klein BOMA Member