Course Description
Budgeting and accounting don’t have to be daunting. They’re fundamental to success.
A budget roadmap should reflect short-term and long-term goals for your property. Monitoring income, expenses, and cash flow against goals are critical to your asset’s performance. Learn these financial building blocks and strategies by earning the new IREM® Skill Badge: Budgeting and Accounting.
We’ve created this skill badge to provide strategies and tactics in budgeting and accounting so you can command your numbers. Are you looking for opportunities to increase effective gross income (EGI), reduce expenses, and raise net operating income (NOI)? Enroll yourself and your entire team in this building-block skill badge. You can’t afford not to have everyone on the same page–financially.
For a small investment, invite every member of your team who affects income and expenses.
After taking the course and passing the exam, Budgeting and Accounting participants can:
- Pinpoint owner’s objectives for the property in current market conditions
- Gain competency in fundamental accounting principles
- Understand financial performance levers and reporting metrics
- Integrate budget elements and cash flow analysis
- Forecast budgets and monitor property performance
Know your numbers. Achieve more of your property’s objectives–together.
Course length:
This self-paced online course is approximately 4-6 hours, followed by the 100-question online exam.
Review our course policies and procedures page for further information