Accounting & Finance for the Non-Financial Property Manager
This course is geared for the Property Manager to focus on the accounting and financial aspects of the preplanned community. It demystifies finance. It explains simply and clearly what the key financial statements mean, how they work and relate to each other and how your actions as a manager affect them and your business. Topics include: Double Entry Bookkeeping, Cash versus Accrual Accounting, Financial Statements, Internal Controls and Audit Reports, Financial Statements, Investment Management, Asset Reserve Reports, Treasurer Reporting and Board Oversight.
Budgeting, Project Development & Management
The financial "Blue Print" for the organization to achieve its financial goals is the organizational budget. Learn the methods and techniques which are used to develop and effectively manage by exception the organizational budget which will have three distinct components: Operating Budget, Cash Flow Budget and Capital Budget. Learn techniques as to how to capture and analyze critical data elements for budget preparation as well as investigation to assure financial management performance within the budget. Also, prepare financial projections for competing projects as well as the project management essentials for a successful project.
Property Manager Certificate
The Property Manager Certificate Program offers the student an opportunity to learn the basic elements and requisite knowledge of financial management, small business management, and related skills as well as legal issues to effectively execute his/her duties. While this program is focused on common area realty associations including Adult Communities, the subject matter of this program provides information also applicable to Apartment Buildings, Office Buildings, Shopping Centers, Industrial Complexes, and a multitude of other properties.To earn the Property Manager Certificate, candidates must complete ten (10) required courses which include six (6) core and four (4) elective courses. Each course will expose the student to the basics of the subject matter and is designed to provide the student with a general understanding of the related topics to fulfill the learning experience.
Who Should Attend?
- Applicants desiring to enter the Property Management Field
- Existing Property Managers & Management Personnel desiring to expand knowledge
- Consultants to the Property Management Field
- Others looking to better understand the role of the Property Manager
- Accounting & Finance for the Non-Financial Property Manager (CEBM 326)
- Budgeting and Project Development and Management (CEBM 327)
- Small Business Management for Property Managers (CEBM 328
- Legal Issues of Real Estate & Property Management (CEBM 329)
- Property Management Essentials (CEBM 331)
- Marketing Management of Real Estate Properties (CEBM 333)
Electives: Select 4
- Art of Delegating Effectively (CEBM 627)
- Building High Performance Teams (CEBM 334)
- Conflict and Negotiation Skills (CEBM 609)
- Customer Focus (CEBM 607)
- Meeting Management (CEBM 224)
- Understanding Organizational Stress (CEBM 336)
- Alternative Dispute Resolution (CEBM 406)
To earn this certificate, you will need to successfully complete the required six (6) core and four (4) elective courses. Additional courses will be offered during the spring and summer semesters.
Understanding Organizational Stress
The demands of work, home and society can place a lot of stress on just about anyone. This workshop will help you identify your personal stressors through a stress indicator and will explore some techniques to manage and prevent stress. Topics include: being better able to deal with stressful situations; becoming more stress-resilient; developing time management and problem solving skills; being flexible in the face of change, and dealing with anger and worry.
Legal Issues of Real Estate Properties
Whether the property consists off a single building or numerous buildings and amenities that span several acres, it is imperative that it be managed in accordance with the governing documents, which may include a Deed of Indenture, By-Laws, Rules and Regulations and applicable laws. The relevance and applicability of each document will be discussed. Laws against discrimination and laws that apply to specific types of properties will be examined. The procedures for amending the governing documents will be discussed.