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  South Alberta Chapter

CCISA: Introductory Financial Management & Successful Budgeting

January 22, 2025 | 06:00 PM - 09:30 PM  -  2025-01-22 06:00 PM 2025-01-22 09:30 PM CCISA: Introductory Financial Management & Successful Budgeting RJC Engineer (200, 1816 Crowchild Trail NW) America/Edmonton

 

Introductory Financial Management and Successful Budgeting

This in-person course is FREE for CCI Members!

 

The Canadian Condominium Institute, South Alberta Chapter is pleased to extend this course to new condominium corporation directors and property managers and in particular corporation presidents and treasurers. This course will give them the tools necessary to understand financial management principles and successfully prepare an annual budget. The course duration is approximately 3.5 hours.

Objectives:

• Board financial management obligations
• Understand condominium corporation financial statements
• Understand a capital replacement reserve fund plan
• Examine necessary tools to prepare an annual budget
• Create a condo corporation budget

Course Outline

1. Introductory acknowledgements, CCI introduction and objectives and course objectives
2. Financial obligations of the Board and  the Treasurer
3. Condominium financial statement basics
4. The capital replacement reserve fund plan basics
5. Successful budgeting basics
6. Budget planning
7. Special assessments
8. Budget contributions
9. ABC Condominium Corporation:  Budget Exercise

Course Fee:

• Member: FREE
• Non-member: $295.00

 

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