CCISA: Introductory Financial Management & Successful Budgeting
March 11, 2025 | 06:00 PM - 09:30 PM - 2025-03-11 06:00 PM 2025-03-11 09:30 PM CCISA: Introductory Financial Management & Successful Budgeting RJC Engineers (200, 1816 Crowchild Trail NW) America/Edmonton
Introductory Financial Management and Successful Budgeting Course
Date: Tuesday, March 11, 2025
Time: 6:00 - 9:30pm
Place: RJC Engineers
Address: 200, 1816 Crowchild Trail NW
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 provide 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
- Introductory acknowledgements, CCI introduction and objectives and course objectives
- Financial obligations of the Board and the Treasurer
- Condominium financial statement basics
- The capital replacement reserve fund plan basics
- Successful budgeting basics
- Budget planning
- Special assessments
- Budget contributions
- ABC Condominium Corporation: Budget Exercise
Course Fee:
- Member: FREE
- Non-member: $295.00