MicroCredential Description
Gain the financial insight every property and facilities manager needs to make informed, confident decisions.
The Examining Financial Statements MicroCredential teaches how to read, interpret, and analyze the financial records essential to effective property management. From understanding key financial documents to evaluating tenant stability and conducting audits, this program equips you with practical knowledge to enhance reporting accuracy and operational performance.
What Will I Learn?
When you complete this program, you'll learn to
- Identify and maintain the key financial records needed for effective property management and compliance
- Interpret income statements, balance sheets, and cash flow statements to understand building performance
- Differentiate between cash and accrual accounting to ensure accurate financial reporting
- Analyze property and tenant financial data to make informed operational and leasing decisions
- Understand the purpose, process, and impact of financial audits within property management
- Communicate financial insights clearly to owners, tenants, and stakeholders to support transparency and trust
Enroll In the Bundle and Save
Looking to take all five Examining Financial Statements MicroCredential courses? Enroll in the bundle to save!
| Delivery Options | Date | Location | Course Sponsor | To Register |
|---|---|---|---|---|
| Online Self-Paced | Begin Anytime | Online | BOMI | Coming Soon! |
Online Self-Paced
Begin Anytime
Online
BOMI
Required ShortCourses for Mastering the Budget MicroCredential
To achieve your MicroCredential, you must complete all five ShortCourses. Click any of the ShortCourses below to register, email [email protected] or call 1.800.235.2664 for more information.
Need CPD?
Get 3 CPD points per ShortCourse or 15 CPD points for the full Mastering the Budget MicroCredential!
Reporting and Record Keeping
Proper financial recordkeeping is the foundation of successful property management. Learn how to track accounts payable and receivable, manage vacancy and delinquency reports, and maintain accurate rent rolls. These records not only support strategic funding and tenant decisions—they also create an audit trail that demonstrates compliance and transparency. This ShortCourse introduces the essential records needed to support budgeting and daily building operations.
Adjusting Financial Statements
Understand the process of refining financial statements through accruals and other adjustments. This ShortCourse explains how financial information evolves, from basic bookkeeping to comprehensive financial reporting, helping you recognize the difference between cash and accrual accounting and interpret each effectively.
Analyzing Financial Records
Discover how to compare and evaluate financial data to measure property performance. Learn techniques for analyzing accrual-based financial statements in accordance with generally accepted accounting principles (GAAP) and use insights to drive operational and investment decisions.
Interpreting Tenant Financial Statements
A tenant’s financial health directly impacts property performance. This ShortCourse explores how to review tenant financial statements to assess strength, stability, and rent reliability—ensuring you can make informed leasing and management decisions that protect your property’s bottom line.
Understanding Financial Audits
Audits are a key component of maintaining credibility in property and facilities management. Learn audit terminology, types of audits, and how to use the audit process to improve operations and build stakeholder trust. This ShortCourse provides the knowledge to navigate both internal and external audit reviews with confidence.