Course Overview
This course discusses how financial statements for a home building business are produced and analysed, along with the skills required to manage a successful business. Basic concepts of accounting and financial reporting will be reviewed. Financing sources and management of debt will be studied. Financial Planning and business performance evaluation skills and techniques will be examined and students will learn how to create budgets, cash flows, and pro-forma as tools to build a profitable business.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
3.0
Domestic fees
$576.00 - $620.01 See individual course offerings below for actual costs.
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Explain the role of accounting in financial management and planning.
- Interpret accounting transactions and their relationship to financial statements.
- Demonstrate basic understanding of accounting concepts, principles, and practices using principles of double-entry bookkeeping to record transactions for a construction business.
- Complete accounting and financial transactions within an accounting system.
- Prepare financial statements (Income Statement, Cash Flows, Statement of Owner's Equity and the Balance Sheet) for a construction business.
- Describe the nature and purpose of pro-forma statement of operations and differentiate various financial reports.
- Interpret financial reports .
- Evaluate financial performance from financial statements using key financial ratios.
- Prepare operating budgets and differentiate various budgetary controls.
- Carry out a cost and profit analysis.
Effective as of Winter 2020
Related Programs
Financial Planning and Budget Management (BLDC 1020) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Construction and the Environment
- Architectural and Building Technology
Certificate Part-time
Course Offerings
Fall 2026
Below are two offerings of BLDC 1020 for the Fall 2026 term.
CRN 47094
Dates
Sep 08 - Nov 24 Loading
- CRN 47094
- $576.00 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 08 - Nov 24 | Tue | 17:30 - 20:30 | Online |
Duration
12 weeks
Instructor
Pilar Bonilla
Course outline
Important information
- ***This is not a self-paced course. Students will participate in weekly "Virtual Classroom" sessions, per the above class schedule.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 51265
Dates
Sep 12 - Nov 28 Loading
- CRN 51265
- $620.01 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Nov 28 | Sat | 09:00 - 12:00 | Burnaby |
Duration
12 weeks
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Winter 2027
Below is one offering of BLDC 1020 for the Winter 2027 term.
CRN 88249
Dates
Jan 05 - Mar 23 Loading
- CRN 88249
- $576.00 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Mar 23 | Tue | 17:30 - 20:30 | Online |
Duration
12 weeks
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- ***This is not a self-paced course. There will be specific time lines for assignments and exams.*** Students will participate in weekly "Virtual Classroom" sessions, per the above class schedule.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.