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Financial Planning and Budget Management BLDC 1020

Building Construction Course

International Fees

International fees are typically three times the amount of domestic fees. The exact cost will be displayed prior to confirming registration.

Course details

​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

Cost

$530.25

Course offerings

Fall 2023

Below are two offerings of BLDC 1020 for the Fall 2023 term.

CRN 47094

Duration

Tue Sep 05 - Tue Nov 21 (12 weeks)

  • 12 weeks
  • CRN 47094
  • $530.25
Class meeting times
Dates Days Times Locations
Sep 05 - Nov 21 Tue 17:30 - 20:30 Online
Instructor

Pilar Bonilla

Course outline

View

Cost

$530.25

Important information
  1. Internet delivery format.
  2. ***This is not a self-paced course. There will be specific time lines for assignments and exams.*** A computer with speakers is required for this course. You must also have an e-mail address and access to a computer capable of downloading basic documents. Students will participate in weekly "Virtual Classroom" sessions, per the above class schedule. Important course information will be sent to registered students closer to course start date. Make sure your email address on your student account is correct and up to date.
Status

In Progress and Full

This course offering is in progress and full. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

CRN 48352

Duration

Wed Sep 06 - Wed Nov 22 (12 weeks)

  • 12 weeks
  • CRN 48352
  • $530.25
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 22 Wed 08:00 - 11:00 Online
Instructor

Pilar Bonilla

Course outline

View

Cost

$530.25

Important information
  1. Internet delivery format.
  2. ***This is not a self-paced course. There will be specific time lines for assignments and exams.*** A computer with speakers is required for this course. You must also have an e-mail address and access to a computer capable of downloading basic documents. Students will participate in weekly "Virtual Classroom" sessions, per the above class schedule. Important course information will be sent to registered students closer to course start date. Make sure your email address on your student account is correct and up to date.
Status

In Progress

This course offering is in progress. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

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:

School of Construction and the Environment

  1. Architectural and Building Technology
    Certificate Part-time

Contact Us

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  • Privacy Notice: The information you provide will be used to respond your request for BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email: privacy@bcit.ca.