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Financial Planning and Budget Management BLDC 1020

Building Construction Course

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

$519.05

Course offerings

Fall 2022

Below is one offering of BLDC 1020 for the Fall 2022 term.

CRN 48352

Duration

Fri Sep 09 - Fri Dec 09 (12 weeks)

  • 12 weeks
  • CRN 48352
  • $519.05
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 09 Fri 13:00 - 16:00 Online
Instructor

Pilar Bonilla

Course outline

View

Cost

$519.05

Important information
  1. Internet delivery format.
  2. There will be no class September 30th and November 11 statutory holidays. ***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.
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.

Winter 2023

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

CRN 88249

Duration

Tue Jan 10 - Tue Mar 28 (12 weeks)

  • 12 weeks
  • CRN 88249
  • $519.05
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 28 Tue 17:30 - 20:30 Online
Instructor

Pilar Bonilla

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$519.05

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.
Status

Full

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

CRN 89605

Duration

Fri Jan 13 - Fri Mar 31 (12 weeks)

  • 12 weeks
  • CRN 89605
  • $519.05
Class meeting times
Dates Days Times Locations
Jan 13 - Mar 31 Fri 13:00 - 16:00 Online
Instructor

Pilar Bonilla

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$519.05

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.
Status

Full

This course offering is full. 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.