British Columbia Institute of Technologywww.bcit.ca/study/courses/bldc1020

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BCIT

BLDC 1020 - Financial Planning and Budget Management

Building Construction Part-time Studies Course

School of Construction and the Environment

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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.

Credits

3.0

Cost

$498.93

Fall 2020

Below is one offering of this course for the Fall 2020 term.

CRN 47094

Tue Sep 08 - Tue Nov 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Nov 24 Tue 17:30 - 20:30 Online Online Delivery

Instructor

Pilar Bonilla

Course Outline

Cost

$498.93

Notes

  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, scheduled 5:30pm - 8:30pm PST each Tuesday for the 12 weeks of the course. 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.

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

In Progress

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

BLDC 1020 is offered as a part of the following programs:

School of Construction and the Environment

  1. Architectural and Building Technology
    Part-time   Certificate

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2020

Books for Fall 2020 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Distance & Online Learning Bookstore

If you are taking this course through either Distance Education or Online Learning, please purchase books for this course at the BCIT Distance & Online Learning Bookstore.

Construction Accounting & Financial Mgmt
Author Peterson
Publisher Ph
Copyright 2020
Binding Hardback
ISBN 978-0-13523-287-3
Price $234.95
Required

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Contact Information

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Contact Information

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If you are interested in taking this course on-campus (classroom delivery only) and would like to see it offered on specific days and/or at specific times, please indicate your preferences below. Day and time suggestions are not applicable to online courses.

The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Information Access and Privacy.

Programs and courses are subject to change without notice.

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English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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