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

Important Notice: COVID-19 Institute response

BCIT

BLDC 1020 - Financial Planning and Budget Management

Building Construction Part-time Studies Course

School of Construction and the Environment

BCIT is planning for a substantial return to on-campus activity for the Winter 2022 term as informed by BC Provincial Health Officer guidelines. Refer to each course listing for details.

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

$508.80

Winter 2022

Below are two offerings of this course for the Winter 2022 term.

CRN 88249

Tue Jan 04 - Tue Mar 22 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Mar 22 Tue 17:30 - 20:30 Online

Instructor

Pilar Bonilla

Course Outline

Cost

$508.80

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 every Tuesday for the 12 weeks of the course.

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.

In Progress and Full

CRN 89605

Fri Jan 07 - Fri Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 25 Fri 13:00 - 16:00 Online

Instructor

Pilar Bonilla

Course Outline

Cost

$508.80

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 1:00pm - 4:00pm PST every Friday for the 12 weeks of the course.

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

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English Language Proficiency

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