Developing and adhering to a budget is a vital aspect of a manager's job. Take this course and return to your job better prepared to address, analyze, and report on association finances. See how the budget development process works, from the identification of items and their importance through budget approval. You'll also learn how to:

• Develop budget line items using zero-base budgeting and historical trend budgeting
• Transform budget development into a financial planning process
• Reconcile budget revenues and expenses—balance the budget
• Recognize and analyze your association's various financial reports and records
• Present financial reports to your board of directors in a professional and logical manner
• Use your budgets and financial reports as management and decision making tools
• Create a budget using historical trends
• Identify the level of service for an association budget
• Understand replacement reserves and basic investment principles
• Assess the benefits of accrual and fund accounting for community associations

RESOURCES
This online course is designed as a standalone course, and individuals are able to start the class as soon as they register. In addition to this online course, you will receive a Participant Guide in the mail. The Participant Guide is intended to be a supplemental resource that students can refer back to after completion of the class. Please allow 2-3 weeks for delivery.

FORMAT
4-6 hours to complete the course. Students have 4 months—120 days from purchase date—to complete the course and take the 60-minute exam to receive credit.

CERTIFICATE
Once you have successfully passed the online course, you will receive a certificate of completion from CAI’s website.