Director Certificate Program - 103 - Budget, Audit & Financial Statements Fundamentals

Director Certificate Program - 103 - Budget, Audit & Financial Statements Fundamentals 

- Wednesday, May 22, 2024 

- 5:00 - 7:00pm

 About the course 

The oversight and approval of the finances of the corporation is one of the most important of a director’s responsibilities. They must ensure there is sufficient funds available to run the operations of the corporation and to carry out major repairs and replacements to the common elements. An annual budgeting and monitoring process is important for ensuring sufficient funds are raised and that spending is controlled. This course is essential in understanding how to control expenditures, safeguard assets, maintain reliable records, and provide meaningful financial statements to owners.

In this course, the participant will be introduced to the development of an annual budget; planning the process to ensure timely completion; reviewing monthly financial statements; and the annual audit process.