Examining Financial Statements MicroCredential
Gain the financial insight every property and facilities manager needs to make informed, confident decisions.
The Examining Financial Statements MicroCredential teaches how to read, interpret, and analyze the financial records essential to effective property management. From understanding key financial documents to evaluating tenant stability and conducting audits, this program equips you with practical knowledge to enhance reporting accuracy and operational performance.
What Will I Learn?
When you complete this program, you’ll learn
- Identify and maintain the key financial records needed for effective property management and compliance
- Interpret income statements, balance sheets, and cash flow statements to understand building performance
- Differentiate between cash and accrual accounting to ensure accurate financial reporting
- Analyze property and tenant financial data to make informed operational and leasing decisions
- Understand the purpose, process, and impact of financial audits within property management
- Communicate financial insights clearly to owners, tenants, and stakeholders to support transparency and trust
Ready to take it to the next level? Stack your BOMI ShortCourses by taking all five! You’ll earn your MicroCredential and a digital badge. Digital badges can be used in email signatures, digital resumes, and social media sites such as LinkedIn and Facebook. This digital image contains verified metadata that describes your qualifications and the process required to earn them.
Reporting and Record Keeping
Proper financial recordkeeping is the foundation of successful property management. Learn how to track accounts payable and receivable, manage vacancy and delinquency reports, and maintain accurate rent rolls. These records not only support strategic funding and tenant decisions—they also create an audit trail that demonstrates compliance and transparency. This ShortCourse introduces the essential records needed to support budgeting and daily building operations.
Adjusting Financial Statements
Understand the process of refining financial statements through accruals and other adjustments. This ShortCourse explains how financial information evolves, from basic bookkeeping to comprehensive financial reporting, helping you recognize the difference between cash and accrual accounting and interpret each effectively.
Analyzing Financial Records
This ShortCourse teaches you how to analyze and compare financial statement data with other operating metrics to evaluate property performance and make more informed business and investment decisions in commercial real estate. Learn how to translate raw financial data into meaningful operational context and extract insights that drive smarter management outcomes.
Interpreting Tenant Financial Statements
A tenant’s financial health directly impacts property performance. This ShortCourse explores how to review tenant financial statements to assess strength, stability, and rent reliability—ensuring you can make informed leasing and management decisions that protect your property’s bottom line.
Understanding Financial Audits
Audits are a key component of maintaining credibility in property and facilities management. Learn audit terminology, types of audits, and how to use the audit process to improve operations and build stakeholder trust. This ShortCourse provides the knowledge to navigate both internal and external audit reviews with confidence.