How to master property management accounting
Learn best practices to help secure your managed property's financial health
Mastering property management accounting
As a property manager, you're in charge of following regulations, overseeing operations, and balancing relationships at the property you manage. Additionally, you're probably responsible for the property's financial health. While collecting rent and expensing services may be straightforward, one area a lot of property managers struggle with is accounting. Luckily, IREM® can help you learn and even master property management accounting.
Introduction to Property Management Accounting
In this entry-level course, you will learn accurate and efficient accounting practices from a real estate expert. A good accounting baseline will help ensure the overall financial health of the property you manage.
By the end of the course, you will be able to:
- Define key terms and classify accounting practices
- Describe the chart of accounts
- Summarize the purchase order process
- Identify functionalities of accounting software
Explore more courses on property management accounting
Introduction to Budgeting
This entry-level course will walk you through the basics of how to prepare and review an effective, accurate, and error-free budget that properly reflects your finances.
Introduction to Real Estate Debt
In this course, you'll understand how to create a positive financial impact by learning the structure of loans and the strategies to manage the terms and conditions for maximizing cash flow.
Budgeting and Accounting
Learn how to increase effective gross income (EGI), reduce expenses, and raise net operating income (NOI). After completing the course, earn a badge that demonstrates your expertise.
Nearly 20,000 real estate management professionals trust IREM for their professional development.
Why IREM?
For over 90 years, IREM's members have made us the world's strongest voice for all things real estate management. Today, almost 20,000 leaders in commercial and resident management call IREM home for learning, certifications, and networking. We have the education library to help you prepare for the day-to-day and to tackle real estate management's most dynamic challenges.
