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IRES2330 - Reserve Fund Financial Fundamentals

This course is designed as an introduction to reserve fund accounting, capital and reserve fund budgeting. It is intended for individuals who are interested in pursuing the CRP (Certified Reserve Planner and ARP (Associate Reserve Planner) designations. Credit is awarded for this course upon successful completion of an online exam. 

The course will consist of lectures followed by hands-on exercises. The course will also try to improve presentation skills of participants. At the end of the course the participants will be able to identify how the Reserve Fund fits into the accounting system, use the basic steps to plan a Reserve Fund Study and will be able to communicate the Reserve Fund information to users.

Course Content

  • Reading and understanding financial statements
  • Developing reserve fund historical operation
  • Key concepts on investing. What is allowed and not allowed under legislation
  • Key concepts on inflation, trends and measurement techniques
  • Developing and understanding the 30 year projection
  • Completion of the Benchmark Analysis
     

Who Should Attend

  • Certified Property Managers
  • Engineers
  • Accredited Appraisers
     
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