MSM-1000 Financial Management for the FBO

Quick Facts


Continuing Education Units (CEUs)

Course is Part of this Program
FBO Management Certificate

Course Length
1 month

Course Dates & Locations
Starts: October 15, 2018

Your registration will be handled by a secure payment system. Credit card information will not be saved.



Financial Management for the Fixed Base Operation (FBO) is designed for professionals who want to better understand financial operations for the FBO. It is based on best practices in the general aviation industry, accepted accounting principles and efficient budgeting techniques. The course covers the basics of budgeting, forecasting, financial management, taxation, and cost recovery. It also provides an accounting primer to allow aviation professionals to better understand accounting principles and financial reports. The financial, taxation and insurance considerations of aircraft acquisitions and ownership are also presented. including principles and practices of financial management including cash flow, accounts payable, accounts receivable, introductions to forms, payroll management, sources of funds and tax obligations.

Who Should Attend

  • Fixed Base Operator manager
  • Managers of FBO flight department finances
  • Professionals working in the industry looking to advance their understanding of FBO operations

Course Objectives

  • Overall financial management of the FBO
  • Budgeting and forecasting
  • Cost accounting
  • Accounts receivable and payable
  • Management of payroll
  • Inventory and cost control
  • Taxation and its impact on flight department financial obligations
  • Financial planning
  • Vendor relationships
  • Compliance and enforcement of government regulations

Contact Us

Albert Astbury
Office of Professional Education, Worldwide Campus
600 S. Clyde Morris Blvd.
Daytona Beach, FL 32114-3900

This course is asynchronous and instructor facilitated. You will not be required to log in at the same time as your instructor, but you will have assignments due each week. You can log in at any time to complete course assignments.