Specialized Industry GAAP: Real Estate

Course Description:

This course discusses all of the important authoritative pronouncements on GAAP for this specialized industry. This course addresses accounting principles, financial reporting presentation requirements, required and recommended disclosures for real estate, title plant, and mortgage banking industries.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Identify different lending agencies within the mortgage banking industry
• Recognize accounting issues for title plants
• Distinguish between retail land sales and other sales of real estate
• Recognize accounting treatment for real estate – such as full accrual method, installment method, and capitalization issues