Course Description
Specialized GAAP – Real Estate Accounting
Specialized Industry Gaap – Real Estate Accounting discusses all of the important authoritative pronouncements on GAAP for this specialized industry. This course addresses accounting principles, financial reporting requirements for real estate, title plant, and mortgage banking industries.
Course information
Course No. 7032
Format: Online pdf (47 pages).
Instructional Delivery Method: QAS Self-Study
Prerequisites: None
Advance Preparation:None
Level: Overview
CPE Credit: 2 hrs.
Field of Study: Accounting
Course expiration: You have one year from date of purchase to complete the course.
Course Revision Date: April 2019
Objectives
After completing this course you should be able to:
• Identify different lending agencies within the mortgage banking industry.
• Recognize accounting issues for title plants.
• Identify the revenue recognition standard applied to sales of real estate.
• Recognize how the lease standard affects real estate entities.
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