Real Estate Accounting Made Easy

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9780470603390: Real Estate Accounting Made Easy
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All the fundamentals of accounting and finance of the realestate industry-made easy

Providing both the theories and practices of real estate from anaccounting and financial perspective, Real Estate AccountingMade Easy is a must-read for anyone who needs a thorough andeasier understanding of the real estate industry.

  • Walks you through the audit processes, including how to preparethe audit and the different kinds of audits
  • Helps new auditors, the company being audited, and users ofaudit reports understand the fundamentals of the financial aspectof the real estate business
  • Includes forms of real estate ownership, sole ownership,partnerships, joint ventures and real estate investment trusts(REITs), including the advantages and disadvantages of theseentities covered in detail

A practical guide to the field of real estate accounting andfinance, this easy-to-understand introductory and intermediary bookon the field of real estate begins with the elementary and basicaspects of real estate to ensure that those that are new to thefield are comfortable with this often-complicated subjectmatter.

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From the Inside Flap:

Real Estate Accounting Made Easy

For laypeople and accountants with little or no real estateaccounting experience, Real Estate Accounting Made Easy is acomplete and easy-to-use road map to a broad range of real estateaccount-ing topics.

Starting with an introduction to real estate terms and products,and the fundamentals of real estate accounting, this book goes fromsole ownership—the simplest form of real estateownership—to other forms of ownership such as partnerships,joint ventures, and real estate investment trusts (REITs).

Take a look inside for just-the-basics coverage of:

  • Forms of real estate entities

  • Accounting for operating property revenues and expenses

  • Accounting for capital improvements and tenant inducements

  • Real estate valuation and investment analysis

  • Accounting for real estate investments and acquisition costs

  • Accounting for project development costs on GAAP basis

More complex types of transactions, such as development projectrevenue recognition, are also discussed in depth. In addition,you'll learn what to expect from audits that real estate entitiesare subjected to, with audit processes and procedures broken downto help you—whether you are an auditor, accountant, ormanager—to understand the roles and importance of audits.

This how-to guide offers a wealth of practical information forputting real estate accounting principles to work for yourorganization. It's the ins and outs of accounting for realestate—made easy.

From the Back Cover:

A hands-on guide to the ins and outs of real estateaccounting—made easy!

Boiling down the complicated details of real estate accountinginto manageable essentials, Real Estate Accounting Made Easyequips you with the tools you need to successfully run thefinancial and accounting operations within your organization.

Always practical and never over-technical, this helpfulguide:

  • Discusses straightforward accounting terminology

  • Clearly explains real estate accounting

  • Covers the characteristics, advantages, and disadvantages ofentities in which real estate assets are held

  • Equips you to understand the reporting entity

  • Helps you become conversant in various real estate accountingtopics

Author Obioma Anthony Ebisike, a leading authority on realestate accounting, offers workable information in basicterminology. Even if you do not have a professional grasp ofaccounting principles and financial reporting, this book makes itall clear with accounting rules explained in terms anyone canunderstand, to help you better fulfill your duties.

Suitable for investors, analysts, accountants, and auditors,Real Estate Accounting Made Easy is your essential guide fora clear, concise explanation of real estate accounting finance.

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Book Description John Wiley and Sons Ltd, United Kingdom, 2010. Hardback. Condition: New. Language: English. Brand new Book. All the fundamentals of accounting and finance of the real estate industry-made easy Providing both the theories and practices of real estate from an accounting and financial perspective, Real Estate Accounting Made Easy is a must-read for anyone who needs a thorough and easier understanding of the real estate industry. * Walks you through the audit processes, including how to prepare the audit and the different kinds of audits * Helps new auditors, the company being audited, and users of audit reports understand the fundamentals of the financial aspect of the real estate business * Includes forms of real estate ownership, sole ownership, partnerships, joint ventures and real estate investment trusts (REITs), including the advantages and disadvantages of these entities covered in detail A practical guide to the field of real estate accounting and finance, this easy-to-understand introductory and intermediary book on the field of real estate begins with the elementary and basic aspects of real estate to ensure that those that are new to the field are comfortable with this often-complicated subject matter. Seller Inventory # AAH9780470603390

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Book Description John Wiley and Sons Ltd, United Kingdom, 2010. Hardback. Condition: New. Language: English. Brand new Book. All the fundamentals of accounting and finance of the real estate industry-made easy Providing both the theories and practices of real estate from an accounting and financial perspective, Real Estate Accounting Made Easy is a must-read for anyone who needs a thorough and easier understanding of the real estate industry. * Walks you through the audit processes, including how to prepare the audit and the different kinds of audits * Helps new auditors, the company being audited, and users of audit reports understand the fundamentals of the financial aspect of the real estate business * Includes forms of real estate ownership, sole ownership, partnerships, joint ventures and real estate investment trusts (REITs), including the advantages and disadvantages of these entities covered in detail A practical guide to the field of real estate accounting and finance, this easy-to-understand introductory and intermediary book on the field of real estate begins with the elementary and basic aspects of real estate to ensure that those that are new to the field are comfortable with this often-complicated subject matter. Seller Inventory # AAH9780470603390

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Book Description John Wiley and Sons Ltd, United Kingdom, 2010. Hardback. Condition: New. Language: English. Brand new Book. All the fundamentals of accounting and finance of the real estate industry-made easy Providing both the theories and practices of real estate from an accounting and financial perspective, Real Estate Accounting Made Easy is a must-read for anyone who needs a thorough and easier understanding of the real estate industry. * Walks you through the audit processes, including how to prepare the audit and the different kinds of audits * Helps new auditors, the company being audited, and users of audit reports understand the fundamentals of the financial aspect of the real estate business * Includes forms of real estate ownership, sole ownership, partnerships, joint ventures and real estate investment trusts (REITs), including the advantages and disadvantages of these entities covered in detail A practical guide to the field of real estate accounting and finance, this easy-to-understand introductory and intermediary book on the field of real estate begins with the elementary and basic aspects of real estate to ensure that those that are new to the field are comfortable with this often-complicated subject matter. Seller Inventory # BTE9780470603390

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