Real Estate Accounting Made Easy by Obioma A. Ebisike
Grasp the fundamentals of real estate accounting, finance, and investments
Real Estate Accounting Made Easy is just thatan accessible beginners guide for anyone who needs to get up to speed on the field of real estate accounting, finance, and investments. Beginning with the elementary aspects of real estate to ensure that youre comfortable with the subject matter, it goes on to explore more in-depth topics in a way thats easy to digest.
The book begins with discussions on introduction to the real estate industry and basic real estate accounting. Building on knowledge from the initial chapters, the book goes on to cover the different form of real estate organizations, financial statements such as the balance sheet, income statement, shareholders equity and the statement cash flow, and more.
Provides theories and practices of real estate from an accounting, financial, and investments perspective
Advanced transactions are discussed in an easy-to-understand manner
Content reflects the FASBs new standards on revenue recognition and lease accounting
Accounting for operating property expenses, operating expenses reconciliation and recoveries, lease incentives and tenant improvements, budgeting, variance analysis are discussed in detail
Covers types of financing for real estate acquisitions, accounting for real estate investments, project development costs, and real estate brokerage
The book also walks you through the financial audit process
If real estate is a new territory for you, fear not! This book helps new auditors, accounting, finance, and investment professionals, and users of financial reports understand the fundamentals of the financial aspect of the real estate business.