Specialized Knowledge
There are no prerequisites

Course Description

There are a number of important financial concepts that you should be familiar with if you're involved in real estate. This course provides a refresher of basic concepts and tools of accounting, finance, and math that real estate professionals - as well as real estate investors - need to know. Topics covered include balance sheets, income statements, basic accounting concepts, real estate algebra, finance math, and more.


Delta Publishing

For many years, Delta Publishing has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Course Specifics

Specialized Knowledge
Sep 13, 2019
There are no prerequisites

Compliance Information

Qualifies for CA Fraud: No

Learning Objectives

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

Chapter 1

  • Identify basic accounting concepts and procedures.
  • Recognize basic financial statements, their purpose and components, and how real estate items are accounted for.

Chapter 2

  • Recognize the methods of computing interest, basis points, discounting, APR, depreciation, stipulated amount payments, mortgage payoffs, add-on interest, and income capitalization.
  • Calculate area measurement, volume measurement, and front foot calculations.

Table of Contents

 Chapter 1 – Real Estate Accounting

Learning Objectives

Basic Accounting

Financial Statements for Individuals

Income Statement

The Balance Sheet


Financial Statements for Businesses

Accounting Rules

Financial Analysis


Chapter 1 Review Questions

Chapter 2 – Mathematics of Finance

Learning Objectives

The Basic Use of Numbers



Solving for Unknowns



Basis Points


Annual Percentage Rate (APR)

Discounting Second Mortgages


Depreciation (for Tax Purposes)

Stipulated Amount Payments

Mortgage Payoff

Add-On Interest

Income Capitalization

Area Measurement

Volume Measurement

Front Foot Calculations

Chapter 2 Review Questions

Review Question Answers and Rationales

Chapter 1

Chapter 2



Final Examination

Answer Sheet

Course Evaluation

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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