CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study Video

Real Estate: Purchases, Valuation, Allocation and Exchanges (Self-Study Video)

1 Credits: Accounting

$70.00

Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)

 Secure Transaction

Real Estate: Purchases, Valuation, Allocation and Exchanges (Self-Study Video)

Format
Self-Study Video
Course Level
Overview
CPE Credits

1 Credits: Accounting

Course Description

The real estate professional needs to be aware of many of the accounting rules for real estate, in order to avoid adverse reporting outcomes. The course covers several key aspects of the accounting for real estate including the purchase of income-producing property, retail valuation, cost and cost allocations, as well as non-monetary exchanges.

Show More
Show Less

Learning Objectives

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

  • Specify the types of project costs, as well as when and how to capitalize interest on a real estate project
  • Identify the steps involved in accounting for an acquired income-producing property, as well as the process flow for goodwill impairment testing
  • Recognize valuation principles and important cost allocations related to real estate
  • Identify the options available for valuing exchanged property, and the use of boot in calculating profits
Show More
Show Less

Course Specifics

Course ID
1223579VID
Revision Date
January 25, 2022
Prerequisites

None

Advanced Preparation

None

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Kelen Camehl Headshot

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …