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Thursday, July 9, 2015 Live

Real Estate Accounting and Auditing (E1507073)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in AA

OVERVIEW

Real estate assets have some unique features which can affect the way real estate transactions are structured, accounted for, and audited. How do you record asset impairments? How do you handle reporting issues related to rental operations? These are just some of the many special considerations that apply to real estate. If you advise or work for companies with real estate holdings, this course is for you. Learn how to identify the three distinct stages of real estate assets, then examine and apply the accounting and auditing standards governing each stage.

DESIGNED FOR

Financial managers, auditors and analysts involved with real estate transactions and holdings.

BENEFITS

  • Recall key points related to the relevant accounting and auditing standards to real estate
  • Identify complex accounting and auditing problems surrounding real estate transactions and identify possible solutions
  • Recall how to estimate fair value of real estate assets

HIGHLIGHTS

  • Accounting for real estate acquisition and development
  • Impairment of real estate assets
  • Rental operations
  • Real estate sales and profit recognition
  • Estimating fair value of real estate assets
  • Audit strategies and techniques for real estate activities

COURSE LEVEL

Intermediate

PREREQUISITES

General understanding of accounting and auditing standards.

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • *AICPA members deduct an additional $30 from applicable price.

INSTRUCTOR

Joel Rosenfeld

Joel I. Rosenfeld, CPA

Joel Rosenfeld Joel Rosenfeld is a managing partner of JIR Consulting Co, LLC, in West Orange, New Jersey, providing consulting to the real estate industry. Joel was an Adjunct Assistant Professor at NYU, Schack Real Estate Institute, Graduate Program. Presently, Joel is an Adjunct Assistant Professor at Fordham University, teaching real estate taxation in the graduate school. Joel was a CPA for 43 years with extensive experience in real estate accounting and taxation. Joel serves as a special consultant to the New York Times on real estate matters. Besides teaching at NYU, Joel has previously presented programs for AICPA conferences and NAIOP seminars. He is a licensed New Jersey instructor, providing CPE to commercial real estate brokers/salespersons and has been published in multiple real estate publications, and is the author of Principles of Real Estate Accounting and Taxation, a textbook used by many universities. Joel is a past member of the AICPA, the New Jersey Society of CPAs, and served as chairperson for the AICPA National Real Estate Conference, National Tax Committee, the National Association of Office and Industrial Parks, and NYU Real Estate Conference. He was a member of the New Jersey State Society of Certified Public Accountants Professional Conduct Committee, the Counselors of Real Estate, a board member of Fairleigh Dickinson University’s Center for Real Estate Studies, and a Trustee with the National Association of Office and Industrial Parks.

PRICING

$299.00 - Member

$399.00 - Nonmember

AICPA members receive a discount of $30 for this event.

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs