Real Estate Accounting Made Easy 2nd Edition PDF Download Ebook. Obioma A. Ebisike describes the fundamentals of accounting and finance of the real estate. Providing both the theories and practices of real estate from an accounting and financial perspective, It is a must-read for anyone who needs a thorough and easier understanding of the real estate industry.
Starting with an introduction to real estate terms and products, and the fundamentals of real estate accounting, this book goes from sole ownership—the simplest form of real estate ownership—to other forms of ownership such as partnerships, joint ventures, and real estate investment trusts (REITs).
Author walks you through the audit processes, including how to prepare the audit and the different kinds of audits. He helps new auditors, the company being audited, and users of audit reports understand the fundamentals of the financial aspect of the real estate business. This text 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.
More complex types of transactions, such as development project revenue recognition, are also discussed in depth. In addition, you'll learn what to expect from audits that real estate entities are subjected to, with audit processes and procedures broken down to help you—whether you are an auditor, accountant, or manager—to understand the roles and importance of audits. This book offers a wealth of practical information for putting real estate accounting principles to work for your organization. It's the ins and outs of accounting for real estate—made easy.
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.
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