The real estate professional needs to be aware of many of the accounting rules for real estate, in order to avoid adverse reporting outcomes. This course covers several key aspects of the accounting for real estate including asset retirement and environmental obligations as well as rent topics.
Asset Retirement Obligations (ARO). Accounting for AROs. Initial Measurement of ARO. Subsequent Measurement of ARO. Settlement of an ARO.
CPAs, CFPs, financial advisers, landlords, property managers, real estate professionals.
Specify the criteria for recognizing asset retirement obligations, as well as the rules for calculating these obligations as well as identifying the criteria for recognizing environmental obligations. Recognize the nature of contingent rent agreements, lease incentives, and leasehold improvements, as well as the accounting for each.
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Kelen Camehl, Western CPE
Kelen is a recognized author and reviewer of CPE courses and has authored over 85 courses (225+ 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 has also remained involved in CPA exam content development for nearly 10 years and has 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 over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Consultant with HP, Inc. in Dallas, TX. Most recently he was located in Budapest, Hungary on a three-year international assignment and served in the company’s Houston, TX location prior to this assignment. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.
Non-Member Price $113.00
Member Price $98.00