CPAs and Firms Specializing in the Real Estate Industry Education and Training

Specialize in real estate industry CPA with targeted training and education

A real estate industry CPA understands that accounting for real estate is unique. Standards, rules and regulations surrounding accounting and auditing for real estate transactions vary substantially from other CPA specialties. Accounting real estate professionals must be able to identify accounting and auditing problems surrounding real estate transactions and come up with solutions that benefit their clients.

To specialize in real estate accounting and to become a real estate CPA, it is necessary to acquire specialized training and education to fully understand the intricacies in the arena of real estate accounting services. Enhance your chances of being considered by real estate CPA firms with the following CPAs and firms specializing in the real estate industry education and training musts:

1. Purchase real estate accounting reference materials to maximize and complement any training or learnings.

2. Attend educational seminars that touch on accounting real estate subjects.

3. Learn at your own pace with accounting real estate self-study courses or materials.

 

Maximize your learnings with real estate accounting reference materials

There are a lot of detailed laws and regulations that real estate CPAs must keep track of. While it is virtually impossible to memorize them all -- an up-to-date reference book readily available will allow you to tap into this knowledge whenever needed.
Try: The Thomson Reuters/RIA Federal Income Taxation of Real Estate Guide covers current real estate tax laws, rules and regulations, including real estate income sheltering guidance. Maria K. Davis' reference book entitled "Accounting for Real Estate Transactions: A Guide For Public Accountants and Corporate Financial Professionals" covers real estate accounting rules. It can be purchased via the John Wiley & Sons website.

Attend educational seminars covering accounting real estate subjects

Educational seminars allow you to learn and interact with experts in the field. CPA real estate seminars will give you the opportunity to ask questions of these subject matter experts as well as network with other industry peers.
Try: CPA-Resource's seminar entitled "The 8 Greatest Estate Planning Techniques" and The Center for Professional Education's seminar "Financial Accounting & Reporting Real Estate Transactions" are intended to broaden one's understanding of real estate accounting.

Complete accounting real estate self study courses

Self study courses allow you to learn at your own pace; slowing down at challenging parts and breezing through easier sections. Additionally, these types of courses allow you the benefit of learning without taking away time from your job.
Try: CPA2Biz provides a self-study course in Real Estate Accounting and Auditing. The National Tax Institute's self-study curriculum includes a course called "Critical and Legal Tax Issues for Accountants," covering the topic of real estate legal and tax matters and their tax ramifications.

 

• When searching for educational opportunities to become a real estate industry CPA, be on the lookout for courses that offer continuing education credits (CEUs) toward your CPA licensure. This will allow you to kill two birds with one stone by specializing in the real estate accounting field and keeping your license current by taking courses that satisfy mandatory CEU requirements.

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