Real Estate: Basic Accounting and Mathematics (Course Id 2738)

• Who is this course for?
  This course is intended for new real estate professionals, accountants, and real estate investors seeking Continuing Professional Education (CPE).

• What is this course about or what problem does this course solve?
  The course provides a refresher on basic accounting, finance, and mathematical tools essential for professionals involved in real estate.

• How can the knowledge from this course be used?
  Learners can apply the knowledge to understand and use financial statements, perform financial analysis, and calculate key real estate metrics such as interest, insurance premiums, loan values, and income ratios.

• Why is this course important to a CPA or Accountant?
  This course equips CPAs and accountants with the specialized knowledge required to support clients or operations in the real estate sector, enhancing their competence in industry-specific financial and mathematical applications.

• When is this course relevant or timely?
  The course is especially timely for professionals entering or working with the real estate industry in 2025 and beyond, where financial accuracy and mathematical analysis are critical.

• How is a course like this consumed or used?
  This self-study course is delivered online through text format and includes review and final exam questions, requiring a minimum passing score of 70% to earn CPE credit.

Real Estate: Basic Accounting and Mathematics is a refresher course covering some of the basic concepts and tools of accounting, finance, and math necessary for new real estate professionals.  It is also applicable for accountants as well as real estate investors. Topics covered are balance sheet, income statement, basic accounting concepts, real estate algebra, finance math, and more.

NASBA QAS - Text - NASBA Registry - 2738

Chapter 1
Real Estate Accounting

1. Recognize basic financial statements and accounting procedures.
2. Identify and apply different financial analysis ratios.

Chapter 2
Mathematics of Finance

1. Recognize and apply key financial ratios useful for real estate.
2. Calculate interest payments, insurance premiums, loan values, and income ratios.
3. Recognize and calculate various area measurements useful for real estate valuation.

Chapter 1:   Real Estate Accounting

Learning Objectives

Basic Accounting

Financial Statements for Individuals

Income Statement

The Balance Sheet

Chapter 1 Review Questions - Section 1

Financial Statements for Business

Accounting Rules

Financial Analysis

Conclusion

Chapter 1 Review Questions - Section 2

Chapter 2:   Mathematics of Finance

Learning Objectives

The Basic Use of Numbers

Solving For Unknowns

Applications

Interest

Basis Points

Discounting

Annual Percentage Rate (APR)

Discounting Second Mortgages

Chapter 2 Review Questions - Section 1

Amortization

Stipulated Amount Payments

Loan Payoff

Add-On Interest

Income Capitalization

Area Measurement

Volume Measurement

Front-Foot Calculations

Chapter 2 Review Questions - Section 2

Glossary