ASPE - Real Estate Industry (On-Demand - CPA PRO)
Overview
Real estate entities have unique financial reporting issues under Accounting Standards for Private Enterprise (ASPE). This course uses exercises and examples to illustrate these issues to provide practical advice for those involved.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- Recognize choices available in accounting for real estate entities and the impact of such choices
- Identify what costs should be capitalized for properties under development
- Recognize revenue on real estate properties for sale
- Recognize revenue from rental properties
- Draft financial statement note disclosures for a real estate company
Content
- Accounting for real estate development costs
- Accounting for construction of rental properties
- Interest capitalization and accounting for transaction and financing fees
- Accounting for holdbacks
- Revenue recognition on sale of real estate
- Revenue recognition from rental properties
- Impairment of real estate properties
- Contract modifications and claims
- Determination of cost of sales for properties sold
Course Content Created: September 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Patricia Dahm, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
ASPE - Real Estate Industry (On-Demand - CPA PRO)
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Real estate entities have unique financial reporting issues under Accounting Standards for Private Enterprise (ASPE). This course uses exercises and examples to illustrate these issues to provide practical advice for those involved.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- Recognize choices available in accounting for real estate entities and the impact of such choices
- Identify what costs should be capitalized for properties under development
- Recognize revenue on real estate properties for sale
- Recognize revenue from rental properties
- Draft financial statement note disclosures for a real estate company
Content
- Accounting for real estate development costs
- Accounting for construction of rental properties
- Interest capitalization and accounting for transaction and financing fees
- Accounting for holdbacks
- Revenue recognition on sale of real estate
- Revenue recognition from rental properties
- Impairment of real estate properties
- Contract modifications and claims
- Determination of cost of sales for properties sold
Course Content Created: September 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Patricia Dahm, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.