ASPE - Real Estate Industry (On-Demand - CPA PRO)
Overview
Participants will examine ASPE requirements most relevant to real estate entities, using practical examples to navigate development costs, revenue recognition, financing structures, impairment, and disclosure considerations. Participants will learn how these choices affect financial statements for developers and owners of income-producing properties.
Access expires 180 days from purchase date |
Applicable for
- Professionals involved in preparing financial statements for private real estate companies.
- Practitioners who serve private clients in the real estate industry.
- Finance leaders and controllers overseeing real estate development or income-producing properties.
Learning Objectives
By the end of this course, participants should be able to:
- Recognize accounting policy choices available to real estate entities and explain their financial reporting implications.
- Identify which costs to capitalize for land, development, and construction activities.
- Apply revenue recognition principles for properties held for sale and for rental income from income producing properties.
- Prepare note disclosures that communicate key financial information for real estate entities in a clear and compliant manner.
Content
Topics include:
- Land inventory and construction cost accumulation, including carrying, interest, and financing costs.
- Revenue recognition for property sales, long-term arrangements, and rental income.
- Holdbacks, contract modifications, and determining cost of sales.
- Accounting for income-producing properties: leasing costs, redevelopment, amortization, impairment, and disclosures.
- Joint arrangements: contributions, accounting methods, and required disclosures.
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 While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur.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. Where available, accompanying materials such as handouts or course notes are included.On-demand courses are eligible for verifiable CPD hours upon successful completion, and a certificate will be made available for download for your records.
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
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
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
Participants will examine ASPE requirements most relevant to real estate entities, using practical examples to navigate development costs, revenue recognition, financing structures, impairment, and disclosure considerations. Participants will learn how these choices affect financial statements for developers and owners of income-producing properties.
Access expires 180 days from purchase date |
Applicable for
- Professionals involved in preparing financial statements for private real estate companies.
- Practitioners who serve private clients in the real estate industry.
- Finance leaders and controllers overseeing real estate development or income-producing properties.
Learning Objectives
By the end of this course, participants should be able to:
- Recognize accounting policy choices available to real estate entities and explain their financial reporting implications.
- Identify which costs to capitalize for land, development, and construction activities.
- Apply revenue recognition principles for properties held for sale and for rental income from income producing properties.
- Prepare note disclosures that communicate key financial information for real estate entities in a clear and compliant manner.
Content
Topics include:
- Land inventory and construction cost accumulation, including carrying, interest, and financing costs.
- Revenue recognition for property sales, long-term arrangements, and rental income.
- Holdbacks, contract modifications, and determining cost of sales.
- Accounting for income-producing properties: leasing costs, redevelopment, amortization, impairment, and disclosures.
- Joint arrangements: contributions, accounting methods, and required disclosures.
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. Where available, accompanying materials such as handouts or course notes are included.On-demand courses are eligible for verifiable CPD hours upon successful completion, and a certificate will be made available for download for your records.
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
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
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.