Real Estate Accounting Made Easy, 2nd Edition

This book is a practical guide to the field of real estate accounting and finance. It is an easy to understand introductory and intermediary book on the field of real estate.  It begins with the elementary and basic aspects of real estate to ensure that those that are new to the field are comfortable with the subject matter. The subsequent chapters build on the knowledge from the initial chapters. Even readers with no prior advance knowledge of this field will have no difficulty understanding the financial statements details such as the balance sheet, income statement, shareholders equity and the statement cash flow.  More advanced transactions are discussed in the book in an easy-to-understand manner. It has been updated to reflect the FASB’s new standard on lease accounting.