Real Estate Developer Multiple Entity: Fundamentals of Equity Method and Consolidation

Consolidating and combining related entities into a single financial report

Course Overview
Real Estate Developer Multiple Entity: Fundamentals of Equity Method & Consolidation provides a deeper understanding of the various forms and types of reporting used by real estate developer enterprises. It is designed to create a functional understanding of the concepts of consolidating and combining related entities into a single financial report. The concepts are fundamental and, regardless of the type of reporting received (cost, market, GAAP, or company prepared), participants receive a full and useful introduction to this complex topic.

Who will benefit from this course?
Commercial bankers who need additional exposure to analyzing their client's business, or commercial and private bankers, loan administrators, and credit personnel who want an improved look at the credit/financial picture of their real estate client.

How this course will help you meet the challenges of your career and today's market
As a result of your participation in this course, you will:

• Understand fundamental reporting issues: what financial reporting options are available.
• Understand accounting for joint ventures where property is the contributed capital as opposed to cash.
• Learn and practice proportional consolidation techniques.
• Focus on understanding the analytical challenge of multiple partnership/entity developer financial reporting.
• Learn consolidating basics: Equity Method (both cost and market presentations); Consolidating/minority interests; Combining.
• Explore advanced topics such as property contributions to ventures and the various permutations; proportional consolidation techniques; creating a consolidated statement from tax returns.
  

Prerequisites
Participants are expected to have a thorough knowledge of financial accounting, traditional financial statement analysis, personal financial statement analysis, cash flow, and personal cash flow. Comfort with accounting concepts and GAAP financial statements (reviewed and/or audited) is essential. Completion of RMA's Financial Accounting Self Study and Accounting for Bankers courses (or equivalent) is strongly recommended.