Real Estate AuditsReal Estate

 

Accounting for real estate transactions is different and frequently more complex than normal product or service transactions. This results because real estate is unique, has a long or indefinite asset life (as in the case of land), and is infrequently sold.

 

The principal accounting issues include: (a) the treatment of costs associated with the acquisition, development, construction, rental, and sale of real estate; (b) exchanges of real estate; (c) recoverability; (d) U.S. generally accepted accounting principles (GAAP) guidance regarding syndicator's revenues and costs; (e) real estate joint ventures and investments and (f) certain other matters.

 

Our commercial real estate services include:

  • Audit and Assurance
  • Accounting and Tax
  • Due Diligence
  • Lease Audit and Administration Services
  • Mergers and Acquisitions
  • Purchase Price Allocations
  • Transaction Structuring