Residential Sales Trust Accounting Fundamentals
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Residential Sales Trust Accounting Fundamentals
This 3 x 2 hour course will be conducted live online over 3 weeks.
We've taken our full day course and made available online - ideal if you are located away from Melbourne or can't take a whole day away from the office!
Whether you're self-taught and looking to fill knowledge gaps or new to Trust Accounting, this course will have you confident in no time.
With lots of real-world context and time for your questions, you're sure to pick up some tips to implement on the job.
At the conclusion of the course participants will be able to:
- Explain the purpose of residential real estate trust accounting and the role of the Trust Accountant;
- Access & interpret legislation relevant to real estate trust accounting;
- Understand the compliance requirements around opening & closing trust accounts, deficiencies, audits and unclaimed money;
- Conduct routine daily/monthly/annual trust accounting tasks;
- Understand the components and mechanics of trust accounting – accounts, ledgers and transactions;
- Work through the individual transaction lifecycle and the many variations;
- Articulate the risks and penalties of non-compliance in trust accounting;
- Explore value adds to the business from your unique Trust Accounting vantage point;
- Support the OIEC in ensuring that all trust accounting compliance obligations are met.
SESSION 1 - Wednesday 5th February - 10.00am - 12.00pm
SESSION 2 - Wednesday 12th February - 10.00am - 12.00pm
SESSION 3 - Wednesday 5th February - 10.00am - 12.00pm
* Once registered you will receive an email from no-reply@zoom.us with your personal access details 24 hours before each session. If you haven't received this message 24 hours before a session please check your junk mail. If you have any concerns please contact us on cpd@reiv.com.au or 03 9205 6679.