Accounting & Reporting for Business Combinations


Overview
This course covers accounting guidance related to business combinations.  You will learn how to define a business, identify an acquirer and measure, value and record an acquiree’s assets and liabilities within the acquisition approach of business combinations.  The course will explain the accounting for non-controlling interests, goodwill, contingent consideration and address other issues that arise when two companies merge.  The course will also review the pro forma disclosures required for any business combinations.

Objectives
Upon completion of this course, participants will have knowledge in:

  • The acquisition approach used for business combinations including valuing and recording an acquiree’s assets and liabilities
  • How to address specific issues in business combinations such as non-controlling interests, contingent consideration and push down accounting
  • The identification, valuation and review of intangible assets including goodwill
Emphasis
  • Accounting guidance on business combinations and non-controlling interests
  • Basic principles of intangible assets and goodwill
  • Basic guidance around disclosures of business combinations
Who Will Benefit
Practitioners and members in industry responsible for accounting and reporting for business combinations, consolidations or combined financial statements

Prerequisite
Working knowledge of US GAAP rules

Preparation
No advance preparation required

Level of Knowledge
Intermediate

CPE Credit
2 or 8 Hours

Delivery Method  
Group Live / Group Internet Based

NASBA Field of Study
Accounting