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.
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
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
American Institute of Continuing Professional Education Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.