Overview
This course covers the accounting and reporting requirements for business combinations under FASB ASC Topic 805. The objective is to enhance the relevance, accuracy, and comparability of financial information related to business combinations.
Learning Objectives
- identify the definition of a business as it relates to a business combination transaction
- list the steps involved in the acquisition method
- recognize principles and exceptions in the measurement of assets and liabilities of a business combination
- recognize financial statement disclosures related to business combinations
- identify the relief afforded to private entities with respect to accounting for business combinations
- differentiate between measurement principles of business combinations and asset acquisition
Designed For
Practicing CPAs, both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel
Find this course for your license:
License or Certification
Regulator
Type