Business Combinations & Financial Reporting

Course Description: 

The Business Combinations Topic provides guidance on the accounting and reporting for transactions that represent business combinations to be accounted for under the acquisition method (as described in paragraph 805-10-05-4). In addition, the Topic includes Subtopic 805-50, which provides guidance on transactions sometimes associated with business combinations but that do not meet the requirements to be accounted for as business combinations under the acquisition method.

Who Should Attend: 
CPA's

Course Highlights: 
• Accounting Standards Codification Topic 805
Learning Objectives: 
1. Recognize and measure the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree
2. Recognize and measure goodwill or a gain from a bargain purchase