This course provides an in-depth exploration of accounting for business combinations and consolidations, offering significant features like detailed guidance on the acquisition method, equity method, and goodwill accounting. This course will review complex transactions such as business mergers and acquisitions. Our course will teach participants the skills required to accurately account for and integrate the financial operations of merged entities. Participants in the course can expect to have a clearer understanding and greater confidence in handling the accounting intricacies of business combinations and consolidations.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
Identify the circumstances under which step and reverse acquisitions occur.
Chapter 2
Specify the calculations required to determine the amount of ownership in an investee under the equity method.
Chapter 3
Recognize the situations in which impairment testing is to be conducted, and when goodwill amortization can be used.
Chapter 4
Identify the situations in which a controlling financial interest cannot be determined, as well as the types of eliminations used when conducting a consolidation.
Recognize when financial statements are considered to be special-use.
Chapter 5
Recognize the actions needed to centralize accounting activities following a business combination.
Major Topics
Business Combinations
Equity method
Goodwill Impairment
Financial Statement Consolidation
Accounting Integration
