Accounting for Business Combinations (CPA)

Estimated Time: 3 hours

$47.00 $59.00

Earn 4 Points for Completing

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This course offers a comprehensive overview of accounting and reporting requirements as they apply to business combinations, primarily revolving around ASC 805, intended to improve the relevance, representational faithfulness, and comparability of the information a new reporting entity provides in financial reports about business combinations and their efforts. Course Type: eBook. Worth 4 Technical CPE Credits (CPA/NASBA).

Credits

4 CPE Credits
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Learning Objectives

  • Identify the definition of a business as it relates to a business combination transaction
  • List the steps involved in the acquisition method
  • Identify the acquisition date for a business combination
  • Recognize principles and exceptions in the measurement of assets and liabilities of a business combination
  • Differentiate between the various categories of intangible assets
  • Recognize how to measure goodwill and gains from bargain purchases
  • Identify how to recognize contract assets/liabilities acquired in a business combination
  • Identify the measurement period for business combinations
  • Recognize financial statement disclosures related to business combinations
  • Identify the relief afforded to private and not-for-profit entities for business combinations
  • Differentiate between measurement principles of business combinations and asset acquisitions

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Field of Study: Accounting - Prerequisites & Advanced Preparation: None - CPE Credit Type: Technical - Delivery Method: QAS Self Study - For more information regarding administrative policies such as complaint and refund, please contact our Customer Success team at support@vtrpro.com or visit our Help webpage.

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CPA: VTR 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: NASBAregistry.org. This program is valid for 4 CPEs.