This course covers accounting considerations throughout the life cycle of merger and acquisition activity. The official guidance to be reviewed is primarily located in Topics 350 (Goodwill) 805 (Business Combinations) and 810 (Consolidation). Numerical examples and cases will be provided throughout the course, and we will also be describing the significant differences between U.S. GAAP and International Financial Reporting Standards (IFRS).
Learning Objectives
Recognize the key financial reporting issues of mergers and acquisitions
Analyze financial and economic bases for key contractual terms and be able to explain the financial reporting implications to management
Major Topics
Determining the accounting guidance applicable to an acquisition (variable interest entities, business acquisitions versus asset acquisitions)
Review of the Acquisition Method
Valuing Consideration
Challenges to Identifying and Measuring Assets Acquired and Liabilities Assumed
Step Acquisitions
Non-controlling Interests
Goodwill Impairment
SEC reporting considerations
Disclosures
Differences between IFRS and U.S. GAAP
Provider
Business Learning Institute
Course Level
Basic
Professional Area of Focus
Business & Industry
CPE Field of Study
Accounting
4.0
Who Should Attend
Finance and accounting professionals who seek to learn more about mergers and acquisitions
