Willscott Mobile Mini – Business Combination Accounting, Including Goodwill
Description
This course focuses on the initial recognition and measurement of a business combination, including goodwill and non-controlling interests. Topics will include special considerations, such as how to account for pre-existing relationships, valuing the consideration transferred, and measuring the assets acquired and liabilities assumed. (Available in 2 or 4 hour format)
Learning Objectives
Describe the basic principles that underlie business combinations
Discuss the four step business combination model
Explain initial recognition and measurement matters, including goodwill and non-controlling interests
Describe how to handle special circumstances, such as pre-existing relationships and arrangements and share-based payment replacement awards
Major Topics
Identifying the buyer
Determining the acquisition date
Recognition and measurement of assets acquired, liabilities assumed, and noncontrolling interest
Recognizing goodwill or bargain purchase gain
Determining consideration transferred
Proper treatment of special considerations, such as pre-existing relationships and share-based payment replacement awards
Provider
Business Learning Institute
Course Level
Basic
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
4.0
Who Should Attend
Public and industry accountants at all levels interested in remaining current on technical accounting and financial reporting requirements
Instructor(s)
Jennifer Louis
Prerequisites
Knowledge of currently effective technical standards
