Self-Study
Overview
CPE Credits
2 Credits: Accounting
Course Description
Recognizing assets acquired and liabilities assumed in a business combination is a critical step in applying the acquisition method process to business combinations. This step is also one of the more significant steps involved in a business combination transaction. Given the importance of the recognition of assets and liabilities, it’s critical that you have a good understanding of the principles and requirements related to this step in the process. This course provides an in-depth overview of this step based on the standards prescribed by Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805 (“Business Combinations”)
Learning Objectives
Upon completion of this course, you will be able to:
- Identify the steps within the acquisition method for business combinations
- Identify overall recognition conditions for intangible assets
- Distinguish between different categories of intangibles assets
- Recognize the accounting alternative available for private and not-for-profit entities
- Identify overall measurement principles including specific exceptions
Course Specifics
|
Course ID 1203537 |
Original Release Date September 17, 2020 |
Number of Pages 51 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
Kelen is a CPA with over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP, Inc. in Budapest, Hungary and previously served as a Senior Accounting Policy Manager for the company in Houston, TX (relocated in 2018 due to spousal expat assignment). Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors. Kelen is …
Recognizing Assets and Liabilities in a Business Combination
$58.00 – $78.00
Self-Study
Overview
CPE Credits
2 Credits: Accounting
Course Description
Recognizing assets acquired and liabilities assumed in a business combination is a critical step in applying the acquisition method process to business combinations. This step is also one of the more significant steps involved in a business combination transaction. Given the importance of the recognition of assets and liabilities, it’s critical that you have a good understanding of the principles and requirements related to this step in the process. This course provides an in-depth overview of this step based on the standards prescribed by Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805 (“Business Combinations”)
Learning Objectives
Upon completion of this course, you will be able to:
- Identify the steps within the acquisition method for business combinations
- Identify overall recognition conditions for intangible assets
- Distinguish between different categories of intangibles assets
- Recognize the accounting alternative available for private and not-for-profit entities
- Identify overall measurement principles including specific exceptions
Course Specifics
|
Course ID 1203537 |
Original Release Date September 17, 2020 |
Number of Pages 51 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
Kelen is a CPA with over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP, Inc. in Budapest, Hungary and previously served as a Senior Accounting Policy Manager for the company in Houston, TX (relocated in 2018 due to spousal expat assignment). Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors. Kelen is …
Recognizing Assets and Liabilities in a Business Combination
$58.00 – $78.00