CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Recognizing Assets and Liabilities in a Business Combination

Icon_Self-Study
QAS Self-Study
Icon_Level
Overview
Credits
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 in a business combination, 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
Revision Date
October 14, 2022
Number of Pages
51
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Kelen Camehl Headshot
Kelen Camehl, CPA, MBA

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …

Kelen Camehl, CPA, MBA Read More »

Recognizing Assets and Liabilities in a Business Combination

Expert Instructors
CPE CREDITS
2 Credits: Accounting

$58.00$78.00

Clear
Icon_Self-Study
QAS Self-Study
Icon_Level
Overview
Credits
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 in a business combination, 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
Revision Date
October 14, 2022
Number of Pages
51
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Kelen Camehl Headshot
Kelen Camehl, CPA, MBA

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …

Kelen Camehl, CPA, MBA Read More »

Recognizing Assets and Liabilities in a Business Combination

Expert Instructors
CPE CREDITS
2 Credits: Accounting

$58.00$78.00

Clear