This course provides an overview of several of the key accounting and reporting topics within U.S. GAAP.  This includes a discussion of accounting for business combinations, revenue recognition principles, and leasing transactions.  This course also address topics such as goodwill impairment, litigation, how to account for software (both internal-use and for resale), requirements related to accounting changes and error corrections, as well as the appropriate use of Non-GAAP financial measures

Learning Objectives
Upon completion of Chapter 1, you will be able to:
•    Identify the definition of a business as it relates to a business combination transaction
•    Recognize steps involved in the acquisition method
•    Recognize how assets and liabilities of a business combination are recorded/measured
•    Identify how to measure goodwill and gains from bargain purchases
•    Identify the measurement period for business combinations
•    Recognize the relief afforded to private and not-for-profit entities for business combinations
Upon completion of Chapter 2, you will be able to:
•    List the five steps involved in the revenue recognition model
•    Recognize the considerations involved in identifying whether a contract exists
•    Identify the considerations involved with measuring the transaction price
•    Recognize the steps involved in allocating the transaction price to performance obligations

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. 

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course 

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/