Description
This course explores how fair value concepts are applied in many of the more complex areas of financial reporting under U.S. GAAP. It examines the role of fair value in business combinations, impairment testing, and financial instruments, including the valuation of acquired intangible assets, contingent consideration, goodwill, long lived assets, debt instruments, equity investments, and derivatives. The course also discusses common challenges associated with fair value measurements, including management bias, aggressive assumptions, valuation uncertainty, the use of valuation specialists, and key audit considerations. Throughout the course, the focus remains on applying the principles of ASC Topic 820 to develop fair value measurements that reflect market participant assumptions and are supported by appropriate evidence.
Learning Objectives
Upon completion of this course, you will be able to:
• Identify common accounting areas requiring fair value measurements
• Recognize risks associated with fair value estimates and assumptions
• Determine how valuation judgments impact fair value measurements
• Select appropriate considerations when evaluating complex fair value measurements
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/