This course provides an in-depth overview of the accounting and reporting requirements with respect to business combinations prescribed by ASC Topic 805.  The overall objective of the guidance included within ASC 805 is to improve the relevance, representational faithfulness, and comparability of the information that a reporting entity provides in its financial reports about a business combination and its effects.

Learning Objectives
Upon completion of this course, you will be able to:
•    Identify the definition of a business as it relates to a business combination transaction
•    List the steps involved in the acquisition method
•    Identify the acquisition date for a business combination
•    Recognize how assets and liabilities of a business combination are recorded/measured
•    Differentiate between the various categories of intangible assets
•    Recognize how to measure goodwill and gains from bargain purchases
•    Identify the measurement period for business combinations
•    Recognize financial statement disclosures related to business combinations
•    Identify the relief afforded to private and not-for-profit entities for business combinations

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/