Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements
About this Course
This course covers the accounting for business combinations (ASC 805), the preparation of consolidated financial statements (ASC 810), and other related topics including, but not limited to: step-by-step acquisition, deconsolidation, segments reporting, and the goodwill impairment test. This course begins with a discussion of the scope of ASC 805 and the differences between business combinations and asset acquisitions. Next, the course explores the measurement and recognition principles of the acquisition method to account for business combinations. Then, the course covers the consolidation process. You will learn how to prepare the consolidated financial statements and make all of the necessary consolidation adjustments.Created by: University of Illinois Urbana-Champaign
Related Online Courses
Examines issues including discrimination and bias, sexual harassment and workplace romance, professional and personal development, power and privilege, work and family, and organizational... more
By the end of this course you will be able to start working with utility types and template literals in React applications. We will start by focusing on the core utility types reinforced by code... more
This program offers comprehensive content on leadership and transformation, encompassing topics such as strategic decision-making, change management, and organizational innovation. Learners will... more
This course is for implementers, managers, funders, and evaluators of health programs targeting women and children in low- and middle-income countries as well as undergraduate and graduate students... more
The Network Automation Engineering Fundamentals Specialization takes mid- to expert-level network engineers through the primary topics of network automation and programmability and prepares them... more