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
This program is intended for anyone who wants to learn how to develop Apps using Swift and iOS. Through four courses, you will learn topics beginning with the absolute basics and ending with... more
Welcome! In this course learners will develop expertise in basic magnetic resonance imaging (MRI) physics and principles and gain knowledge of many different data acquisition strategies in MRI. In... more
This Specialization is intended for beginners to learn how to become proficient writing Oracle SQL code to create, modify, and edit Oracle SQL Databases.\\n\\nYou will learn the Oracle database... more
Unlock the transformative power of AI in data analysis with this Gen AI for Data Analysis Professional Certificate. Designed for both seasoned data professionals and aspiring analysts, this... more
This course is a partnership between the leading content marketing authority, Copyblogger, and UC Davis Continuing and Professional Education. In this course, you will learn the core strategies... more