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 is a self-paced lab that takes place in the Google Cloud console. Learn how to channel Google Fit data via W3bstream to develop decentralized applications (dApps) that mint crypto assets based... more
By the end of this project, you will create a free account on Microsoft 365 and you will get access to the entire Microsoft Office 365 and all its online applications. Your new skills will help you... more
The Co-design for All course is a free online programme on how to put together a case study proposal using a co-design approach. It is aimed at anyone who is interested in learning about co-design... more
This program is for those who want to enhance their predictive and statistical modeling skills to drive data-informed business outcomes. If modeling data for business outcomes is relevant in your... more
In this project, you\'ll develop Pop Choice, an AI-powered movie recommendation app designed to simplify the decision-making process for movie night. Using AI embeddings, vector databases, and the... more
Powered by
