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22WS-0041: Surgent's ASC 805 Business Combination Accounting: Not Just for the Big Guys (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Monday, April 18, 2022
8:00am - 11:30am Central Time
4 CPE (4 technical)

Business combinations, and the related complex accounting issues that often arise from them, were thought to just be the domain of larger, often publicly traded companies. However, with smaller companies often having aggressive growth plans and with the wide scale availability of financing, business combinations are increasingly occurring at smaller and private companies.

Applying the accounting guidance in ASC 805, Business Combinations, can be very challenging, especially if an entity has limited experience in accounting for such transactions. Additionally, the FASB has issued several recent ASUs that have updated the guidance in this area. In this course, we will focus in reviewing the acquisition method of accounting for a business combination under ASC 805, including such topics as determining the acquirer in a transaction, identifying acquired assets and liabilities in a transaction accounted for under ASC 805, including goodwill and other acquired intangible assets, the accounting for employee compensation arrangements arising from such transactions and the subsequent accounting for the recorded assets and liabilities, including accounting, for impairment of such assets.

The goal of this course is to demystify the accounting around this often complex area of accounting.

Major subjects

  • Determining the definition of a business and applicability of the asset acquisition vs. business combination ac-counting guidance
  • Determining the acquirer in a business combination transaction
  • Identifying acquired assets and liabilities in a business combination
  • Application of fair value principles when measuring assets and liabilities
  • Subsequent accounting for acquired assets and liabilities

Learning objective(s)

  • Recall the factors determining whether a transaction is an asset acquisition or a business combination
  • Identify acquired assets and liabilities in a business combination transaction
  • Apply fair value concepts from ASC 820 in accounting for acquired assets and liabilities
  • Recall the subsequent accounting for such assets and liabilities, including asset impairment

Who should take this program?

Accounting and auditing practitioners at all levels desiring to understand the FASB's business combination guidance

Fees

Our records indicate you are a nonmember. If you register, you will be charged $139.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $139.00
checkmark Standard Nonmember Fee $139.00

More program information

Location Online
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (4.0)
Level Intermediate
Format Group Internet Based
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. Experience in accounting and auditing
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.