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Kelen Camehl, CPA
Kelen Camehl is a recognized author and reviewer of CPE courses and has authored nearly 200 CPE credit hours of courses on a range of accounting, auditing, financial reporting, regulatory, and ethics topics.
This instructor has 16 courses »To Access This Course:
Recognizing assets acquired and liabilities assumed in a business combination is a critical step in applying the acquisition method process to business combinations. This step is also one of the more significant steps involved in a business combination transaction. Given the importance of the recognition of assets and liabilities, it’s critical that you have a good understanding of the principles and requirements related to this step in the process. This course provides an in-depth overview of this step based on the standards prescribed by Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805 (“Business Combinations”).
Learning Objectives
- Identify the steps within the acquisition method for business combinations.
- Identify overall recognition conditions for intangible assets.
- Discover and distinguish between different categories of intangibles assets.
- Recognize the accounting alternative available for private and not-for-profit entities.
- Identify overall measurement principles including specific exceptions.
Last updated/reviewed: June 12, 2021
3 Reviews (12 ratings)Reviews
Anonymous
()
Recognizing assets acquired and liabilities assumed in a business combination is a critical step in applying the
acquisition method process to business combinations. This step is also one of the more significant steps
involved in a business combination transaction. Given the importance of the recognition of assets and
liabilities, it’s critical that you have a good understanding of the principles and requirements related to this step
in the process. This course provides an in-depth overview of this step based on the standards prescribed by
Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805 (“Business
Combinations”)
Anonymous
(Accounting Manager)
Good reinforcement of business combinations that aligns with material presented in other courses. Enjoyed the supporting material.
JING WU
( at RSP)
general introduction but some overlap with another subject "business combination overview"
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .