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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: November 19, 2020
1 Review (5 ratings)Reviews
Good reinforcement of business combinations that aligns with material presented in other courses. Enjoyed the supporting material.
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 .