Purchase Course

Accounting for Business Combinations   

16

Estimated CPE
Tuition
$1,895.00
Course Number
18-IL-261-EE
Course Leader
Dan Gode
Hotel / Venue Details
View Details
16

Estimated CPE
Tuition
$1,895.00
Course Number
18-IL-261-EE
Course Leader
Dan Gode
Hotel / Venue Details
View Details

Course Details

Timely and technically accurate accounting is indispensable to a successful business combination. This two-day seminar covers accounting for acquisitions (ASC 805), non-controlling interests (ASC 810), intangible assets (ASC 360), goodwill (ASC 350), and the related deferred tax effects. Rather than merely describing these standards, we endeavor to explain their logic and consequences via hands-on spreadsheet-based examples and real cases. We provide the journal entries necessary to apply these standards as well as discuss the implications of these standards to M&A structuring and their future EPS consequences. This facilitates effective collaboration with the finance team.

Course Agenda

  • Overview of ASC 805 with practical examples to explain the core concepts
  • Definition of a business and why it matters
  • Cost of acquiring the target, contingent consideration, and share-based awards
  • Allocation of the acquisition cost to the acquired assets and assumed liabilities
  • Deferred tax consequences of step-ups
  • Intangible assets and goodwill (ASC 350 and ASC 360)
  • Accounting for non-controlling interests (ASC 810)
  • How business combinations affect projected financial statements and metrics
  • Taxable transactions and tax-deductible goodwill
Course Leader
Dan Gode, Co-founder, Almaris Consulting and Training  <br>

Keywords: ASC Topic 805, ASC Topic 810, ASC Topic 350, ASC Topic 360, FAS 141R, FAS 142, FAS 160, Acquisitions, Business Combinations, Assets Purchases versus Business Acquisitions, Definition of a Business, Consideration, Earnouts and Contingent Consideration, Acquired Share-Based Compensation, Assets Acquired and Liabilities Assumed, Goodwill, Intangible Assets, Reporting Units, Deferred Taxes for Acquisitions, Taxable Transactions and Tax-Deductible Goodwill, Impairments, Accounting

Other Details

Special Notice/Instruction: NASBA Delivery Method: Group Live
Prerequisite: Baseline understanding of U.S. GAAP Accounting
Preparation: None
Level of Knowledge: Intermediate
Field of Study: Accounting
Delivery Method: Seminar
New York, New York
12/9 - 12/10/2019

Timely and technically accurate accounting is indispensable to a successful business combination. This two-day seminar covers accounting for acquisitions (ASC 805), non-controlling interests (ASC 810), intangible assets (ASC 360), goodwill (ASC 350), and the related deferred tax effects. Rather than merely describing these standards, we endeavor to explain their logic and consequences via hands-on spreadsheet-based examples and real cases. We provide the journal entries necessary to apply these standards as well as discuss the implications of these standards to M&A structuring and their future EPS consequences. This facilitates effective collaboration with the finance team.

Course Agenda

  • Overview of ASC 805 with practical examples to explain the core concepts
  • Definition of a business and why it matters
  • Cost of acquiring the target, contingent consideration, and share-based awards
  • Allocation of the acquisition cost to the acquired assets and assumed liabilities
  • Deferred tax consequences of step-ups
  • Intangible assets and goodwill (ASC 350 and ASC 360)
  • Accounting for non-controlling interests (ASC 810)
  • How business combinations affect projected financial statements and metrics
  • Taxable transactions and tax-deductible goodwill
Course Leader
Dan Gode, Co-founder, Almaris Consulting and Training  <br>

Keywords: ASC Topic 805, ASC Topic 810, ASC Topic 350, ASC Topic 360, FAS 141R, FAS 142, FAS 160, Acquisitions, Business Combinations, Assets Purchases versus Business Acquisitions, Definition of a Business, Consideration, Earnouts and Contingent Consideration, Acquired Share-Based Compensation, Assets Acquired and Liabilities Assumed, Goodwill, Intangible Assets, Reporting Units, Deferred Taxes for Acquisitions, Taxable Transactions and Tax-Deductible Goodwill, Impairments, Accounting

Special Notice/Instruction: NASBA Delivery Method: Group Live
Prerequisite: Baseline understanding of U.S. GAAP Accounting
Preparation: None
Level of Knowledge: Intermediate
Field of Study: Accounting
Delivery Method: Seminar

Seminar Brochure

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Locations / Dates


New York, New York
12/9 - 12/10/2019


Seminar Brochure

Click to view, download, print