IFRS: Business Combinations (IFRS 3)
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-W
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting
Overview:
This course is part of the IFRS Certificate Program - a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
This self-study course addresses requirements of IFRS 3, Business Combinations, including the following:
- Underlying concepts, scope, and scope exceptions of the standard
- The definition of a business
- The acquisition method
- The form and measurement of consideration
- Fair value
- Noncontrolling interests
- Goodwill
This course includes interactive learning elements and illustrative exercises with solutions.
Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.
Objectives:
Learning Outcomes
- Identify when a transaction is a business combination.
- Apply the acquisition method of accounting for a business acquisition.
- Recognize how to subsequently account for both goodwill and negative goodwill.
- Explain how the amount of consideration transferred is determined, including contingent consideration.
- Recall how contingent liabilities and intangible assets are treated.