This course covers the accounting for business combinations (ASC 805), the preparation of consolidated financial statements (ASC 810), and other related topics including, but not limited to: step-by-step acquisition, deconsolidation, segments reporting, and the goodwill impairment test. This course begins with a discussion of the scope of ASC 805 and the differences between business combinations and asset acquisitions. Next, the course explores the measurement and recognition principles of the acquisition method to account for business combinations. Then, the course covers the consolidation process. You will learn how to prepare the consolidated financial statements and make all of the necessary consolidation adjustments.

Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements
University of Illinois at Urbana-ChampaignAbout this Course
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Syllabus - What you will learn from this course
Course Orientation
Module 1: Control of a Business
Module 2: Acquisition Method
Module 3: Components of Consideration Transferred in a Business Combination
Module 4: Assets Acquired and Liabilities Assumed
Reviews
- 5 stars79.61%
- 4 stars15.92%
- 3 stars1.27%
- 2 stars0.63%
- 1 star2.54%
TOP REVIEWS FROM ADVANCED FINANCIAL REPORTING: ACCOUNTING FOR BUSINESS COMBINATIONS AND PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
Excellent class for anyone in financial reporting looking to brush up on some more technical areas.
Brilliant topics and explanations. really insightful to me and will recommend it to my colleagues.
With regards,
Ali
The lessons were very well presented, the examples given to help understand the theories were adequate and very helpful. It is a course I would recommend to anyone interested in financial reporting.
Thank you for everything. I will utilize the knowledge that I get from this course.
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