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Learner Reviews & Feedback for Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements by University of Illinois at Urbana-Champaign
4.9
7 ratings
About the Course
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.
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1 - 1 of 1 Reviews for Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements
By Prashant S
•Dec 10, 2019
Amazing course to take your financial concepts to next level. The course appropriately deals with the complexity of financial consolidation and make concepts very clear. The presentation is a little less jazzy than its contemporaries, however, if you are focussed on what you want this is the course.
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