Back to Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements
University of Illinois Urbana-Champaign

Advanced Financial Reporting: Accounting for Business Combinations and Preparation of Consolidated Financial Statements

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.

Status: Financial Statements
Status: Generally Accepted Accounting Principles (GAAP)
AdvancedCourse25 hours

Featured reviews

TP

5.0Reviewed Oct 31, 2020

It was too good. Full of financial knowledge and full of extras. Worth full..

KR

5.0Reviewed Jun 30, 2020

Excellent class for anyone in financial reporting looking to brush up on some more technical areas.

PS

5.0Reviewed Jul 29, 2023

This was a good course which helped me to revise the concepts of Advanced Financial Reporting.

AA

5.0Reviewed Feb 21, 2021

It was a best course and nice knowledge through which we can grasp.

KB

4.0Reviewed Mar 5, 2022

T​he 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.

YM

5.0Reviewed Aug 8, 2021

T​his is a rare intermediate accounting course I was looking for. Well supported by good course materials and lectures are easy to understand.

IA

5.0Reviewed Aug 9, 2021

excellent course a very good for beginner, gained a lot of knowledge

SB

5.0Reviewed May 19, 2020

Very informative and structured course for the learners of group/corporate accounting.

BN

5.0Reviewed Aug 14, 2024

it was a great platform to learn more intense topics on finance which inturn helped to upgrad my knowledge on finance.

SH

5.0Reviewed Aug 31, 2020

Good to equip yourself with, and very informative on business mergers.

CH

4.0Reviewed Mar 17, 2021

A well-structured and delivered course. The only peeve I had was the writing in some of the lecture videos. It was difficult to understand at times.

YH

5.0Reviewed Sep 19, 2023

It is a very practical and useful course which I can apply immediately in my current work!

All reviews

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