This message is sent to you by AccountingNewswatch
Accounting Rules for Business Combinations and Other Consolidation
Date: Monday, October 16, 2017
Sponsored by Lorman Education Services
Learn key considerations in accounting for business combinations and consolidations.
Acquisition of a business may occur infrequently and when a company buys a new business, or a company is acquired, the accountant may be asked to record the transaction. They may not understand how to get started to account for the transaction in accordance with US GAAP or how to prepare documentation that will satisfy the company's auditor.
This topic helps the person responsible for accounting for acquisitions of a business and consolidations identify when a business acquisition has occurred and understand key considerations in applying the accounting requirements for the acquisition. This material also discusses key considerations when establishing a plan to tackle the complex accounting and valuation issues, and preparing for the company's auditor.
Failure to consider key parts of the accounting guidance and properly plan and document a business acquisition often leads to wasted time, effort and frustration when undergoing a financial statement audit.
This Live Webinar Covers These Hot Issues:
Applying the Definition of a Business
Determining the Transaction Price
Accounting for Assets and Liabilities Acquired
Common Control and Consolidation
Credit Information (Sponsored by Lorman Education Services):
For Detailed Credit Information page click here
Mark Winiarski, Mayer Hoffman McCann P.C.
(Not available outside the US)