Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 31 Minute(s)
Language
English
Taught by
Snap! CPA
Rating
Course Overview
CPA Exam (FAR): Consolidations & Business Combinations, In a Snap!
In this course, all of the pertinent entries and calculations for Consolidations and Business Combinations will be covered.
The AICPA wants you to know certain rules and points related to Consolidations and Business Combinations, such as Intercompany Eliminations, Consolidating Financial Statements and Acquisition Journal Entries. All of these will be broken down into easy-to-follow steps.
If you're looking for clarity on Consolidations and Business Combinations for FAR, this is where it's at!
Course Content
- 10 section(s)
- 17 lecture(s)
- Section 1 Consolidations & Business Combinations: Basic Concepts
- Section 2 Business Combination: Acquisition + Goodwill
- Section 3 Business Combinations: Acquisition + Bargain Purchase Gain
- Section 4 Business Combinations + Noncontrolling Interest
- Section 5 Business Combinations: Measurement Period
- Section 6 Business Combinations: Other Matters
- Section 7 Business Combination Achieved in Stages
- Section 8 Consolidations: After Acquisition (Equity Method)
- Section 9 Consolidations: Parent Decreases Ownership (and Retains Control)
- Section 10 Intercompany Eliminations: Property, Plant & Equipment
What You’ll Learn
- MASTER Consolidations & Business Combinations on the FAR portion of the CPA Exam
- Review real CPA exam questions issued by the AICPA, the makers of the CPA exam
- Understand the theory and concepts behind the rules for consolidations and business combinations
- Consolidate financials of a parent and a subsidiary using an easy-to-follow method
- Calculate and record the acquisition entry for a business combination
- Record eliminating journal entries for intercompany transactions
- Account for goodwill and goodwill impairment under U.S. GAAP and IFRS
- Calculate and record the entries for a parent's change in ownership in the subsidiary
Skills covered in this course
Reviews
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RRAVEENA MISTRY
excellent
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AAmit Tiwari
very course for consolidation of account
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SStamen Lolov
cant follow what is happening. it is too fast. i have to pause to try and absorb what is following what. not sure if will be able to complete the rest of the sections.
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DDevanjali Basu
The graphics, explanations , concise , clear- Even the voice modulation helps so much . Thank you so much for this course
