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Business Combinations: GAAP Levels B, C and D (Second Edition)

Jan R. Williams, Joseph V. Carcello, Judith Weiss

Business combinations present difficult accounting challenges. This is especially true in recent years because of the large quantity of mergers and acquisitions that have been taking place.

This course provides an overview of EITF issues related to business combinations. It analyzes EITF Issue 04-1, "Accounting for Pre-existing Contractual Relationships between the Parties to a Purchase Business Combination," and EITF Issue 04-3, "Mining Assets: Impairment and Business Combinations." A technical bulletin (FTB 85-5) and numerous EITF consensus positions are also discussed, as are additional sources of GAAP that are in lower levels of the SAS-69 GAAP hierarchy.

Each pronouncement is discussed in a comprehensive format that makes it easy to understand and apply. Practical illustrations and examples demonstrate and clarify specific accounting principles. Observations enrich the discussion by presenting interesting aspects of GAAP, such as conflicts within the authoritative literature.

Course Details
Price:  $48.00
Field of Study:  Accounting
Prerequisites:  Basic understanding of FAS 141, Business Combinations, the primary source of Level A GAAP
Level:  Advanced
Course was last updated on:  03/17/06
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Technical Requirements:
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Credit Available For: Units
CPE 4 CPE
QAS 4 CPE
CFP® (Accepted by the CFP Board) 4 CPE
Enrolled Agent (Accepted by the IRS) 4 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

User Reviews
Reviewer: Brian M. submitted on 01/07/2009
NA
Reviewer: Britton W. submitted on 06/25/2008
Content and delivery method.
Reviewer: Erik M. submitted on 06/18/2008
Depth of content
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