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

This course covers the accounting for business combinations (ASC 805), consolidated financial statement preparation (ASC 810), and other relevant topics such as step-by-step acquisition, deconsolidation, segment reporting, and the goodwill impairment test, among others. The scope of ASC 805 and the variations between business combinations and asset purchases are discussed in this course. Following that, the course delves into the acquisition method's measurement and recognition rules for accounting for business combinations. The course then moves on to the consolidation procedure. You'll learn how to generate consolidated financial statements and perform any required consolidation adjustments.

The University of Illinois is hosting this course. The University of Illinois at Urbana-Champaign is a global leader in research, teaching, and public engagement, with a diverse range of programs, a high level of academic achievement, and internationally renowned faculty and alumni. Illinois contributes to the world by developing knowledge, preparing students for meaningful lives, and addressing crucial societal issues. Keep reading to discover more best online financial statement courses.

This course offers:

• Flexible deadlines: Reset deadlines in accordance to your schedule.
• Shareable Certificate: Earn a Certificate upon completion
• 100% online: Start instantly and learn at your own schedule.
• Advanced Level
• Approx. 25 hours to complete
• Subtitles: French, Portuguese (European), Russian, English, Spanish