4106 | On Demand | Basic | Self-Study
IFRS: Business Combinations (IFRS 3)
Friday, May 1, 2020 - Friday, April 30, 2021
The purpose of this course is to familiarize you with the concepts underlying IFRS 3,Business Combinations, and provide an understanding of how to apply those concepts in practice.
Identify when a transaction is a business combination Apply the acquisition method of accounting for a business acquisition Recognize how to subsequently account for both goodwill and negative goodwill Explain how the amount of consideration transferred is determined, including contingent consideration. Recall how contingent liabilities and intangible assets are treated.
Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS
Underlying concepts, scope, and scope exceptions of the standard The definition of a business The acquisition method The form and measurement of consideration Fair value Noncontrolling interests Goodwill