Business Combinations & Consolidations Self-Study Webinar

To provide accountants with a thorough understanding of the accounting rules for business combinations and intangibles. This self-study webinar will use real-world examples to show you how to put the rules into practice.

DETAILED LEARNING OBJECTIVES

• Identify key GAAP terminology within the context of business combinations and consolidations

• Recognize the core transaction mandating a business combination

• Recognize the circumstances under which an acquirer will recognize an intangible asset separate from goodwill

• Recognize the circumstances giving rise to the recognition of goodwill in a business combination

• Identify the relative extent of M&A activity in today’s business environment

• Identify the extent to which the current FTC administration is supporting M&A activity

• Recognize the parties most likely to be left off a due diligence team

• Identify the general rule for the recording of assets and liabilities of the acquiree

• Identify the current consolidation models within GAAP

• Recognize the general rule for the determination of the acquisition date

• Recognize the relative occurrence of bargain purchases

• Identify the steps within the acquisition method of accounting for business combinations

• Recognize those circumstances giving rise to the recognition of goodwill

• Recognize the accounting treatment for the purchase of assets vs a business

• Recognize the methodology for identifying the acquirer in a business consolidation

• Identify specified accounting treatment when recognizing and measuring identifiable assets and liabilities assumed at fair value

• Identify the accounting treatment of transaction expenses in a business combination

• Identify the circumstances in which a contingency is recognized in the context of a business combination

• Identify the valuation approach generally resulting in the highest amount when used to value a business

• Recognize the valuation approach that uses historical financial information as its starting point

• Recognize the role of the IRR, WARA, and WACC in business valuations

• Identify the role of the tax amortization benefit in business valuations

• Identify the characteristics of non-compete agreements in the context of business valuations

• Current M&A landscape
• Valuation considerations
  – Operating value
  – Projected financial information
  – Valuing an acquisition
• Transaction price
• Contingent consideration
• Tax amortization benefit
• Intangible assets
  – Marketing related
  – Customer related
  – Artistic related
  – Contract based
  – Technology based
  – Goodwill
• SEC proposed rule for SPACs