Educate financial professionals about the differences between business combinations and asset acquisitions, helping them make informed acquisition decisions aligned with current accounting standards.

SPEAKER:

Bill Witt, Director of Accounting and Transaction Services, MorganFranklin

• Review of Business Combinations
• Key Accounting Concerns
• Different Types of Processes
  – Strategic management processes
  – Operational processes
  – Resource management processes
• Applying the Screening Test
• Examples of Acquisitions
• Transaction Type Conclusions

Educate financial professionals about the differences between business combinations and asset acquisitions, helping them make informed acquisition decisions aligned with current accounting standards.

SPEAKER:

Bill Witt, Director of Accounting and Transaction Services, MorganFranklin

DETAILED LEARNING OBJECTIVES

• Understand the distinction between a business combination and an asset acquisition

• Comprehend the “Substantially All” threshold in the screening test

• Identify types of processes relevant to business combinations

• Recognize scenarios where asset acquisition criteria are met

• Recognize the impact of “inputs and substantive processes” on acquisition classification

• Recognize the concept of input and substantive processes in real estate

• Distinguish between various types of acquired assets

• Understand how the presence of a workforce impacts classification

• Review of Business Combinations
• Key Accounting Concerns
• Different Types of Processes
  – Strategic management processes
  – Operational processes
  – Resource management processes
• Applying the Screening Test
• Examples of Acquisitions
• Transaction Type Conclusions