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Technical

IFRS: Business Combinations (IFRS 3) Logo aicpa

  $39.00 - 49.00 |   CPE: 1.0 |   AICPA |   Apr 2019 |   Accounting |   AICPA Store
Who Will Benefit
  • 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
Learning Objectives
  • 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.

This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.

This self-study course addresses requirements of IFRS 3, Business Combinations, including the following:

  • 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

This course includes interactive learning elements and illustrative exercises with solutions.

Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program.

Topics covered:
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Foundational
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Intermediate
  • Financial accounting & reporting: Technical: International Financial Reporting Standards, Foundational
  • Financial accounting & reporting: Technical: International Financial Reporting Standards, Intermediate
  • Fair value measurement: Technical: Business & intangible assets - business combinations, Foundational
  • Fair value measurement: Technical: Business & intangible assets - business combinations, Intermediate

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IFRS: Business Combinations