IFRS Business Combinations

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, video content, and real-life application through case studies.

Learning Outcomes of IFRS Business Combinations

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.

Who should take this course?

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
Anyone preparing for the ACCA Diploma in IFR

Professional development

This Course - Online offers 1 hours of CPE credit.

Prerequisites:	Familiarity with financial reporting and accounting principles under IFRS
Duration:	1h
Format:	Course - Online
Access:	This is a digital product. You will have access to the content for a year after purchase date. Course access is given within 2 days of purchase via email from AICPA

Certification

Students get a AICPA certification after scoring 70% and above on the assessment at the end of the course

AICPA IFRS: IFRS Business Combinations (IFRS 3) Course