M&A Accounting

3 units

Accounting issues related to mergers, acquisitions, and other intercorporate investments are examined. The first two-thirds of the course focuses on business combination accounting and related reporting issues, including the equity and cost methods, preparation of consolidated financial statements, fair value adjustments, goodwill and impairments, intercompany transactions, and accounting for less than 100% ownership. The remaining portion of the course introduces selected advanced accounting topics that extend beyond core consolidation material, including consolidation of foreign subsidiaries, governmental accounting, and accounting for not-for-profit organizations. Coverage emphasizes financial reporting implications and connections to current professional standards and CPA Exam–relevant topics.