Business Combinations

Business combinations encompass the process and accounting practices in which one company acquires control over another entity, typically through the purchase of shares or assets. This subject covers the valuation of acquired assets and liabilities, the treatment of goodwill, and the consolidation of financial statements post-acquisition.

You are browsing lesson previews. Check out the course or create a free account for a better experience!

Lesson Videos

Business Combinations Overview and Objectives lesson thumbnail Business Combinations Overview and Objectives Voting Interest Model lesson thumbnail Voting Interest Model Variable Interest Entities lesson thumbnail Variable Interest Entities Goodwill from Business Combinations lesson thumbnail Goodwill from Business Combinations Goodwill Impairment lesson thumbnail Goodwill Impairment Accounting for Company Acquisition lesson thumbnail Accounting for Company Acquisition Noncontrolling Interest in a Subsidiary lesson thumbnail Noncontrolling Interest in a Subsidiary Noncontrolling Interest Example lesson thumbnail Noncontrolling Interest Example Subsidiary Fair Value lesson thumbnail Subsidiary Fair Value Subsidiary Acquisition with Goodwill lesson thumbnail Subsidiary Acquisition with Goodwill Intercompany Transactions lesson thumbnail Intercompany Transactions Business Combinations Summary lesson thumbnail Business Combinations Summary Business combinations - Practice Questions lesson thumbnail Business combinations - Practice Questions

"Examprep.ai helped me pass all 4 CPA exams on the first try. I highly recommend. I especially like the feedback and ratings the software provides so I know where to focus my time."

smaple image

Daniel H., CPA

"I can't recommend ExamPrep.ai enough. Nick's lessons turned concepts I struggled with into strengths. I was able to pass FAR right before other exams expired!"

smaple image

Andrew K, CPA

"I just want to say thank you for the great lesson videos. I couldn't stay awake through lectures of another course. After watching all your FAR lessons I was finally able to pass!"

smaple image

Alyssa M., CPA Candidate
Get more from this course
Sign Up for Free View the Course
Select Transactions
Module: 8 Concepts, 74 Lessons
Accounting Changes and Error Corrections Overview and Objectives
1:31
Types of Accounting Changes
2:56
Changes in Accounting Principle
3:38
Changes in Accounting Estimate
6:34
Changes in Reporting Entity
0:50
Types of Accounting Errors
2:22
Accounting Changes and Error Corrections Summary
4:33
Accounting changes and error corrections - Practice Questions
4:16
Subsequent Events Overview
1:14
Subsequent Events Objectives
0:57
Recognized Subsequent Events
4:57
Non-Recognized Subsequent Events
1:44
Subsequent Events Evaluation Period
2:32
Subsequent Events Example
6:21
Subsequent Events Summary
1:02
Subsequent Events - Practice Questions
6:36
Fair Value Measurements Overview and Objectives
1:12
Fair Value Hierarchy
3:40
Lower of Cost or Market Rule
3:27
Lower of Cost or Market Example
2:23
Accounting for a Decline in Market Value
1:02
Relative Sales Value Example
2:18
Purchase Commitments
0:37
Estimating Inventory - Gross Profit Method
4:16
Estimating Inventory - Retail Inventory Method
2:49
Most Advantageous Market
3:11
Fair Value Measurements Summary
0:36
Accounting changes and error corrections - Practice Questions
4:01
Business Combinations Overview and Objectives
1:38
Voting Interest Model
3:56
Variable Interest Entities
5:25
Goodwill from Business Combinations
2:49
Goodwill Impairment
5:20
Accounting for Company Acquisition
8:11
Noncontrolling Interest in a Subsidiary
9:01
Noncontrolling Interest Example
4:41
Subsidiary Fair Value
1:41
Subsidiary Acquisition with Goodwill
2:07
Intercompany Transactions
5:30
Business Combinations Summary
0:50
Business combinations - Practice Questions
5:29
Contingencies and Commitments Overview
0:52
Contingencies and Commitments Objectives
1:09
Basic Concepts of Contingencies and Commitments
1:13
Loss Contingencies
3:10
Gain Contingencies
1:54
Contingency Treatments
1:24
Contingencies and Commitments Example
3:54
Contingencies and Commitments Summary
1:10
Contingencies and commitments - Practice Questions
4:19
Leases Overview and Objectives
1:46
Introduction to Leases
3:10
Lease Classification Process
14:07
Lessee Accounting for Finance Leases
18:41
Lessee Accounting for Operating Leases
9:47
Lessor Accounting for Operating Leases
3:20
Lessor Accounting for Sales-Type Leases
9:13
Leases Summary
0:38
Leases - Practice Questions
8:11
Research and Development Costs Overview and Objectives
0:57
Accounting for Research and Development
4:58
Classification of R&D Costs
3:12
Technological Feasibility: Capitalizing Versus Expensing
1:44
Treatment of Intangible Assets
1:31
Research and Development Costs Example
3:08
Research and Development Costs Summary
0:33
Research and development costs - Practice Questions
3:35
Software Costs Overview and Objectives
1:04
Expensing Versus Capitalizing Software Costs
1:28
Software Created for Internal Company Use
2:13
Software Created to be Sold or Licensed
2:35
Research and Development Example
2:22
Software Costs Summary
0:28
Differences between IFRS and U.S. GAAP - Practice Questions
5:34