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Self-Study CPE
GOODWILL IMPAIRMENT BASICS
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HOW TO READ AND ANALIZE FINANCIAL STATEMENTS
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GOODWILL IMPAIRMENT TESTING
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EVALUATING AND PROPERLY DISCLOSING FASB ACCOUNTING STANDARD UPDATES (ASUS)
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INTRODUCTION TO FINANCIAL STATEMENTS AND THE ENVIRONMENT OF FINANCIAL REPORTING
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PREPARING FINANCIAL STATEMENTS
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EARNINGS MANAGEMENT
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CURRENT ASSETS AND ASSET VALUATION
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EQUITY INVESTMENTS AND LONG-LIVED ASSETS
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KEY SEC REGULATIONS ACCOUNTANTS SHOULD KNOW ABOUT
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FORENSIC ACCOUNTING: 5 STEPS TO SUCCESSFUL PERFORMANCE
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SEC CLIMATE-RELATED DISCLOSURES: WHAT YOU NEED TO KNOW
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FINANCIAL REPORTING AND ANALYSIS - 10 COURSE SERIES.
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REAL ESTATE ACCOUNTING: A PRACTITIONER'S GUIDE
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MONEY LAUNDERING
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DISCLOSURE REQUIREMENTS: REV REC, LEASES, BUSINESS COMBINATIONS, CECL & SEGMENTS
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LEASE ACCOUNTING FUNDAMENTALS
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ACCOUNTING FOR BUSINESS COMBINATIONS
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REVENUE RECOGNITION: HOW TO IDENTIFY PERFORMANCE OBLIGATIONS
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LEASE ACCOUNTING AND REPORTING - WHAT YOU NEED TO KNOW
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LESSEE ACCOUNTING: IDENTIFICATION, CLASSIFICATION & RECOGNITION
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ACCOUNTING FOR SOFTWARE – INTERNAL USE AND EXTERNAL SALES
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DISCLOSURE REQUIREMENTS FOR SEC FORM 8-K
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SEC FORM 8-K: WHEN TO FILE AND WHAT TO DISCLOSE
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OPTIMAL ACCOUNTING FOR PAYABLES
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CLASSIFICATION AND ACCOUNTING FOR DEBT AND EQUITY
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ACCOUNTING FOR HELD FOR SALE ASSETS
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PRINCIPLES OF FINANCIAL STATEMENT PRESENTATION
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WHAT YOU NEED TO KNOW ABOUT CASH FLOW
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DETAILED OVERVIEW OF THE HELD FOR SALE CLASSIFICATION CRITERIA
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OVERVIEW OF THE STATEMENT OF CASH FLOWS
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SUPPLIER FINANCE PROGRAMS – WHAT YOU NEED TO DISCLOSE
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OPTIMIZE CASH FLOW THROUGH RECEIVABLES FACTORING
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SEC PAY VERSUS PERFORMANCE DISCLOSURES – WHAT YOU NEED TO KNOW
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Self study cpe
Know the Differences Between an Asset Acquisition vs. Business Combination

KNOW THE DIFFERENCES BETWEEN AN ASSET ACQUISITION VS. BUSINESS COMBINATION

There is no video for this course. The learning materials for this course are in the downloadable document.
CPE Processing Fee$30.00
Webinar TranscriptionN/A
Presentation Length Hour(s)1.0 hour
CPE Credits 1.0 hour
Subject Area 1.0 - Accounting
CE Credits 0.0 hours
Course LevelBasic
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded Date
Date OfferedOctober 21, 2024
Expiration DateOctober 21, 2025
Course Description

This course provides an overview of determining whether an acquisition should be accounted for as a business combination or simply as an acquisition of assets.  This includes a focus on whether substantially all of the fair value of the gross assets acquired are concentrated in a single identifiable asset or a group of similarly identifiable assets.  This course also provides several comprehensive examples which walk through the application of the respective accounting guidance.

Learning Objective:

  • Recognize key differences between assets acquisitions and business combinations

Self-Study Course Instructions:

FOR DOCUMENT-BASED COURSES

Download the course document(s) (below) and follow prompts contained in the document.



FOR RECORDED COURSES WITH VIDEO

Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable.

Play the recording, noting the sectional guides indicating where topics on the agenda are covered and the prompts to pause video playback to respond to a review question (located below the video playback area). The timestamps for review questions are also noted below.

Upon completing the video and successfully answering all review questions, you will then take the final exam.

Kelen knowthedifferencesbetweenanassetacquistionvsbusinesscombination videoimage
Handout Materials
Presentation Slides
Review Questions
Review Questions
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

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Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy".   

Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP.  Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

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CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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About Our Presenter

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Editorial Advisor for the AICPA’s "Journal of Accountancy" and author and reviewer of continuing professional education (CPE) courses for CPAs and other accounting professionals.