Consolidations and Business Combinations

Course Details


Wednesday, August 14, 2019

7:00am – 2:30pm (Registration: 6:30am)

Field of Study

Accounting & Audit

CPE Credit

8 hours CPE credit

Level of Knowledge





Basic knowledge of U.S. GAAP


Consolidation accounting has changed significantly during recent years due to the to clarify the accounting for consolidations. This program addresses consolidationintroduction of the requirements based on the FASB guidance in Topic 810, Consolidation.concept of variable, In addition, the accounting for a business combination has also changed due to the issuance of FASB 141, Business Combinations, which changed the accounting for an acquisition from purchase accounting to acquisition accounting. This program will address acquisition accounting based on the FASB guidance in Topic 805, Business Combinations. interest entities (FIN 46). Today, consolidation can occur based on control other than majority ownership as well as one company having majority ownership of another, creating additional complexity for consolidation accounting and disclosures. Since 2009, FASB has issued nine ASUs in an attempt


  • Consolidation Framework (ASC 810),
  • Variable Interest Entities,
  • Voting Interest Entities,
  • Consolidation Application Cases,
  • Disclosure Requirements,
  • Business Combination Framework (ASC 805),
  • Business Combination Recognition Model,
  • Business Combination Application Cases,
  • Disclosure Requirements


  • Describe the U.S. GAAP guidance for consolidations and business combinations,
  • Distinguish between consolidation based on majority ownership and consolidation based on control (VIE accounting),
  • Apply accounting guidance to issues such as primary beneficiaries, variable interests, non-controlling interests, step acquisitions, goodwill, and fair value,
  • Apply consolidation and business combination guidance through a number of workshop cases

Designed For

CPAs, accountants, and financial professionals in industry and public practice.

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

Non-Member Fee

Applicable if you are not a WYOCPA member.

Your Price $375.00

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