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Activity Provided By:

Becker Professional Education

Accounting for Consolidations What You Need to Know about Cost, Equity and Acquisition Methods, Part 1

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Overview / Abstract:

In this first of a two-part course, we provide the rules and best practices for consolidating financial statements. In this session you will explore Marketable Securities and the Cost and Equity Methods of accounting for investments and consolidations. At the conclusion of this session you will be able to:

Recognize the types of marketable securities, their classification and the impact they have on an entitys financial statements
Recognize the purpose and characteristics of consolidated financial statements
Recognize the criteria utilized to determine when to consolidate financial statements and when to apply the cost or equity methods
Recognize the steps used when accounting for a business combination using the Cost Method and calculate the amounts reported in the financial statements
Recognize the steps used when accounting for a business combination using the Equity Method and calculate the amounts reported in the financial statements

Expiration

Aug 18, 2020

Discipline(s)

Accounting , Financial Advisor CE

Format

Online

Cost

79.00

Credits / Hours

2.00 CPE

Keywords / Search Terms

Becker Professional Education

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