● Differentiate the market value method from the equity method and describe the conditions under which each is used.
● Briefly describe the fundamental issues involved when one company acquires a controlling interest in another company and explain how goodwill appears on the financial statements and is subsequently accounted for.
● List and describe the major issues involved when accounting for long-lived assets and briefly explain how the accounting methods for each issue affect the financial statements.
Course Number:
JP07
NASBA Field of Study:
Accounting
Level:
Basic
Author/Instructor:
Jamie Pratt
CPE Credits:
2
Prerequisites:
None
Advanced Preparation:
None
0 Comments