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Issues on Intangible Assets Recognition Upon Business Combinations




 Issues on Intangible Assets Recognition Upon Business Combinations
CPE Credit

Program Type: Recorded Webinar (Audio, PPT)
Program Level: Update
Prerequisites: Participants need a background in the subject area and desire to
keep current.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Accounting
Item Number: 16PBV0331
Shipping Weight: 0lbs. 0oz.
Price: $80.00
Program Description

Business combination is a unique form of accounting realization which allows internally developed, therefore embedded, intangible assets, to be reflected on the acquirer’s financial statements. While the purchase price is most likely a lump-sum, it is allocated to multiple itemized assets, including intangible assets. Under what circumstances can and should an intangible asset be separately identified and recognized on the balance sheet? This webinar does not focus on the measurement issues; instead it addresses intangible assets’ recognition issues upon business combination. Purchase price allocations to separately identified intangible assets, as well as to accounting goodwill, are addressed in this webinar.

Learning Objectives

After completing this webinar, attendees will be able to:

- Explain to their clients the need for purchase price allocation upon business combinations
- Differentiate between separately identifiable intangible asset and unidentifiable intangible assets
- Apply the accounting rules on separately identifying intangible assets
- Assess the subsequent effects on their intangible assets identification and purchase price allocation

Who Should Attend

Valuation practitioners

Presenter(s)

Kang Cheng, PhD, CPA
Dr. Cheng is an associate professor in the department of accounting and finance at Morgan State University in Baltimore, Maryland. His teaching and research interests focus on financial reporting, fair value accounting, business consolidation, and M&A related accounting issues. On top of a law degree from National Taiwan University, Taipei, Taiwan, Dr. Cheng earned this PhD in accounting from the George Washington University, and his CPA license from the State of Maryland.