Consolidation Accounting 26-27
4.00 Credits
Member Price $175
Non-Member Price $229
Overview
Consolidations have always been a complex topic in accounting. This course will discuss the requirements to consolidate and private company options. It will cover which entities need to consolidate and include an in-depth discussion on variable interest entities (VIEs). It will also cover the FASB’s recent revisions to the Financial Accounting Concepts (FACs) chapter on entities.
Highlights
• Consolidation accounting framework • Voting control • Variable Interest Entities • Business combinations • Control case examples • Business combination case examples • Disclosures
Prerequisites
None.
Designed For
CPAs and other financial professionals in public and private practice.
Objectives
• Understand when control exists requiring consolidation • Recognize how to identify a VIE and when it may be appropriate for a non-public entity to elect out of consolidating • Determine how a consolidated financial statement is presented and how to identify the need for eliminating entries
Preparation
None.
Leader(s):
Leader Bios
Mark Mishler, Kaplan Financial Education
Mark D. Mishler, CPA, CMA is a discussion leader for Loscalzo Associates Ltd. He is Senior Vice President, Chief Financial Officer, Treasurer, and Secretary with Breeze-Eastern (NYSE:BZC), a global aerospace manufacturer. In this role he manages financial planning and analysis plus budgeting and forecasting. He ensures financial integrity and regulatory compliance; works with all operational managers to improve profitability, cash flow, and balance sheet optimization; and develops stakeholders’ confidence in the company. Functionally, he manages finance, accounting, auditing, treasury, tax, SEC reporting, information technology, and risk management. With more than 29 years’ experience in finance and accounting for global public manufacturing companies, Mr. Mishler has led debt and equity financing including an IPO, mergers & acquisitions, public and SEC reporting, audit, manufacturing accounting, information technology, and strategic planning.
Non-Member Price $229
Member Price $175