Certified Professional In Advanced Financial Accounting

Advanced Financial accounting is a specialized form of financial accounting that focuses on complex transactions. Advanced financial accounting will focus heavily on intercorporate acquisitions and investments in other entities, including the effect of various types of goodwill. Advanced financial accounting also includes analysis involving intangible assets such as patents, copyrights, franchises, and trademarks. If you are considering taking the CPA exam or if you want to learn advanced concepts for your job but do not have time to take an entire course in it then this article may be perfect for you!

Advanced financial accounting focuses on complex transactions, including the effect of various types of goodwill. Advanced financial accounting also includes analysis involving intangible assets such as patents, copyrights, franchises, trademarks.

Objective

  • How to apply different accounting methods based on levels of control
  • How to account for acquisitions and investments
  • Work comprehensive acquisition problems in Excel
  • Work consolidations when the subsidiary is 100% owned
  • Work consolidations when the subsidiary is not 100% owned and there is a noncontrolling interest
  • Work consolidations when the fair value of assets and liabilities at the date of acquisition differs from the book value resulting in a differential
  • Work consolidations where there are intercompany transfers such as upstream (subsidiary to parent) and downstream (parent to a subsidiary) sales of equipment and inventory.
  • Work consolidations where there are intercompany transactions related to debt, bonds, and interest.

 

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Professional Continuing Education is the hall mark of professional development. PDRi has brought internationally recognized certifications and diploma courses with an easy to do and flexible manner. The candidate can complete the course even from home or job place, and exemption of credits is awarded to those professionals who are having upto 02 years experience in their fields. Moreover due to malpractice and increasing scams in online education, PDRi has placed the graduates views about PDRi on the web page. The candidate can deposit the fee in easy installments. Please fill below online registration form and then check your own email for details , containing further process/ procedure.

Advanced Financial accounting

Outline

  • Chapter 1: Conceptual and Case Analysis Frameworks for Financial Reporting
  • Chapter 2: Investments in Equity Securities
  • Chapter 3: Business Combinations
  • Chapter 4: Consolidation of Non-Wholly Owned Subsidiaries
  • Chapter 5: Consolidation Subsequent to Acquisition Date
  • Chapter 6: Intercompany Inventory and Land Profits
  • Chapter 7: (A) Intercompany Profits in Depreciable Assets; (B) Intercompany Bondholdings
  • Chapter 8: Consolidated Cash Flows and Changes in Ownership
  • Chapter 9: Other Consolidation Reporting Issues
  • Chapter 10: Foreign-currency Transactions
  • Chapter 11: Translation and Consolidation of Foreign Operations
  • Chapter 12: Accounting for Not-for-Profit and Public Sector Organizations