Now that you are familiar with the basic accounting for business combinations under ASC 805, you’re ready to level up! This CPE-eligible, eLearning course (1.0 CPE) dives deeper into more advanced business combination issues, including exceptions to the general recognition and measurement guidelines for acquired assets and liabilities. We discuss the accounting for non-controlling interests, which arise when an entity acquires less than 100% of a business. And what about measurement period adjustments? You learn that the measurement period is not always one year and, more importantly, it is not a blank check to throw everything into goodwill! This course concludes with a discussion of the ASC 805 disclosure requirements.