JUMOQ Learning · Group Accounting & Business Combinations

Ind AS 103 Foundations - Acquisition-method Mechanics

Apply the acquisition method from consideration and identifiable net assets through goodwill, bargain purchase and acquisition-date entries.

INDAS103-B02Basic

Course director: Venkata Subramani Ramachandra

2 hr 26 minFull study estimate

Full study estimate: 2 hr 26 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

The four steps of the acquisition method

LessonThe four steps of the acquisition method
VideoThe Acquisition Method: Build a Balanced Goodwill Journal
QuizLesson 1 knowledge check
Decision MissionDecision Mission - choose and defend the Ind AS 103 route

Consideration transferred and transactions separate from the combination

LessonConsideration transferred and transactions separate from the combination
QuizLesson 2 knowledge check

Identifiable assets, liabilities and non-controlling interests

LessonIdentifiable assets, liabilities and non-controlling interests
QuizLesson 3 knowledge check
Impact SimulatorImpact Simulator - test acquisition assumptions and sensitivities

Acquisition-date fair value, provisional amounts and the measurement period

LessonAcquisition-date fair value, provisional amounts and the measurement period
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the acquisition accounting workflow

Goodwill, bargain purchase and acquisition-date entries

LessonGoodwill, bargain purchase and acquisition-date entries
QuizLesson 5 knowledge check
Downloadable resourceInd AS 103 Foundations - Acquisition-method Mechanics Applied Model Pack
Downloadable resourceInd AS 103 Scope, Business Definition and Acquisition-method Map

Final Assessment

QuizInd AS 103 Foundations - Acquisition-method Mechanics - Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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