We would like to invite you to our Finvision Academy 2021 IFRS Series. The next IFRS topic will cover IFRS 3 Business Combinations. The objective of these webinars is to provide you an in-dept knowledge of the IFRS requirements combined with a lot of practical examples. The following topics will be discussed during these two webinars:

• Scope & definitions
• Evaluate whether the transaction is a business combination or not
• Identify the acquirer
• Determine the date of acquisition
• Identify the consideration transferred in the business combination, and elements of the transaction that should be accounted for separately from the business combination
• Measure the consideration transferred
• Determine what is part of the business combinations
• Identify the identifiable assets acquired and liabilities assumed in the business combination
• Measure the identifiable assets acquired and liabilities assumed in the business combination (purchase price allocation)
• Measure the non-controlling interest
• Determine the amount of goodwill / gain on bargain purchase
• Recognise any measurement period adjustments / measurement period
• Business combination achieved in stages
• Disclosures

We do combine the theoretical principles with different practical examples. The webinars will be limited in time to allow you to combine this with your daily tasks and schedules. They are also free of charge.

Note that are webinars are approved by the Institute of certified auditors (IBR/IRE) and a certification can be obtained upon request to training@finvision.be.