The course will provide participants with tools that will allow them to prepare a purchase price allocation with less support from an outsourced advisor than they otherwise might use. It will teach participants how to segment enterprise cash flows based on capital charges and how to allocate them to different intangible assets, as well as how to assess the relative riskiness of different types of intangible assets that result from a business acquisition or combination. Also covered are methods to segment enterprise cash flows based on capital charges and how to allocate these charges to different intangible assets. Participants will learn techniques for assessing the relative riskiness of different types of intangible assets that result from a business acquisition or combination.

Topics include:

• overview and process of allocating and reconciling the purchase price following a business acquisition 
• valuation techniques relating to intangible assets such as trademarks, technologies, trade secrets, non-competition agreements, workforces, customer relations, and order books

Learning Objectives

By the end of this course, participants should be able to:

• Identify different types of intangible assets that result from a business acquisition or business combination and develop a purchase price allocation framework.
• Utilize excess earnings approaches to intangible asset valuation and royalty relief methods to value different identifiable intangible assets.
• Apply capital charges to different types of intangible assets in order to develop a cash flow stream that can be quantified and valued, as is required in the valuation of identifiable intangible assets.
• Reconcile the valuation of individual intangible assets with an overall business purchase price and will solve for the value of goodwill in a purchase price allocation.

Prerequisite Knowledge

This seminar requires that participants have one of two prerequisites:

• Experience in a role involving PPA, or
• Completed either or both of the following courses: Business Valuations – Fundamentals or Business Valuations – Advanced 

Applicable for:

CPAs in public practice providing purchase price allocation support work and/or controllers and CFOs involved in the financial reporting element of business acquisitions.

What to Expect

• An email will be sent from CPA Manitoba to the participant within two business days of registration. The email will include information on how to access the course along with the necessary login credentials.
• Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal.
• This course is designed for participants to view while following along with the course material provided.
• This self-study course allows the user to save their progress and return to continue later.

Registration is for this course is open until December 31, 2023 and should be completed by January 31, 2024, after this time, access to the course will no longer be available.

To receive a certificate, participants must complete a quiz at the end of the course. Unlimited quiz attempts are available until the passing grade of 70% or better is achieved. After this you will no longer have access to the quiz.