Author: Terence Arthur FairclothPublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 126
Book Description
Pooling and Purchase Accounting in Business Combinations
Author: Terence Arthur FairclothPublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 126
Book Description
The Pooling Interest Method Vs. the Purchase Method of Accounting
Author: Diana C. SenesePublisher:
ISBN:
Category :
Languages : en
Pages : 252
Book Description
Within accounting there are numerous methods in calculating a transaction. For business combinations, there were two methods of accounting. These two methods being the pooling of interest method and the purchase method. Previously, a company could choose between one of the two methods. This allowance for two methods led to great controversy. The pooling of interest method used a historical cost, while the purchase method used a fair market value cost. Due to the difference in valuation, the financial statements and net income appear to be misleading to the users. In June of 2001, the Financial Accounting Standards Board issued Statement No. 141, which eliminated the pooling of interest method for business combinations. This was an important change and had a significant effect on businesses in the economy today.
An Evaluation of Purchase and Pooling Concepts of Accounting for Corporate Mergers and Acquisitions
Author: Anelise Nick MosichPublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 574
Book Description
IFRS 3 Business Combinations
Author: International Accounting Standards BoardPublisher:
ISBN:
Category : Accounts
Languages : en
Pages : 84
Book Description
Accounting for Business Combinations
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Finance and Hazardous MaterialsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
Book Description
The Accounting for Business Combinations
Author: William B. SparksPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 70
Book Description
Accounting for Business Combinations
Author: John C. BurtonPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
Book Description
Pooling and Purchase Accounting
Author: Dean S. EitemanPublisher:
ISBN:
Category : Accounting
Languages : en
Pages : 262
Book Description
Pooling Accounting
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
Advanced Accounting
Author: Debra C. JeterPublisher: John Wiley & Sons
ISBN: 1119373204
Category : Business & Economics
Languages : en
Pages : 832
Book Description
Advanced Accounting delivers an in-depth, comprehensive introduction to advanced accounting theory and application, using actual business examples and relevant news stories to demonstrate how core principles translate into real-world business scenarios. Clearly defined and logically organized Learning Objectives aid in student comprehension, while highlighted Related Concepts illustrate how individual concepts fit into the larger picture. Short answer questions throughout the chapter allow students to test their knowledge before reaching the more in-depth end-of-chapter questions, promoting a deeper understanding of both technical and conceptual aspects of the field. Written by active accounting researchers, this text brings clarity and flexibility to the central ideas underlying business combinations, consolidated financial statements, foreign currency transactions, partnerships, non-profit accounting and more. This new Seventh Edition has been updated to reflect the latest changes to FASB and GASB standards, allowing students to build a skill set based on up-to-date practices. With a student-oriented pedagogy designed to enhance comprehension, promote engagement, and build real-world understanding, this user-friendly book provides an essential foundation in current advanced accounting methods and standards.