All Business Combinations articles

  • AccountingUpdateFeature

    FASB update addresses revenue recognition in business combinations


    The Financial Accounting Standards Board announced an update to its business combinations standard aimed at clarifying how to apply requirements under its revenue recognition rule.

  • Article

    Filing problems? SEC invites companies to ask for help


    Where one entity’s financial statements get impossibly tangled with another’s, the SEC is inviting companies to reach out and ask for some relief.

  • Article

    In M&A, SEC hints at relief over accounting rule differences


    M&A deals could become a little more complicated this year as a result of changes in accounting standards and complexity around what needs to be reported.

  • Blog

    Valuation group proposes rules for contingent consideration


    A professional valuation group is working on new guidance that would produce formal standards on how to value contingent consideration, a common provision in business combinations.

  • Blog

    FASB finalizes tweaks on business definition


    FASB has finalized new guidance to make it more clear when a particular transaction constitutes the purchase or sale of a business or just a collection of assets. Tammy Whitehouse has more.

  • Blog

    FASB Tackles How to Present Partial Sales of Nonfinancial Assets


    In its quest to clarify how to define “business” for the sake of accounting rules, FASB is wading into how to account for partial sales of nonfinancial assets. FASB has tentatively decided that all transactions where an entity retains an equity interest in an asset or receives an equity interest ...

  • Blog

    FASB Proposes Changes to Business Definition


    FASB is proposing some clarifications to how a business is defined, to help companies following accounting rules related to acquisitions, disposals, goodwill, and consolidation. The board says stakeholders have reported that applying the current definition, as spelled out in U.S. Generally Accepted Accounting Principles, sweeps in transactions that don’t really ...

  • Blog

    FASB Simplifies Business Combinations Accounting


    FASB has approved a change that simplifies accounting for business combinations, so companies will no longer be required to make retrospective adjustments to historical data as if the facts of the acquired unit had been known from the date of the acquisition. Instead, the acquiring company will recognize adjustments to ...

  • Blog

    FASB Proposes Simplification to M&A Accounting


    The Financial Accounting Standards Board is proposing a change to the rules around how to adjust provisional amounts recorded at the time of a transaction to simplify the accounting for business combinations. FASB says stakeholders say current rules are costly and complicated and don’t significantly improve the information available to ...

  • Blog

    Public Companies Could Win Same Exception Given to Privates on Intangible Assets


    FASB is taking a fresh look at a method to account for intangible assets it just permitted for private companies, to see whether the rule should be granted to public companies as well. The new method allows private companies to bypass the current GAAP requirement to recognize separately from goodwill ...

  • Blog

    SEC Relaxes View on Goodwill Impairment Test Date


    Staff members at the SEC are easing up their expectation on preferability letters when companies decide to change the date of their annual goodwill impairment testing. Acknowledging the judgment that goes into making such a determination, staff members will no longer request a preferability letter to be obtained and filed, ...

  • Blog

    FASB, SEC Give New Options on Pushdown Accounting


    FASB has issued a new Accounting Standards Update to provide an option for the application of “pushdown accounting,” which occurs when an acquired business adopts the new parent company’s basis of accounting to prepare its financial statements. The update gives acquired companies some choices on the timing and extent of ...