## Abstract Two FASB standards have radically changed the rules for accounting for mergers and acquisitions. __Β© 2002 Wiley Periodicals, Inc.__
Business combinations: The next accounting albatross?
β Scribed by Frank C. Minter
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 82 KB
- Volume
- 10
- Category
- Article
- ISSN
- 1044-8136
No coin nor oath required. For personal study only.
β¦ Synopsis
He formerly was vice president and controller of AT&T Company, and CFO of two of its units. After retirement he served on the accounting faculty at Samford.
Mr. Minter currently serves on the Financial Accounting Standards Advisory Council (FASAC) and the Strategic Planning Committee of the Institute of Management Accountants (IMA). He previously served on The Financial Executives Institute's (FEI) Committee on Corporate Reporting and on the Emerging Issues Task Force (EITF).
The FASB's business combinations project could become a troublesome burden.
π SIMILAR VOLUMES
## Abstract βSweepingβ is the best word to describe the changes in acquisition accounting from Financial Accounting Standards Board Statement No. 141(R). The authors present a detailed analysis of its guidelines and impact. __Β© 2009 Wiley Periodicals, Inc.__
The FASB hopes to move quickly ahead on accounting for business combinations to bring U.S.
## Changes in Business Combinations Accounting May Be on the Horizon T he Financial Accounting Standards Board (FASB) began its project on business combinations in August 1996. It issued a Special Report related to the project in June 1997. In its most recent agenda-as of July 1, 1998-the FASB is
This article presents the five stages involved in the construction of a knowledge-based system using VP-EXPERT, with emphasis on the final step, knowledge validation. The knowledgebased system, called PURPOOL, enables the user to determine the proper accounting treatment for a business combination.