IASB Issues Business Combinations Statement
Perhaps the most significant difference in approach relates to the way in which contingent liabilities assumed in a business combination are reported.
Perhaps the most significant difference in approach relates to the way in which contingent liabilities assumed in a business combination are reported.
One of the most controversial parts of SFAS 141(R) deals with accounting for contingent assets/liabilities.
The challenge in arriving at fair value is often one of balancing current market conditions with appropriate assumptions.
Multinational companies face several compliance and planning issues.
The independence of a fairness or solvency opinion provider is a critical issue that will not be overlooked by regulators or minority shareholders.
In the original Practice Aid, there was no mention of the back-solve approach. Since then the technique has come into widespread use.