Effective Date for SFAS 141R Approaching Fast

Under SFAS 141R, there will be greater time pressure. SFAS 141 allowed a company one year to complete its purchase accounting.

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.

FASB Issues Business Combinations Statement

One of the most controversial parts of SFAS 141(R) deals with accounting for contingent assets/liabilities.

Portfolio Valuations Satisfy Requirements of ASC 820

The challenge in arriving at fair value is often one of balancing current market conditions with appropriate assumptions.

Current Practice Issues Pertaining to Sec. 409A

In the original Practice Aid, there was no mention of the back-solve approach. Since then the technique has come into widespread use.