Episode 2
Business Combinations
A high-level look at the many complexities in ASC 805, the Business Combinations standard.
August 1, 202141m 28s
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Show Notes
The accounting standard on Business Combinations, ASC 805, is one of the most complex and wide-ranging. This episode of Accounting Matters takes a look at this guidance and discusses the most important takeaways, including:
- What is considered a business
- Determining who acquired who and when
- Mechanics of the purchase price allocation
- Contingent consideration arrangements
- And more!
For more information on Business Combinations:
- What You Need to Know About the Updates in ASC 805 (Business Combinations)
- How Accounting Should Support an Acquisition or Merger
- ASC 805, Business Combinations
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Topics
accountingfinancebusiness