Private Company Alternatives for Purchase Accounting
Emily Stein
October 11, 2019
Background In August of 1970, the Accounting Principles Board (APB) issued Opinion 16: Business Combinations to set the standards for
Background In August of 1970, the Accounting Principles Board (APB) issued Opinion 16: Business Combinations to set the standards for
As cloud computing became more popular, businesses took different approaches to how they accounted for it on their financial statements.
The new FASB lease accounting standard ASC 842 is already in effect for public companies with a calendar year-end. Private
ASU 2017-07 addresses clarity and consistency issues and will impact pension and postretirement plans. Public entities should adopt this update for
The FASB began 2016 with an update to accounting for financial instruments. ASU 2016-01 removes the existing categories and prescribes
One of the most daunting issues related to purchase price allocations related to business acquisitions has been the requirement that
The Members of the Financial Accounting Standards Board (FASB) met on October 30, 2015 to discuss the feedback received on
In the Winter 2015 edition of our Valuation Perspectives newsletter, we noted that in December 2014, the Financial Accounting Standards
The Financial Accounting Standards Board (FASB) recently released an exposure draft of a Proposed Accounting Standard Update which will impact
The Financial Accounting Standards Board (FASB) has announced that it is getting ready to release a set of proposals that