Handbook: Business combinations
Handbooks | February 2023
Latest edition: Our in-depth guide to accounting for acquisitions of businesses, updated for recent application issues.
Our comprehensive handbook provides detailed guidance and interpretations of ASC 805, with illustrative examples and Q&As.
Applicability
- Company that is involved with a business combination
- Company that presents goodwill in its financial statements
Relevant dates
- Effective immediately
Report contents
- Scope
- Identifying a business combination
- Acquisition method
- Identifying the acquirer
- Determining the acquisition date
- Determining what is part of the business combination
- Initial recognition and measurement
- Subsequent measurement
- Disclosures
- Determining fair values
- Goodwill and other intangible assets
- Private companies and not-for-profit entities
- Pushdown accounting
- Combinations of entities under common control
Download the document:
Business Combinations
Download PDFExplore more
Resource
Handbook: Asset acquisitions
Latest edition: We highlight significant differences in accounting for asset acquisitions vs business combinations.
Resource
Handbook: Impairment of nonfinancial assets
Latest edition: KPMG in-depth guide to impairment testing, covering the models in ASC 350-20, ASC 350-30 and ASC 360.
Resource
Handbook: Consolidation
Latest edition: Our in-depth consolidation guide, covering variable interest entities, voting interest entities and NCI.
Meet our team
Subscribe to stay informed
Receive the latest financial reporting and accounting updates with our newsletters and more delivered to your inbox.
Accounting Research Online
Access our accounting research website for additional resources for your financial reporting needs.