TITLE

Whither Pooling? - Part II

AUTHOR(S)
Livingston, Phil
PUB. DATE
January 2000
SOURCE
Financial Executive;Jan/Feb2000, Vol. 16 Issue 1, p6
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article focuses on the Financial Accounting Standards Board's (FASB) proposal to eliminate pooling of interest in favor of purchase accounting for all business combinations in the U.S. The author believes the pooling allows mergers that benefit both companies as well as shareholders. However, he feels pooling should be restricted to mergers between equals.
ACCESSION #
11899395

 

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