TITLE

New M&A Accounting Rules Not Widely Understood

AUTHOR(S)
Heffes, Ellen M.
PUB. DATE
January 2002
SOURCE
Financial Executive;Jan/Feb2002, Vol. 18 Issue 1, p52
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses results of a poll conducted by KPMG LLP of senior business executives. Sixty-four percent of those surveyed say their staff need additional guidance on Financial Accounting Standards 141 and 142, both of which deal with accounting for mergers and acquisitions (M&A). An overwhelming majority indicated their firms' M&A activity would not be affected by the elimination of the "pooling of interests" accounting method.
ACCESSION #
11910460

 

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