TITLE

Acquisitions - not business combinations

PUB. DATE
April 2007
SOURCE
Accountancy;Apr2007, Vol. 139 Issue 1364, p80
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Paragon, a British consumer finance company, did not consider the acquisition of two outside companies as constituting a business combination. As a result of this finding, the company announced that it did not need to meet the guidelines set by international financial reporting standards.
ACCESSION #
24871234

 

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