Chapter 17
Accounting for Business Combinations
In This Chapter
Defining basic terms and classifying business combinations
Using the right accounting method to recognize a business combination
Being aware of common merger and acquisition issues
Reporting investments in equities
Staying current with business combination regulations
This chapter discusses an advanced financial accounting topic: business combinations. Although your introductory financial accounting class may not touch on this subject, outside of the classroom, most financial accountants specialize in this area because the rules are quite detailed. So if you’re debating whether a career in financial accounting is for you, you may want to learn a bit about this topic now. (You’ll certainly encounter it in a more advanced financial accounting course.)
Financial accountants must get information related to business combinations right because people using the information (such as potential investors) depend on it to get the ...
