Wiley GAAP 2018, 16th Edition

50ASC 805 Business Combinations

1. Perspectives and Issues
   1. Subtopics
   2. Technical Alerts
      1. ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business
      2. Guidance in ASU 2017-01
      3. Example–Scenario 1
      4. Example–Scenario 2
      5. Effective Dates
      6. Transition
   3. Scope and Scope Exceptions
   4. Overview
      1. Techniques for Structuring Business Combinations
2. Definitions of Terms
3. Concepts, Rules, and Examples
   1. Transactions and Events Accounted for as Business Combinations
   2. Qualifying as a Business
   3. Accounting for Business Combinations Under the Acquisition Method
      1. Step 1–Identify the Acquirer
      2. Step 2–Determine the acquisition date
      3. Example of Consideration of New Information Obtained During the Measurement Period
      4. Step 3–Identify assets and liabilities requiring separate accounting
      5. Example of Settlement of Preexisting Contractual Supplier Relationship; Contract Unfavorable to Acquirer
      6. Example of Settlement of Preexisting Contractual Supplier Relationship; Contract Favorable to Acquirer
      7. Step 4–Classify or designate identifiable assets acquired and liabilities assumed
      8. Step 5–Recognize and measure the identifiable tangible and intangible assets acquired and liabilities assumed
      9. Private company alternative for accounting for identifiable intangible assets in a business combination
      10. Operating leases
      11. Operating lease assets owned by an acquiree/lessor
      12. Assets with uncertain cash flows
      13. Assets the acquirer plans to idle or to use in a manner that is not their highest and best use
      14. Identifiable intangibles ...