THE IMPACTS OF REVISIONS TO INTERNATIONAL FINANCIAL REPORTING STANDARDS ON BUSINESS COMBINATIONS Cover Image

THE IMPACTS OF REVISIONS TO INTERNATIONAL FINANCIAL REPORTING STANDARDS ON BUSINESS COMBINATIONS
THE IMPACTS OF REVISIONS TO INTERNATIONAL FINANCIAL REPORTING STANDARDS ON BUSINESS COMBINATIONS

Author(s): Ionica Holban (Oncioiu)
Subject(s): Economy
Published by: Editura Eurostampa
Keywords: IFRS; IAS; accounting revision

Summary/Abstract: The pressures for intensified development in the global environment have been evident as the needs of the changing economy demand international harmonization. In this context, some amendments and revisions are continuously made to the International Accounting Standards and International Financial Reporting Standards by IASB, but accounting for business combinations under US GAAP uses the purchase method. This paper aims to examine the impacts of revisions to IFRS 3 and tries to determine the concerning effects on the treatment of goodwill for business combinations.

  • Issue Year: XVI/2010
  • Issue No: 16
  • Page Range: 31-35
  • Page Count: 4
  • Language: English
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