Did you know that the M&A Standards could impact your company regardless of whether you plan to close a deal? Understanding the M&A Standards may not be a priority for many companies, particularly if M&A activity is not on the horizon in the foreseeable future. However, companies should be careful not to overlook the M&A Standards, as they may have a significant impact, even without a deal.
This edition of Mergers & Acquisitions— A snapshot will help you understand how the accounting and reporting standards for M&A may affect your financial reporting even though you haven’t closed a deal.
* Accounting Standards Codification 805 is the US standard on business combinations, Accounting Standards Codification 810 is the US standard on consolidation and noncontrolling interests (collectively the “M&A Standards”).
** This snapshot, updated since its original issuance to reflect changes for, among other things, contacts and branding, contains guidance that remains relevant as of the publication date.
(Updated on October 1, 2015**)
© 2016 - 2017 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.