A global guide to accounting for business combinations and non-controlling interests

This PwC guide addresses the new accounting for business combinations and non-controlling interests presented in consolidated financial statements under US generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS), and provides perspectives on the application of the underlying principles. The publication clarifies the fundamental principles of these standards and highlights areas that are expected to present implementation challenges for companies that prepare financial statements under US GAAP or IFRS.