Handbooks | February 2022
Our comprehensive handbook provides detailed guidance and interpretations of ASC 805, with illustrative examples and Q&As. This edition includes ASU 2021-08 (contract assets and contract liabilities from contracts with customers) and application issues related to SPACs.
Applicability
- Company that is involved with a business combination
- Company that presents goodwill in its financial statements
Relevant dates
- Effective immediately
Report contents
- Scope
- Identifying a business combination
- Acquisition method
- Identifying the acquirer
- Determining the acquisition date
- Determining what is part of the business combination
- Initial recognition and measurement
- Subsequent measurement
- Disclosures
- Determining fair values
- Goodwill and other intangible assets
- Private companies and not-for-profit entities
- Pushdown accounting
- Combinations of entities under common control
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