Accounting for Business Combinations, Goodwill, and Other Intangible Assets:
Interpretations of FASB Statements No. 141 & 142
The Accounting Research Manager Group

Mergers, acquisitions, reorganizations, and new ventures continue to play a key role in economic activity. FASB's new accounting standards—Statement No. 141, Business Combinations, and Statement No. 142, Goodwill and Other Intangible Assets—replaced APB Opinion No. 16 and must now be followed by financial reporting professionals.

These statements eliminate the flexibility to account for some mergers and acquisitions as poolings of interest. Goodwill is no longer subject to amortization over its estimated useful life, but many more acquired intangible assets are recognized separately.

Accounting for Business Combinations, Goodwill, and Other Intangible Assets is a one-stop reference for anyone involved in business combinations, divestitures or dealing with intangible assets. It offers guidance on the rules for both U.S. GAAP and International GAAP.

With paragraph-by-paragraph interpretations of Statements No. 141 and 142, and IAS 22 and 38, it provides practical, time-saving guidance for professionals who must apply difficult-to-implement and constantly changing accounting principles to the complex transactions involved in leveraged buy-outs, acquisitions of minority interests, purchases of assets or stock, rollup transactions, and other consolidations common in many industries.

---

To Purchase: Call 1-800-251-0381 or email orders@stpub.com