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Government Contract Associates (GCA) specializes in working with firms currently seeking or conducting business with the federal government or local and state government agencies that are increasingly subject to federal accounting and contracting regulations., Congress has proposed legislation intended to stop the Financial ...
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Pooling of interest is an accounting technique that is used when the parent's influence in the consolidation unit is even greater than that in the purchase method of consolidation.
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There are actually twelve rules, all of which must be met, that determine if the new company can use the pooling method of accounting. The main rule is that stock must be used for the payment instead of cash.
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The difference between consolidated technology companies that reported on the pooling-of-interest method vs. the purchase method is an accounting nightmare. The goal of SFAS No. 142 is the improved reporting of the financial statements of entities that acquire goodwill and other intangible assets. ... ; Michael J. Devito CPA;
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Success After Pooling ... is presumed to be one that is lucrative and profitable using the purchase method of accounting. According to First Union’s CFO Robert Kelly sees, other advantages to the purchase rule changes.
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Industry observers express surprise about AT&T's announcement that the company expects to use a 'pooling of interest' accounting method for its merger with NCR Corp. Such a use of pooling of interest is not consistent with a traditional interpretation of the rules.
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Goodwill (accounting) - Wikipedia, the free encyclopedia
Goodwill is an accounting term used to reflect the portion of the book value of a business entity not directly attributable to its assets and liabilities; it normally arises only in case of an acquis...
en.wikipedia.org/wiki/Goodwill_(accounting) |
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