This article discusses the accounting treatment for the acquisition of Gengar Funeral Homes and Dusclop Funeral Homes. It explains the fair values of assets and liabilities acquired and assigning the cost based on fair values. The article also includes references for further reading.

Accounting for Business Combinations Case Assignment - Ghastly Cemeteries Inc.

Assist Ghastly Cemeteries Inc. with preparing their December 31, 2017 financial statements, including accounting for business combinations with Gengar Funeral Homes and Dusclop Funeral Homes.

Discover accounting for acquiring Gengar and Dusclop Funeral Homes, including fair value assessment and cost allocation.

Accounting for Business Combinations - Desklib

Accounting for Business Combinations

Financial Accounting and Reporting 4

This memorandum discusses various financial accounting and reporting issues related to the consolidation of financial statements. It covers topics such as valuation and accounting treatments, revaluation of assets and liabilities, and the ultimate effect on goodwill and capital reserve.

De La Salle University

Financial Accounting and Reporting

This essay discusses the process of recognising and measuring the identifiable “liabilities assumed” and “assets acquired” in a merger or acquisition. It also explains the importance of IFRS 3 and IFRS 10 in identifying the acquirer, measuring and recognition of gain from a bargain purchase or goodwill and improving the overall compatibility, relevance and reliability of the financial statement about business combination.

Corporate Accounting: Recognising and Measuring Assets and Liabilities in Business Combinations

It also linked the Australian accounting standard with that of the IFRS and IAS The Australian reporting entity is importance since it discloses the resources, and the outcomes of their deployment, thus enable users to know the financial position and the performance of the entity. The guidance in the estimation of the fair value which both the Australian accounting standard share with the IFRS includes: Finish goods- Estimate the selling price minus the sum of (a) a reasonable allowance on profit for selling effort received from the acquiring entity and (

Accounting for Corporate Structure 1 Accounting Standards in Business Combination

This document discusses the accounting treatment of goodwill in case of company acquisition. It explains what goodwill is, how it is calculated, and its impact on the balance sheet. The document also discusses the factors affecting goodwill and the guidelines provided by GAAP. References to external sources are provided for further reading.

Accounting Treatment of Goodwill in Company Acquisition

Intermediate Accounting II

This article analyzes the valuation and accounting issues in Desklib, covering topics such as current and prospective owner valuation, ASPE based on purchase price agreement, rewards program, long-term debt, and debt guarantee. It also discusses the impact of recognition and measurement of liabilities and assets on the purchase price. The article concludes that the overall computation of purchase price is not appropriate as contingent asset and liability are not considered.

Nash Community College

Valuation and Accounting Issues in Desklib: An Analysis

Financial Accounting and Reporting 2

This document provides an explanation of the accounting issues raised in a business combination and the valuation of assets and liabilities. It discusses the guidelines provided by AASB 3 and IFRS 3 for recognizing and measuring identifiable assets and liabilities. The document also addresses specific issues related to fair value adjustments and the creation of a business combination valuation reserve. Recommendations are provided for complying with accounting standards and preparing consolidated financial statements. The conclusion emphasizes the inclusion of all assets and liabilities in the consolidated statement.

Accounting for Business Combinations

Financial Accounting and Reportinglg...

Corporate Accounting: Recognising and Measuring Assets and Liabilities in Business Combinationslg...

Accounting for Corporate Structure 1 Accounting Standards in Business Combinationlg...

Accounting Treatment of Goodwill in Company Acquisitionlg...

Valuation and Accounting Issues in Desklib: An Analysislg...

Accounting Issues in Business Combinationlg...

Financial Accounting and Reporting

Corporate Accounting: Recognising and Measuring Assets and Liabilities in Business Combinations

Accounting for Corporate Structure 1 Accounting Standards in Business Combination

Accounting Treatment of Goodwill in Company Acquisition

Valuation and Accounting Issues in Desklib: An Analysis

Accounting Issues in Business Combination