Record acquisition (purchase method)

Definition: Purchase price allocated to identifiable assets/liabilities; excess = goodwill

Part of: Business Combinations

Purchase price allocated to identifiable assets/liabilities; excess = goodwill

CategoryBusiness Combinations
DebitAssets (at FV); Goodwill
CreditLiabilities (at FV); Cash / Consideration
RelatedASC 805; PPA

Related Subjects

See Also