Discuss the concept of accounting for business combinations and the different methods used, such as the acquisition method and the pooling of interests method.
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Discuss the concept of accounting for business combinations and the different methods used, such as the acquisition method and the pooling of interests method.
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- Define the term business combination and differentiate across various forms of business combinations.Regarding Business Combinations: Critically analyse the key characteristics of an acquiring company as far as mergers and acquisition is concerned.discuss the forms of business organization as to ownership.
- Which one of the following accounting concepts/conventions enables the business to make comparative analysis of the financial results of two entities? a.cost , b.going concern , c.business entity , d.consistencyWhat does accounting entity assumption mean for a business?Explain what the separate entity assumption means whenit says a business is treated as separate from its owners foraccounting purposes
- In a business combination, the acquiree is the business that: Select one: a. Finances the business combination. b. Pays the acquisition consideration. c. The acquirer obtains control of in a business combination. d. Obtains control of the acquiree.Discuss the financial implications of the different forms of business organization.Please concisely explain how the excess investment cost over book value is allocated. When is the intra-entity’s profits recognized on transfers between the investor and investee? What is the controlling interest percentage for a consolidated accounting financial statement?