Questions from Advanced Accounting


Q: What is a reverse acquisition? How should the consideration transferred in

What is a reverse acquisition? How should the consideration transferred in a reverse acquisition be measured?

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Q: When does the SEC staff believe that push down accounting should be

When does the SEC staff believe that push down accounting should be applied?

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Q: On October 14, 2005, eBay acquired all of the outstanding

On October 14, 2005, eBay acquired all of the outstanding securities of Skype Technologies S.A. (“Skype”), for a total initial consideration of approximately $2.593 billion, plus potential performance...

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Q: On November 19, 2009, eBay sold all the capital shares

On November 19, 2009, eBay sold all the capital shares of Skype to Springboard Group. eBay received cash proceeds of approximately $1.9 billion, a subordinated note issued by a subsidiary of the Buyer...

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Q: Consider the following footnote from a company’s 2012 10K concerning an acquisition

Consider the following footnote from a company’s 2012 10K concerning an acquisition occurring during February of 2011 (The Company’s year-end is January 31). The me...

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Q: On January 26, 2010, the Emdeon acquired all of

On January 26, 2010, the Emdeon acquired all of the voting interest of FutureVision Investment Group, L.L.C. and substantially all of the assets of two related companies, FVTech, Inc. and FVTech Arizo...

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Q: On January 1, 2011, Plank Company purchased 80% of

On January 1, 2011, Plank Company purchased 80% of the outstanding capital stock of Scoba Company for $53,000. At that time, Scoba’s stockholders’ equity consisted...

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Q: Consider the following information from Alliance Data Systems Corporation 2009 10K.

Consider the following information from Alliance Data Systems Corporation 2009 10K. On October 30, 2009, the Company assumed the operations of the Charming Shoppes’ credit card prog...

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Q: In the following table, General Electric’s Balance Sheet from its 2005

In the following table, General Electric’s Balance Sheet from its 2005 annual report is shown. There are six columns of numbers. In the first two columns, GE’s cons...

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Q: On October 14, 2005, eBay acquired all of the outstanding

On October 14, 2005, eBay acquired all of the outstanding securities of Skype Technologies S.A. (“Skype”), for a total initial consideration of approximately $2.6 billion, plus potential performance b...

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