Questions from Advanced Accounting

Q: Can a statutory amalgamation be considered a form of business combination?

Can a statutory amalgamation be considered a form of business combination? Explain.

Q: Explain how an acquirer is determined in a business combination for a

Explain how an acquirer is determined in a business combination for a 100%-owned subsidiary.

Q: Outline the accounting involved with the acquisition method for a 100%-

Outline the accounting involved with the acquisition method for a 100%-owned subsidiary.

Q: Briefly describe the accounting involved with the new-entity method.

Briefly describe the accounting involved with the new-entity method.

Q: If one company issued shares as payment for the net assets of

If one company issued shares as payment for the net assets of another company, it would probably insist that the other company be wound up after the sale. Explain why this condition would be part of t...

Q: What criteria must be met for a subsidiary to be consolidated?

What criteria must be met for a subsidiary to be consolidated? Explain.

Q: What part do irrevocable agreements, convertible securities, and warrants play

What part do irrevocable agreements, convertible securities, and warrants play in determining whether control exists? Explain.

Q: What is an acquisition differential, and where does it appear on

What is an acquisition differential, and where does it appear on the consolidated balance sheet?

Q: Is a negative acquisition differential the same as negative goodwill? Explain

Is a negative acquisition differential the same as negative goodwill? Explain.

Q: Outline the Handbook's requirements for NFPOs with regard to accounting for the

Outline the Handbook's requirements for NFPOs with regard to accounting for the capital assets of NFPOs.