FASB Adds Business Combinations to Codification
The Financial Accounting Standards Board has added the topic of
business combinations to its accounting standards codification, which aims to organize the thousands of U.S. accounting pronouncements issued by multiple standard-setters into a single authoritative source. Constituents are encouraged to provide input on whether the Business Combinations Topic and all other Codification content accurately reflect U.S. GAAP. Users who
register are able to access and review the online Codification, including the newly added Business Combinations Topic, free of charge.
