{"id":1333,"date":"2017-12-22T14:47:04","date_gmt":"2017-12-22T13:47:04","guid":{"rendered":"https:\/\/frjournal.eu\/journal\/?p=1333"},"modified":"2017-12-22T14:47:04","modified_gmt":"2017-12-22T13:47:04","slug":"acquisition-type-or-merger-type-accounting-further-insights-on-transactions-involving-businesses-governed-by-the-same-party-ies","status":"publish","type":"post","link":"https:\/\/frjournal.eu\/journal\/2017\/12\/22\/acquisition-type-or-merger-type-accounting-further-insights-on-transactions-involving-businesses-governed-by-the-same-party-ies\/","title":{"rendered":"Acquisition-type or merger-type accounting? Further insights on transactions involving businesses governed by the same party(-ies)"},"content":{"rendered":"<p>Onesti Tiziano, Romano Mauro, Taliento Marco\/\u00a0<a href=\"http:\/\/www.sidrea.it\/category\/riviste\/financial-reporting\/\">Financial Reporting<\/a>,\u00a0<a href=\"http:\/\/www.sidrea.it\/category\/riviste\/\">Riviste<\/a>\u00a0\/\u00a0Fascicolo: 2-2015<\/p>\n<hr \/>\n<p>This paper \u2013 aiming at encouraging a fruitful debate \u2013 intends to highlight the discontinuous evolution of the accounting solutions explored by notable bodies (Efrag-Oic, Iasb, Fasb, Kasb, etc.) with reference to transactions involving businesses under common control. The work finally recompose them in two basic categories (discussing their pros\/cons as well), here analyzed: acquisition-type accounting, which emphasizes fair value (emergence of exchange or current amounts) vs. merger-type accounting, linked to historical costs (continuity values approach). The first cluster includes the pure-acquisition and the fresh-start method, whereas the second the predecessor basis and the pooling of interests techniques. The concrete identification of the proper methodology, in this regard, essentially requires the profound understanding of the underlying economics, architecture and key elements of a specific transaction shedding light on the most relevant and reliable information useful to stakeholders.<\/p>\n<p><strong>Keywords:\u00a0<\/strong>Common control, consolidation, financial reporting, acquisition accounting, fresh start, predecessor basis, pooling of interests, IAS\/IFRS<\/p>\n<hr \/>\n<div class=\"fusion-button-wrapper fusion-aligncenter\"><style type=\"text\/css\" scoped=\"scoped\">.fusion-button.button-1 .fusion-button-text, .fusion-button.button-1 i {color:#ffffff;}.fusion-button.button-1 {border-width:0px;border-color:#ffffff;}.fusion-button.button-1 .fusion-button-icon-divider{border-color:#ffffff;}.fusion-button.button-1:hover .fusion-button-text, .fusion-button.button-1:hover i,.fusion-button.button-1:focus .fusion-button-text, .fusion-button.button-1:focus i,.fusion-button.button-1:active .fusion-button-text, .fusion-button.button-1:active{color:#ffffff;}.fusion-button.button-1:hover, .fusion-button.button-1:focus, .fusion-button.button-1:active{border-width:0px;border-color:#ffffff;}.fusion-button.button-1:hover .fusion-button-icon-divider, .fusion-button.button-1:hover .fusion-button-icon-divider, .fusion-button.button-1:active .fusion-button-icon-divider{border-color:#ffffff;}.fusion-button.button-1{width:auto;}<\/style><a class=\"fusion-button button-flat fusion-button-round button-large button-default button-1\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"fusion-button-text\">Read Article<\/span><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Onesti Tiziano, Romano Mauro, Taliento Marco\/\u00a0Financial Reporting,\u00a0Riviste\u00a0\/\u00a0Fascicolo: 2-2015 This paper \u2013 aiming at encouraging a fruitful debate \u2013 intends to highlight the discontinuous evolution of the accounting solutions explored by notable bodies (Efrag-Oic, Iasb, Fasb, Kasb, etc.) with reference to transactions involving businesses under common control. The work finally recompose them in two basic categories [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30,1],"tags":[108,105,106,107,109,112,111,110],"class_list":["post-1333","post","type-post","status-publish","format-quote","hentry","category-browse-the-journal","category-financial-reporting","tag-acquisition-accounting","tag-common-control","tag-consolidation","tag-financial-reporting","tag-fresh-start","tag-iasifrs","tag-pooling-of-interests","tag-predecessor-basis","post_format-post-format-quote"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Acquisition-type or merger-type accounting? 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