Proposed Accounting Standards Update: Business Combinations (Topic 805…
· Specifically, the Board considered the requirements in paragraphs 805-10-50-2(h) and 606-10-50-13. Paragraph 805-10-50-2(h) requires that public entities disclose the amounts of revenue and earnings of the acquiree included in the consolidated income statement for the annual period of the acquisition and supplemental pro forma information about revenues and earnings of the combined entity.
Mehr Details