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Business combinations completed prior to adoption

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Reference no: EM13871807

Is FAS 157 applicable to business combinations completed prior to adoption of the Standard?

Reference no: EM13871807

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Transition relief for valuations previously : Does FAS 157 provide any transition relief for valuations previously prepared using entity-specific assumptions?
Identify value of debt and of equity under hedged scenarios : Identify the value of debt and of equity under both unhedged and hedged scenarios, assuming there are no costs of financial distress.
Transition relief for valuations previously : Does FAS 157 provide any transition relief for valuations previously prepared using entity-specific assumptions?
Performing its goodwill impairment test : Can a reporting entity combine reporting units in performing its goodwill impairment test?
Business combinations completed prior to adoption : Is FAS 157 applicable to business combinations completed prior to adoption of the Standard?
The main areas of concern about the accuracy : Suppose you are asked to do a cash flow budget for the next 12 months for a newly opened baby health clinic. The budget must be done on a month-by-month basis. As the clinic has just opened you have no historical accounting data. The clinic is allowe..
Losses in a business combination : Will FAS 157 result in the recognition of Day One gains or losses in a business combination?
How much will debt and equity owners receive at asset values : How much will the debt and equity owners receive at asset values of G16,000 and of G6,000? Draw the value of debt and of equity as a function of the value of firm assets.
Fair value of debt assumed in a business combination : How should the fair value of debt assumed in a business combination be measured?

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