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Corporate & Securities Law

: DealLawyers.com Blog

FASB: Proposes Tweaks to FAS 141R, Business Combinations

By broc

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FASB: Proposes Tweaks to FAS 141R, Business Combinations

Last week, the FASB agreed at its board meeting to provide guidance on the soon-to-be-effective FAS 141R, Business Combinations by issuing a proposed FASB Staff Position regarding assets and liabilities arising from contingencies in a business combination. The FSB will likely become final around mid-January. We have posted a memo on this development in our "Accounting" Practice Area.

Full post as published by DealLawyers.com Blog on November 05, 2008 (boomark / email).

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