Our professionals have significant experience in valuations related to ASC 805 Business Combinations (formerly SFAS 141R and SFAS 141).

Acquisition accounting prescribed by ASC 805, applicable to business combinations consummated in fiscal years that began after December 15, 2008, differs from prior guidance contained in SFAS 141 on a number of issues.

IFRS 3 Business Combinations contains guidance related to accounting for business combinations under the international financial reporting standards. Although acquisition accounting under IFRS and U.S. GAAP are similar in many respects, significant differences exist.