The Financial Accounting Standards Board published Statement No. 141, Business Combinations, and Statement No. 142, Goodwill and Other Intangible Assets on Friday.
Both statements are available via FASB’s Web site or by calling FASB’s order department at 1-800-748-0659.
The hard copy will provide more implementation details, including more guidance, illustrations and basis for conclusion, according to Kim Petrone, FASB project manager for business combinations. For more insight, read “The Goodwill Games: How to Tackle FASB’s New Merger Rules”.