Comparison of Current and New Standards

August 20, 2020/in Student Homeworks /by admin

The changes resulting from FAS 141(R) regulations and enacted as at January, 2009 were primarily geared towards ensuring fair value accounting procedures as well as introduction of new complexities when evaluating the resulting fair value of any acquired businesses. The impacts resulting from these regulations will affect consolidated financial reporting with the following key changes:

Cost of Restructuring
From new regulations’ requirements, firms will have to expense all restructuring costs under the….