The FASB has issued FAS 164 Not-for-Profit Entities: Mergers and Acquisitions. Business combinations in the Non-Profit sector are accounted for differently than those of for profit enterprises. As a follow on to FAS 141(R) the FASB is updating the guidance for not-for-profit entities. I’ll publish a summary of the new pronouncement shortly.
Archive for the ‘Business Combinations’ Category
Not-for-Profit Business Combinations
Posted: 3rd June 2009 by Sander Abernathy in Business CombinationsComments Off