www.CPABill.com

I decided to try my hand at being a "blogger". I wanted to have a place to offer business advice, as well as to post information regarding spiritual and other matters.

Monday, July 14, 2008

Purchase Accounting Changes Are Coming

This was a fascinating article about the upcoming changes to purchase accounting. Click here. The changes will be effective for calendar 2009 and after. One interesting change is that acquisition costs will be written off. Also, acquirers may be able to recognize a gain from a "bargain" purchase of another company.

Posted by Bill Meyer at Monday, July 14, 2008

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