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NFPO Combinations – AcSB

Date recorded:

At its meeting on November 12-13, 2018, the AcSB continued its discussion on the scope of transactions subject to the proposed guidance. The Board analyzed various transactions and assessed whether the transactions would meet the proposed criteria for accounting for the combination as a merger. Although the Board agreed with the outcome of some transactions under the proposed guidance, it questioned the outcome of other transactions. The Board directed staff to conduct further research to determine whether additional information, such as the purpose of the entity, should be considered to determine the scope of the proposals.

Review the Executive Summary on the AcSB's Web site.

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