Business Combinations

Status

Issued:
December 2007

Effective Date:
Prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008

Affects:
Deletes ARB 43, Chapter 1A, paragraph 3
Amends APB 14, paragraph 9
Supersedes APB 16
Amends APB 18, paragraph 19(m)
Amends APB 28, paragraph 21 and footnote 3a
Amends APB 29, paragraph 4 and footnote 3a
Amends APB 30, paragraphs 7 and 20
Supersedes AIN-APB 16, Interpretations No. 1 through 39
Adds FAS 2, paragraph 3A
Amends FAS 2, paragraph 12
Adds FAS 5, paragraph 7A
Supersedes FAS 10
Amends FAS 15, footnotes 5 and 16
Supersedes FAS 38
Deletes FAS 45, paragraph 19
Amends FAS 52, paragraph 101
Adds FAS 60, paragraphs 59A through 59E
Amends FAS 68, paragraph 11
Deletes FAS 68, footnote 3
Supersedes FAS 72
Supersedes FAS 79
Amends FAS 86, paragraph 2
Replaces FAS 87, paragraph 74
Deletes FAS 87, paragraphs E15 and E88
Amends FAS 95, paragraph 134(g)
Amends FAS 97, paragraph 6
Replaces FAS 106, paragraph 86
Deletes FAS 106, paragraphs 87 and 88
Amends FAS 109, paragraphs 9(d), 11(h), 13, 16, 26, 30, 37, 45(f), 45(h), 48, 259 through 262, 264, 265(e), and 266 and footnotes 9a and 18a
Adds FAS 109, paragraph 30A and footnote 8a
Replaces FAS 109, paragraph 263
Deletes FAS 109, paragraphs 268 and 269
Amends FAS 113, paragraph 6
Amends FAS 120, paragraph 4
Amends FAS 123(R), paragraph 4
Amends FAS 128, paragraph 59
Replaces FAS 133, paragraph 11(c)
Amends FAS 133, paragraph 29(f)
Supersedes FAS 141
Amends FAS 142, paragraphs 1, 4, 6, 8, 9, 11(b), 16, 21, 33, 35, 44, 45(c), 48, 50, 52, C2, and F1 and footnotes 3, 6, 7, 9, 11, 14, 18, and 21
Deletes FAS 142, paragraph D11 and footnotes 1, 5, 8, and 25
Replaces FAS 142, paragraph 49 and footnote 24
Adds FAS 142, paragraph 6A
Amends FAS 144, paragraphs 5 and D1
Amends FAS 146, paragraph 2
Deletes FAS 146, footnote 2
Supersedes FAS 147
Amends FAS 150, paragraph 16
Deletes FAS 150, footnote 9
Amends FAS 154, paragraphs 2(f) and 24
Amends FAS 157, footnote 2
Amends FAS 159, paragraph 10
Supersedes FIN 4
Supersedes FIN 9
Amends FIN 21, paragraphs 13, 15, 16, and 19
Deletes FIN 21, paragraph 14 and footnote 4
Amends FIN 26, paragraph 5
Amends FIN 45, paragraph 7(c)
Amends FIN 46(R), paragraphs 4(h) and 23
Replaces FIN 46(R), paragraphs 18 through 21 and footnote 16
Deletes FIN 46(R), paragraphs C1 and C8
Adds FIN 48, paragraphs 12A and 12B
Supersedes FSP FAS 141-1/FAS 142-1
Amends FTB 84-1, paragraph 6
Supersedes FTB 85-5

Affected by:
Heading following paragraph 22, and paragraphs 30, 60, 68, 68(j), A107, and G3 amended by FSP FAS141(R)-1, paragraphs A1(a), A1(e), A1(f), A1(k), A1(j), A1(q), and A1(r), respectively
Paragraphs 24 and 62 replaced by FSP FAS141(R)-1, paragraphs A1(b) and A1(g), respectively
Paragraphs 24A and 65A added by FSP FAS141(R)-1, paragraphs A1(c) and A1(i), respectively
Paragraphs 25, the heading following paragraph 25, 63, 72(c), and A62 through A65 deleted by FSP FAS141(R)-1, paragraphs A1(d), A1(d), A1(h), A1(l), A1(n), A1(o), and A1(p), respectively
Paragraphs 27 and 77 amended by FSP FIN 48-3, paragraph 13
Paragraphs 44, A126, and D4 through D6 amended by Accounting Standards Update 2010-08 paragraphs A9(a) through A9(e), respectively
Paragraphs 67(b), 68(l), and 70 amended by FAS 165, paragraphs B9(a) through B9(c) respectively
Paragraphs E1 and F2 deleted by FAS 164, paragraphs E11(a) and E11(b), respectively
Paragraphs E7 and E27(b) deleted by Accounting Standards Update 2010-08 paragraphs A9(f) and A9(g), respectively
Paragraph F1 amended by FAS 162, paragraph B3

Other Interpretive Release:
FASB Staff Position FAS 141(R)-1

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:
Nullifies EITF Issues No. 85-8, 85-42, 88-16, 88-19, 89-19, 90-12, 92-9, 93-7, 95-3, 95-8, 96-797-8, 97-15, 98-1, 98-3, 99-12, 99-15, 01-3, 02-17, 04-1, and 04-2 and Topics No. D-54, D-87 and D-100
Partially nullifies EITF Issues No. 90-5 and 90-13
Resolves EITF Issues No. 84-35 and 86-14
Modifies EITF Issues No. 87-12, 87-21, 96-5, 97-2, 98-11, 99-7, 00-19, 01-2, and 02-11 and Topic No. D-101

Interpreted by:
No EITF Issues

Related Issues:
EITF Issues No. 85-41, 91-5, 02-5, 02-7, 02-13, 04-3, 08-6, 08-7, 09-2, and 09-4


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^||Note: Amendments as a result of FAS 162 are effective 60 days following the SEC’s approval of the PCAOB’s amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles.


Abbreviations for Accounting Pronouncements
FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides