Business Combinations

Status

Issued:
June 2001

Effective Date:
For all business combinations initiated after June 30, 2001

Affects:
Supersedes APB 16
Amends APB 20, paragraphs 12 and 35
Amends APB 28, paragraph 21
Amends APB 29, paragraph 4(a)
Amends APB 30, paragraphs 7 and 20 Supersedes AIN-APB 16, Interpretations No. 1 through 39
Supersedes FAS 10
Amends FAS 15, footnotes 5, 6, and 16
Amends FAS 16, footnote 6
Supersedes FAS 38
Amends FAS 44, paragraph 4
Amends FAS 45, paragraph 19
Effectively amends FAS 52, paragraph 101
Amends FAS 72, paragraphs 4, 8, and 9
Supersedes FAS 79
Amends FAS 87, paragraph 74 and Illustration 7
Amends FAS 95, paragraph 134(g)
Amends FAS 106, paragraphs 86 and 444
Amends FAS 109, paragraphs 11(h), 13, 30, 36(d), 259, and 270
Amends FAS 123, paragraphs 8 and 36
Amends FAS 128, paragraph 59
Amends FAS 133, paragraphs 11(c) and 29(f)
Amends FIN 4, paragraph 4
Amends FIN 21, paragraphs 13, 15, 16, and 19 and footnote 4
Deletes FIN 21, paragraph 14
Deletes FIN 44, paragraphs 81 and 82
Amends FIN 44, paragraphs 83 and 84
Amends FTB 84-1, paragraph 6
Amends FTB 85-5, paragraphs 1 through 4, 6, and 7
Deletes FTB 85-5, paragraphs 13 through 24

Affected by:
Paragraphs 46 and E5 and footnote 25 amended by FAS 145, paragraph 9(l)
Paragraphs 55 and 58(b) amended by FAS 154, paragraph C19(f)
Paragraph 61(b) amended by FAS 147, paragraph B2(a)
Paragraph A3(e) effectively deleted by FAS 123(R), paragraph D7(d)
Paragraph A14 amended by FSP FAS 141-1/142-1
Paragraph E10 deleted by FAS 145, paragraph 9(l)
Paragraph E20 deleted by FAS 147, paragraph B2(b)
Paragraph F1 amended by FAS 157, paragraph E21, and FSP FAS 126-1, paragraph A8, and effectively amended by FAS 159, paragraph A44
Footnote 18 deleted by FAS 144, paragraph C16
Superseded by FAS 141(R), paragraph E2*

Other Interpretive Release:
FASB Staff Position FAS 141-1/142-1

AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncements:
SOP 90-7
SOP 94-6
SOP 96-1
PB 4
PB 14

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:
Nullifies EITF Issues No. 85-14, 86-10, 86-31, 87-15, 87-16, 87-27, 88-26, 88-27, 95-12, 96-8, 97-9, 99-6, and 99-18 and Topics No. D-19, D-40, and D-59

Interpreted by:
Paragraphs 4 through 7 and 16 through 18 interpreted by EITF Issue No. 90-13
Paragraph 11 interpreted by EITF Issue No. 02-5
Paragraph 20 interpreted by EITF Issues No. 88-16 and 95-3
Paragraph 21 interpreted by EITF Issue No. 88-16
Paragraph 22 interpreted by EITF Issues No. 88-16 and 99-12
Paragraphs 23 and 24 interpreted by EITF Issue No. 88-16
Paragraphs 25 through 27 interpreted by EITF Issues No. 97-8 and 97-15
Paragraph 28 interpreted by EITF Issues No. 95-8 and 97-15
Paragraphs 29 through 31 interpreted by EITF Issue No. 97-15
Paragraph 34 interpreted by EITF Issue No. 95-8
Paragraph 35 interpreted by EITF Issue No. 04-3
Paragraph 36 interpreted by EITF Issues No. 85-41, 90-12, 95-3, and 98-1
Paragraph 37 interpreted by EITF Issues No. 85-41, 88-19, 90-12, 95-3, and 98-1
Paragraph 37(e) interpreted by EITF Topic No. D-108
Paragraph 37(j) interpreted by EITF Issue No. 85-45
Paragraph 40 interpreted by EITF Issue No. 93-7
Paragraph 49 interpreted by EITF Topic No. D-87
Paragraph 61(b) interpreted by EITF Topic No. D-100
Paragraph A14 interpreted by EITF Issue No. 04-2
Paragraphs A19, A20, and A24 interpreted by EITF Issue No. 02-17
Paragraph D12 interpreted by EITF Issue No. 02-5
Paragraph F1 interpreted by EITF Issue No. 95-3

Related Issues:
EITF Issues No. 84-35, 85-8, 85-42, 85-46, 86-9, 86-14, 90-5, 92-9, 94-2, 95-7, 96-5, 96-7, 96-17, 98-4, 98-11, 99-15, 00-6, 01-2, 01-3, 03-9, 03-17, 04-1, and 05-6 and Topics No. D-54, D-84, and D-97


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^*Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.


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