Acta Univ. Agric. Silvic. Mendelianae Brun. 2012, 60(2), 315-324 | DOI: 10.11118/actaun201260020315

Comparison of accounting methods for business combinations

Jaroslav Sedláček, Zuzana Křížová, Eva Hýblová
Katedra financí, Ekonomicko-správní fakulta, Masarykova univerzita, Lipová 41a, 602 00 Brno, Česká republika

The revised accounting rules applicable to business combinations in force on July1st 2009, are the result of several years efforts the convergence of U.S. and International Committee of the Financial Accounting Standards. Following the harmonization of global accounting procedures are revised and implemented also Czech accounting regulations. In our research we wanted to see how changes can affect the strategy and timing of business combinations. Comparative analysis is mainly focused on the differences between U.S. and international accounting policies and Czech accounting regulations. Key areas of analysis and synthesis are the identification of business combination, accounting methods for business combinations and goodwill recognition. The result is to assess the impact of the identified differences in the reported financial position and profit or loss of company.

Keywords: business combinations, types of mergers and acquisitions, mergers and acquisitions development, macroeconomic environment, accounting methods, U.S. GAAP, IFRS, CAR
Grants and funding:

The paper contains first results of project of Grant Agency CR No. 403/11/0447 "The Analysis of Taxation and Accounting Procedures during Mergers".

Received: November 30, 2011; Published: October 3, 2013  Show citation

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Sedláček, J., Křížová, Z., & Hýblová, E. (2012). Comparison of accounting methods for business combinations. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 60(2), 315-324. doi: 10.11118/actaun201260020315
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