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The AAO Weblog covers accounting issues and current events as they relate the practice of investment analysis. All posts prior to September, 2007 are in the public domain, but after September 4, 2007, only subscribers to The Analyst's Accounting Observer will see all posts going forward. Only selected, occasional posts will be released to the public domain from September 4 forward.

Biz Com Accounting: The Next Step
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Posted by: Jack Ciesielski 6/30/2005 6:18 AM
The FASB and the IASB have been considering upgrades to their respective standards on business combination accounting for several years; they've finally linked arms and come up with a joint proposal to get their two standards in synch while patching up the holes in them. And it will take two standards to complete the upgrade.

Press release here. Exposure draft here. And here.
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