ACCOUNTING TREATMENT OF SEPARATE TRANSACTIONS IN BUSINESS COMBINATIONS HARMONIZING PROCESS OF INTERNATIONAL (IFRS) AND AMERICAN ( FAS ) ACCOUNTING REGULATIONS

Abstract

The changes introduced in the American FAS 141(R) (2007) and in IFRS 3 (R) ( 2008 ) , in order to harmonize the accounting aspects of the operations referring to the combination of businesses , have revealed the existence of certain transactions that are not part of the transaction itself combination and which are called separate transactions , whose delimitation of the business combination is dispersed in both standards, which is why it is sometimes not very clarifying. Thus, this work aims to facilitate the reader's understanding of its accounting treatment by addressing the problem of identifying the transactions that occur, and those that do not, as a consequence of the business combination , the treatment accounting of this dilemma and its effect on the recognition and valuation of goodwill (goodwill account).