The International Accounting Standards Board and the US Financial Accounting Standards Board (FASB) have released an exposure draft containing joint proposals to improve and align accounting for business combinations.(Brief article)

Financial Management (Chartered Institude of Management Accountants), September, 2005

The International Accounting Standards Board and the US Financial Accounting Standards Board (FASB) have released an exposure draft containing joint proposals to improve and align accounting for business combinations. Their planned standard would replace both IFRS3 and the FASB's statement 141.

For more on this item, visit: www.accountingweb.co.uk/r/iasb.html.

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