Deloitte FAS 141R-Acquisition Accounting

Measurement period revisited• Measurement period is the period after the acquisition date duringwhich the acquirer may adjust the provisional amounts recognized for abusiness combination to reflect new information obtained about factsand circumstances that existed as of the acquisition date• Measurement period ends as soon as the acquirer receives theinformation it was seeking or learns that more information is notobtainable (should not exceed one year from the acquisition date)• Acquirer revises comparative information for prior periods presented infinancial statements as needed• After the measurement period ends, the acquirer revises the accountingfor a business combination only to correct an errorCopyright © 2012 Deloitte Development LLC. All rights reserved.41