The staff of the SEC has issued Staff Accounting Bulletin (SAB) No. 112, to bring its existing guidance into conformity with FASB Statements No. 141 (revised 2007), Business Combinations, and No. 160, Noncontrolling Interests in Consolidated Financial Statements.
Most of the SAB revisions were made to the guidance in Topic 2, Business Combinations, and Topic 5, Miscellaneous Accounting.
View SAB 112 in full here |
