Financial Definition of Purchase Accounting
Meaning of Purchase Accounting
Method of accounting for a merger in which the acquirer is treated as having purchased the assets and assumed liabilities of the acquiree, which are all written up or down to their respective fair market values, the difference between the purchase price and the net assets acquired being attributed to goodwill.
Related Entries of Purchase Accounting in the Encyclopedia of Law Project
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Purchase Accounting in Historical Law
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Legal Abbreviations and Acronyms
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Purchase Accounting in the Dictionary | Purchase Accounting in our legal dictionaries |
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Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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Related topics | Purchase Accounting in the World Encyclopedia of Law |
What is Purchase Accounting?
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