Global Standards for the world economy

Tuesday 17 September 2019

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Business Combinations

Exposure Draft [June 2005]

Exposure Draft and Comment Letters

The proposals include a draft standard that the boards have developed in their first major joint project. The objective of the project is to develop a single high quality standard for accounting for business combinations that could be used for both domestic and cross-border financial reporting.

The proposed standard would replace the existing requirements of the IASB�s IFRS 3 Business Combinations and the FASB�s Statement 141 Business Combinations.

Comment Letters


Comments were due by 28 October 2005, the comment period is now closed.

View the comment letters on the FASB website.