CCH Accounting for Business Combinations, Goodwill, and Other Intangible Assets, 2006

CCH Accounting for Business Combinations, Goodwill, and Other Intangible Assets offers practical guidance on accounting for business combinations, as well as intangible assets and goodwill under both U.S. and international accounting standards. It covers a broad range of transactions, including: acquisitions of businesses by acquiring assets or stock; acquisitions of minority interests; leveraged buyouts; reverse acquisitions; rollup transactions; and transfers and exchanges between companies under common control. This comprehensive resource draws on a variety of accounting literature to amplify the text of FASB Statements No. 141, Business Combinations, and No. 142, Goodwill and Other Intangible Assets, for U.S. standards, and International Financial Reporting Standard 3, Business Combinations, and International Accounting Standard 38, Intangible Assets, for international standards, as issued by the International Accounting Standards Board. It provides professionals with a practical reference resource by selectively combining information from the official text of these statements, along with information drawn from the rules and releases of the SEC, consensuses of the FASB’s Emerging Issues Task Force and the International Financial Reporting Committee, and lessons learned from leading accounting practioners.

Benjamin S. Neuhausen is the National Director of Accounting for BDO Seidman, LLP. He is an expert on financial reporting, with particular expertise in accounting for compensation arrangements (both executive compensation and qualified retirement plans), financial instruments, including derivatives, consolidation and equity method, leasing, insurance, real estate, motion pictures, oil and gas, and health care. At BDO, his responsibilities include: advising clients on financial reporting for complex or unusual transactions, assisting public companies respond to comments from the staff of the SEC, and representing BDO before accounting standard-setting organizations.

Prior to joining BDO, Mr. Neuhausen was a partner in the Professional Standards Group of Arthur Andersen LLP. From 1979 to 1981, he was a FASB Fellow.

Mr. Neuhausen has been a member of numerous professional committees, task forces, and working groups. He is currently chairman of the AICPA AcSEC, and a member of the Institute of Management Accountants Financial Reporting Committee, the FASB Interpretation 46 Implementation Group, and the FASB Liabilities and Equity Resource Group.

Mr. Neuhausen holds an MBA in Accounting from New York University and a BA in Economics from Michigan State University. He is a member of the AICPA, the Illinois CPA Society, and the Institute of Management Accountants.

Rosemary Schlank is a director in the National Assurance Department of BDO Seidman, LLP, where she provides consultation and support to the practice on matters involving professional standards. She has a wealth of experience in researching and interpreting a wide range of accounting and reporting trends and developments, and she has written extensively on these subjects.

Prior to joining BDO, Ms. Schlank was a self-employed provider of research, consulting, and communications services, specializing in accounting, reporting, and investor relations. Her prior experience includes 12 years as associate director, National Accounting, Auditing, and SEC Services, for Price Waterhouse and its successor firm, PricewaterhouseCoopers. She also provided research and consulting services on accounting and tax matters as the manager for the Economist Intelligence Unit.

Ms. Schlank holds an MBA from Pace University. She is a member of the NYS Society of CPAs, the AICPA, where she serves on the Virtual Grass Roots Advisory Panel, and the Institute of Management Accountants, where she served as founding director of the Controllers Council. She is a frequent contributor to Tax Notes magazine, databases, and newswires.

Accounting Research Manager (ARM) Group has a staff of content, publishing, and technology experts dedicated to updating and maintaining ARM. The content experts include three individuals who have over 75 years of aggregate experience as CPAs and financial reporting professionals. These individuals were previously part of Arthur Andersen's national office, the Professional Standards Group (PSG). The PSG was responsible for maintaining and updating ARM prior to the acquisition of ARM by Aspen Publishers and CCH Tax and Accounting Group. These content experts include: Ronald Pippin, Managing Director, Accounting Content; Teresa Dimattia, Managing Director, Accounting Content; and Liza Prossnitz, Managing Director, SEC Content.