Understanding and Using Financial Data, Supplement: An Ernst & Young Guide for AttorneysJohn Wiley & Sons, 1997 - 80 pages Designed to walk attorneys through the myriad of items found in corporate annual reports, balance sheets and financial statements which is critical for litigation purposes and for client edification regarding the importance of deciphering financial language in legal documents. Features extensive material on where to find the information you need, how to compare it to the information provided by other companies in the same industry or geographic location, how to corroborate the data in the basic statements, and locating the primary internal documents upon which financial statements are based. This edition contains updated information on the financial reporting consequences of litigation, nonprofit organizations, business interruption insurance, and an appendix with U.S. GAAP pronouncements. |
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100 percent accounting for business acquired company acquiring corporation Additional Paid-in Capital amortized applied assets and liabilities bargained bination business combinations effected cash combination is consummated combination is initiated combining company common stock interests common stock issued common stockholder condition 47-b consolidation cost date the combination date the plan December 31 distributed effect the combination EITF Issues entity equity securities exchange of stock fair value financial statements Goliath income intangible assets interests accounting interests method interpreted by EITF Investment in David issuing corporation issuing stock joint venture less liabilities assumed Marketable Securities merger merger and acquisition method of accounting ness combination net realizable value number of shares October 31 outstanding voting common percent of David plan of combination pooling of interests purchase accounting purchase method Retained Earnings separate companies shares of stock shares of voting stock to effect subsidiary tion treasury stock values of amounts voting common stock