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Subject Topic: Pooling of Interests (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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CanadianCPA
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Posted: 04 Jul 2010 at 19:42 | IP Logged  

Anyone feel knowing pooling of interests is important for the exam?

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torontoacc
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Posted: 04 Jul 2010 at 20:26 | IP Logged  

pooling of interest is no more us gaap..some of the
companies who followed this method are still allowed to
present statements as per pooling method.

The only method which gaap permits is the purchase method
now!

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soontobecpa
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Posted: 05 Jul 2010 at 12:09 | IP Logged  

You can safely skip it.Goodluck!

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amu7
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Posted: 14 Jul 2010 at 07:40 | IP Logged  

torontoacc wrote:
pooling of interest is no more us gaap..some of the
companies who followed this method are still allowed to
present statements as per pooling method.

The only method which gaap permits is the purchase method
now!


It's the acquisition method now for exams post July 2009. Isn't it?
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torontoacc
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Posted: 14 Jul 2010 at 19:13 | IP Logged  

yes

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BEC July 6, 09 - 80
AUD Oct 5, 09 - 70, Feb 23, 2010 - 85
FAR Aug 2 2010 - 90
REG Aug 31 2010 - 81

California State
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