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    • a.

      No consideration is transferred. [FAS 164, paragraph 53, sequence

      • 53.1

        ]

    • b.

      There is no noncontrolling interest in an acquiree. [FAS 164, paragraph 53, sequence 53.2]

    • c.

      The acquisition was not achieved in stages. [FAS 164, paragraph 53, sequence 53.3]

  • >

    A Contribution Received in an Acquisition

958-805-30-8 An {Glossary link} inherent contribution {Glossary link} recognized in accordance with paragraph 958-805-25-31 shall be measured as the excess of the amount in paragraph 958-805-30-6b over the amount in paragraph 958-805-30-6(a). [FAS 164, paragraph 54, sequence 54.1]

958-805-30-9 The inherent contribution received will be measured as the excess of assets acquired over liabilities assumed if the acquisition meets all of the following criteria: [FAS 164, paragraph 55, sequence 55.1.4]

  • a.

    That acquisition is effected without the transfer of consideration. [FAS 164, paragraph 55, sequence 55.1.1]

  • b.

    There is no noncontrolling interest in an acquiree. [FAS 164, paragraph 55, sequence 55.1.2]

  • c.

    The acquisition was not achieved in stages. [FAS 164, paragraph 55, sequence 55.1.3]

Example 6 (see paragraphs 958-805-55-62 through 55-67) illustrates an inherent contribution.

  • >

    Consideration Transferred, Including Contingent Consideration

958-805-30-10 The consideration transferred in an acquisition by an NFP shall be measured at fair value, which shall be calculated as the sum of the acquisition-date fair values of the assets transferred by the acquirer and the liabilities incurred by the acquirer. [FAS 164, paragraph 56, sequence 56.1]

958-805-30-11 If the consideration transferred includes assets or liabilities of the NFP acquirer that have carrying amounts that differ from their fair values at the acquisition date, as discussed in paragraph 958-805-25-34, the NFP acquirer shall remeasure the transferred assets or liabilities to their fair values as of the acquisition date. [FAS 141(R), paragraph 40, sequence 107]

958-805-30-12 An NFP acquirer that retains control over the transferred assets as described in paragraphs 958-805-25-33 through 25-34 shall measure those assets and liabilities at their carrying amounts immediately before the acquisition date. [FAS 164, paragraph 57, sequence 57.1.2]

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