Project Update

Improving the Accounting for Asset Acquisitions and Business Combinations
(Phase 3 of the Definition of a Business Project)

Last updated on August 4, 2021. Please refer to the Current Technical Plan for information about the expected release dates of exposure documents and final standards.

(Sections updated on the date above are indicated with an asterisk *)


The staff has prepared this summary for information purposes only. Any Board decisions are tentative and do not change current accounting. Official positions of the FASB are determined only after extensive due process and deliberations.