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AICPA publishes working draft of Business Combinations guide

On September 15, the AICPA’s Financial Reporting Executive Committee issued a working draft of the AICPA Accounting and Valuation Guide to Business Combinations. The guide is intended to provide guidance and illustrations to help address issues related to accounting for business combinations and the valuation of assets acquired and liabilities assumed. Comments on the draft are due by January 15, 2023.
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