1190.1 Receipt of Net Assets or Shares from Entity Under Common Control

If a receipt of net assets or shares from an entity under common control that will be accounted for similar to a pooling-of-interests has been consummated by a repeat issuer after the latest balance sheet date, and post-combination operating results have not been published, the issuer should normally not reflect the transaction in its financial statements. However, the issuer may elect to provide, and may be required to provide in connection with registration or proxy statements, supplemental audited combined financial statements giving effect to the transaction. Unusual situations can be discussed with CF-OCA.

1190.2 Generally

See Topic 13 for guidance applicable to supplemental or restated financial statements as a result of post-balance sheet events.