A New Day for Business Combinations
After 25 years of work on business combination standards, FASB rolled out a major overhaul of GAAP related to mergers and acquisitions when it issued Statement no. 141(R), Business Combinations, in December 2007.
Miller, Paul B. W.; Bahnson, Paul R.; and McAllister, Brian P.. (2008). "A New Day for Business Combinations". Journal of Accountancy, 205(6), 34-39.