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ACCOUNTING FOR AMALGAMATION (AS- 14)

GROUP MEMEBERS :

JASRAJ SINGH 48

DEVANSH SHAH 40
AKSHAY RAUNAK 36 URVASHI MANIAR 25 SANDEEP DASS 11 TANVI AGGARWAL - 4

DEFINITION

Combination of two or more firms, into either an entirely new firm or a subsidiary controlled by one of the constituent firms.

TYPES OF AMALGAMATIONS

AMALGAMATION IN THE NATURE OF MERGER


AMALGAMATION IN THE NATURE OF PURCHASE

ACCOUNTING METHODS

IN CASE OF MERGER POOLING INTEREST METHOD


IN CASE OF PURCHASE PURCHASE METHOD

DISCLOSURE

NAMES AND GENERAL NATURE OF BUSINESS OF AMALGAMATING COMPANIES


EFFECTIVE DATE OF AMALGAMATION METHOD OF ACCOUNTING USED

PARTICULAR SCHEME SANCTIONED UNDER A STATUTE

DISCLOSURE IN THE CASE OF POOLING INTEREST METHOD

DESCRIPTION AND NUMBE OF SHARES ISSUED


DIFFERENCE BETWEEN CONSIDERATION AND NET ASSETS ACQUIRED

DISCLOSURE IN THE CASE OF PURCHASE METHOD

CONSIDERATION FOR AMALGAMATION


DIFFERENCE BETWEEN CONSIDERATION AND NET ASSETS ACQUIRED AND TREATMENT THEREOF INCLUDING PERIOD OF AMORTIZATION OF GOODWILL