Examlex
What is the flow of information that the central dogma refers to?
Acquisition of Net Assets
The process of obtaining ownership of another company's assets after subtracting its liabilities, often through purchase or merger.
Push-Down Accounting
A method of accounting used in the financial statements of a subsidiary when its parent company allocates a portion of the purchase price to the subsidiary’s assets and liabilities.
ASPE
Accounting Standards for Private Enterprises; a set of accounting principles in Canada designed for private companies, focusing on simplicity and cost-effectiveness in financial reporting.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.
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