Preface
We are pleased to present the 2025 edition of
Business Combinations. This Roadmap provides Deloitte’s insights into and
interpretations of the guidance in ASC 8051 on business combinations, pushdown accounting, common-control transactions,
joint ventures, and asset acquisitions as well as an overview of related SEC
reporting requirements. The Roadmap reflects guidance issued through May 30, 2025,
and includes pending content from recently issued ASUs such as ASU 2025-03. Appendix H highlights noteworthy new content
in the Roadmap as well as substantive revisions to previous content.
Be sure to check out On the
Radar (also available as a stand-alone
publication), which briefly summarizes
emerging issues and trends related to the accounting and
financial reporting topics addressed in the Roadmap.
The accounting frameworks for business
combinations, pushdown accounting, common-control transactions, and asset
acquisitions have been in place for many years. Nevertheless, new guidance and
updates are periodically issued, reflecting evolving views and interpretations of
these frameworks. As a result, entities must exercise significant judgment not only
in applying longstanding principles but also in integrating the latest guidance to
address current transaction scenarios.
While this Roadmap is intended to be a helpful
resource, it is not a substitute for consultation with professional advisers. We
hope that we will have the opportunity to serve you as you complete your business
combination transactions.
Footnotes
1
For a list of the titles of standards and other literature
referred to in this publication, see Appendix F. For a list of
abbreviations used in this publication, see Appendix G.