Oil & Gas Spotlight — M&A 101 — Understanding Merger and Acquisition Activity in the Current Environment
Issue 3, November 2013
This Oil & Gas Spotlight provides an update on M&A activity in the exploration and production sector of the O&G industry throughout 2013. In addition, it contains a high-level overview of the accounting for business acquisitions that (1) highlights certain nuances that distinguish a business from an asset, (2) discusses the steps in accounting for a business acquisition, and (3) emphasizes certain considerations related to purchase price allocation.
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