Amendments to accounting rule 19, business combinations in Royal Decree 1159/2010, of 17 september (II)

Abstract

In the Royal Decree 1159/2010 of 17 September lays down the standards on Consolidated Financial Statements. The main method in these standards is the acquisition method, included in rule 19 of the Spanish Accounting Standards.

The royal decree also amends rule 19 in order to align it with IFRS 3, Business Combinations. The European Union adopted IFRS 3 in June 2009.

In this second part of the work it is analyzed: provisional accounting, business combinations for stages and separated transactions.