> US GAAP accounting for business combinations under ASC 805 (Business Combinations) and the related goodwill guidance in ASC 350 (Intangibles — Goodwill and Other). Covers the acquisition method — identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, liabilities assumed and any non-controlling interest at fair value, and recognize goodwill or a bargain purchase gain — plus consideration transferred and contingent consideration, acquisition-related costs, the measurement period, step acquisitions, recognition exceptions, the definition of a business, in-process R&D, and subsequent goodwill impairment under ASC 350-20. Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the US GAAP edition of the business-combinations topic; see ifrs3-business-combinations for the IFRS edition. MUST load alongside financial-reporting-workflow-base.
Install with
Claude CodeCodexCursorGitHub CopilotGemini CLI
Supported by the Atlas install prompt. Skill-specific requirements vary.
Skill stats
Skills1CategoryGeneralStars0
About this skill
> US GAAP accounting for business combinations under ASC 805 (Business Combinations) and the related goodwill guidance in ASC 350 (Intangibles — Goodwill and Other). Covers the acquisition method — identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, liabilities assumed and any non-controlling interest at fair value, and recognize goodwill or a bargain purchase gain — plus consideration transferred and contingent consideration, acquisition-related costs, the measurement period, step acquisitions, recognition exceptions, the definition of a business, in-process R&D, and subsequent goodwill impairment under ASC 350-20. Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the US GAAP edition of the business-combinations topic; see ifrs3-business-combinations for the IFRS edition. MUST load alongside financial-reporting-workflow-base.
Quick start
Copy the install prompt. Use the green button above this README.
Send it to your agent. Paste it into your coding agent’s chat and send.
Review the setup. Your agent checks the skill’s instructions, requirements, and installation scope.
> US GAAP accounting for business combinations under ASC 805 (Business Combinations) and the related goodwill guidance in ASC 350 (Intangibles — Goodwill and Other). Covers the acquisition method — identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, liabilities assumed and any non-controlling interest at fair value, and recognize goodwill or a bargain purchase gain — plus consideration transferred and contingent consideration, acquisition-related costs, the measurement period, step acquisitions, recognition exceptions, the definition of a business, in-process R&D, and subsequent goodwill impairment under ASC 350-20. Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the US GAAP edition of the business-combinations topic; see ifrs3-business-combinations for the IFRS edition. MUST load alongside financial-reporting-workflow-base.
About this listing
Category
General
Reported license
AGPL-3.0
Listing language (estimated)
English
Review status
Not individually reviewed
Agent compatibility
Atlas installation supports Claude Code, Codex, and Cursor. Skill-specific dependencies and features are checked during setup.
Claude Code
Codex
Cursor
GitHub Copilot
Gemini CLI