Pwc's Cfodirect Podcast

Text us your thoughts on this episodeWe wrap up our miniseries exploring accounting for property, plant, and equipment with a discussion of asset acquisitions. In this episode Host Heather Horn is joined by PwC National Office partners Matt Sabatini and Alexander Martin who team up to share their knowledge and insights on this topic.In this episode, you’ll hear:04:41 – A discussion of how to determine whether a transaction is an asset acquisition or a business combination24:26 – An explanation of the asset acquisition accounting framework32:58 – The complexities of contingent consideration arrangements39:32 – How transaction costs impact initial measurement42:09 – Noncontrolling interests47:36 – Considerations when identifying the assets acquired50:15 – How to allocate cost to assets acquiredFor more information, read chapter 2 of our Property, plant, equipment and other assets guide. Additionally, follow this podcast on your favorite podcast app for more episodes. Matt Sabatini is a partner in PwC's Nat