Difference between revisions of "Asset Valuations Resulting from Business Combinations"
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Revision as of 10:19, 26 September 2013
Contents |
Asset valuations resulting from business combinations[1]
Allowable or Unallowable?
Overall, allowable, but see FAR Summary below.
FAR Summary
(a) For tangible capital assets, when the purchase method of accounting for a business combination is used, whether or not the contract or subcontract is subject to CAS, the allowable depreciation and cost of money shall be based on the capitalized asset values measured and assigned in accordance with 48 CFR 9904.404-50(d), if allocable, reasonable, and not otherwise unallowable.
(b) For intangible capital assets, when the purchase method of accounting for a business combination is used, allowable amortization and cost of money shall be limited to the total of the amounts that would have been allowed had the combination not taken place.
References and Notes
- ↑ FAR 31.205-52
