"Push-Down Accounting and Bargain Acquisitions" Please respond to the following:
The accounting profession has engendered much debate on the pros and cons of push- down accounting. Create an argument that push-down accounting provides the most relevant information to financial statement users. Provide support for your argument.
From the e-Activity, take a position for or against the FASB position on accounting for bargain acquisition, indicating the likelihood of bargain acquisition occurring in today's economy.