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Q2 Provide examples from the real world for successful and unsuccessful mergers and acquisitions cases in recent years and state the specific reasons behind their

Q2

  1. Provide examples from the real world for successful and unsuccessful mergers and acquisitions cases in recent years and state the specific reasons behind their success or failure. (Do not provide general reasons behind success or failure & only one example should be provided for each case, any examples given dated before the year 2000 will not be considered).
  2. Explain in details ,the differences between the IFRS and GAAP (after FASB issued ASU 2017-04 to simplify the accounting for goodwill impairment) regarding the following:
  • Assignment/allocation of goodwill. (i.e. The levels at which goodwill is assigned /allocated)
  • Impairment of goodwill and test(s) applied (i.e. Methods of determining impairment of goodwill)
  • How impairment loss is recognized and allocated.(i.e. impairment loss[charge] calculation and allocation)

Answer this question in a tabular format, like the following one:

IFRS

GAAP

Assignment/allocation of goodwill

Impairment of goodwill

How impairment loss is recognized and allocated

(You must support your answer in this question with quality and up to date references.)

What are the differences between Merger, Consolidation, and Acquisitions? Support your answer with one recent example from the real world for each type. (Always give detailed information that would support you answer. Any examples given dated before the year 2000 will not be considered). (15 marks)

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