MERGER ACCOUNTING CHANGES MOVE FORWARD

NORWALK, Conn. -- The Financial Standards Accounting Board here has taken another step forward in its two-year-long effort to make the corporate reporting of mergers and acquisitions more transparent to investors.ss combinations in fourth-quarter 2003.According to a project summary prepared by FASB staff, the new standards are intended to largely end the widely used pooling method of accounting --

NORWALK, Conn. -- The Financial Standards Accounting Board here has taken another step forward in its two-year-long effort to make the corporate reporting of mergers and acquisitions more transparent to investors.

ss combinations in fourth-quarter 2003.

According to a project summary prepared by FASB staff, the new standards are intended to largely end the widely used pooling method of accounting -- in which the assets and liabilities of the combined companies are added toge

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