Identify the accounting methods and standards employed (GAAP/ IFRS) concerning the acquisition and the consolidation of financial statements.
I want you to write a report about the story of Success of
Exxon Mobil company
This report should cover the followings:
1. Brief description of the acquisition. 1 page
2. The motivation and reasons for the merger and acquisition activities. 1/2 page/s
3. Evidence of success of the merger and acquisition of Exxonmobil company. 2 pages
4. Identify the accounting methods and standards employed (GAAP/ IFRS) concerning the acquisition and the consolidation of financial statements. 1 page
5. Analyze the accounting requirements for the business combination and discuss challenges in preparing the financial statements for the consolidation of subsidiaries on the date of acquisition. Also, evaluating the amount of goodwill or other intangible assets derived from the transaction. 2/3 pages
Please use only online sources !!
thank you