Asset acquisition accounting

We wrap up our miniseries exploring accounting for property, plant, and equipment with a discussion of asset acquisitions. In this episode Host Heather Horn is joined by PwC National Office partners Matt Sabatini and Alexander Martin who team up to share their knowledge and insights on this topic.

In this episode, you’ll hear:

• 04:41 – A discussion of how to determine whether a transaction is an asset acquisition or a business combination
• 24:26 – An explanation of the asset acquisition accounting framework
• 32:58 – The complexities of contingent consideration arrangements
• 39:32 – How transaction costs impact initial measurement
• 42:09 – Noncontrolling interests
• 47:36 – Considerations when identifying the assets acquired
• 50:15 – How to allocate cost to assets acquired

For more information, read chapter 2 (https://viewpoint.pwc.com/dt/us/en/pw...) of our Property, plant, equipment and other assets (https://viewpoint.pwc.com/dt/us/en/pw...) guide. Additionally, follow this podcast on your favorite podcast app for more episodes.

Matt Sabatini (  / matthew-sabatini-pwc  ) is a partner in PwC's National Office who helps clients and engagement teams navigate the accounting and financial reporting for complex transactions. He specializes in the accounting for M&A, corporate reorganizations, recapitalizations, joint ventures, and other investments.

Alexander Martin (  / alexander-j-martin-cpa  ) is a partner in PwC's National Office with over a decade of deals experience, helping clients solve complex accounting, financial reporting, and other business issues that arise from transaction-driven events such as mergers and acquisitions, divestitures, and capital raises.

Heather Horn (  / heather-horn  ) is the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] (mailto:[email protected]) .