Mind The GAAP6: Combinations

The economics of mergers & acquisitions is about to change. Whether it's the acquisition of a company or the acquisition of assets, there will now be one accounting treatment that will apply. Get ready for a fair value goodwill, the recognition of intangibles and charging transaction costs to the P&L! Will the new Indian accounting standard on combinations make corporate M&A more expensive? To find out, Menaka Doshi of CNBC-TV18 is joined by Seshagiri Rao, Group CFO, JSW Group, P R Ramesh, Chairman, Deloitte and Dinesh Kanabar, Founder, Dhruva Advisors.