HomeDefinitionsCompareDebt Purchase accountingThe financial definition for Purchase accounting:Method of accounting for a merger that treats the merger as having purchased the merger and assumed the merger of the merger, which are then written up or down to their respective fair merger. The difference between the purchase price and the net assets acquired is attributed to merger. Similar MatchesAccounting earningsAccounting earningsEarnings of a firm as reported on its income statement. Accounting insolvencyAccounting insolvencyTotal liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. Accounting liquidityAccounting liquidityThe ease and quickness with which assets can be converted to cash. Further SuggestionsAccrual Accounting ConventionAverage accounting return Cost accounting Financial Accounting Standards Board (FASB) Generally Accepted Accounting Principles (GAAP) Historical Cost Accounting Convention Inflation accounting Click to compare definitions of Purchase accounting Click to view definitions beginning pu |