This case examines the accounting for Microsoft's $27 billion acquisition of LinkedIn in 2016. At that date, LinkedIn's shareholder equity was about $5 billion. The case illustrates how, under GAAP, recorded assets are substantially revalued at the date of acquisition. It also illustrates two...

In 2009 and 2010, the Financial Accounting Standards Board (FASB) adopted new accounting standards for nonprofit mergers and acquisitions. The new accounting standards are an example of the constitutive role accounting can play in how people think about economic events, since the FASB defined a...

"Bringing together a diverse team of renowned accounting scholars, this incisive Research Handbook presents a comprehensive evaluation of current research on nonprofit accounting, noting its major accomplishments and outlining opportunities for future study. The Research Handbook provides a...