[whitesox94]

Doing some research for my Advanced Financial Reporting class focusing on business combinations, and was wondering if anyone here can help me out. Looking for the specific paragraph within the codification.

If, for example, Company A acquired all of the outstanding common stock of Company B, and on the acquisition date, the total FV of net identifiable assets acquired was greater than the consideration transferred for the shares, where in the codification would I find how the difference should be recognized in the financial statements? I know it is somewhere in the FASB ASC 805 but I am stuck. Any help would be appreciated thanks!