^{PDFprof.com Search Engine}

Bankruptcies liquidations and quasi-reorganizations

What is a bankruptcy and liquidation-basis accounting guide?
This guide focuses on bankruptcy and liquidation-basis accounting and financial reporting considerations. It supplements information provided by the authoritative accounting literature and other PwC guidance. This guide provides general and specific references to chapters in other PwC guides to assist users in finding other relevant information.
What is quasi reorganization accounting?
Quasi-reorganization accounting changes an entity’s financial statement presentation. Since quasi-reorganization accounting results in a new basis of accounting in the entity’s financial statements, it is as if the old reporting entity were terminated and a new one was created.
What is PWC's bankruptcy & liquidation-basis accounting guide?
The remaining text is PwC’s original content. This guide focuses on bankruptcy and liquidation-basis accounting and financial reporting considerations. It supplements information provided by the authoritative accounting literature and other PwC guidance.
What is reorganization value in bankruptcy accounting?
The reorganization value used in bankruptcy accounting is different from the business enterprise value (also referred to as “market value of invested capital” or “total invested capital”). A reporting entity’s enterprise value represents the fair value of its interest-bearing debt and its shareholders’ equity.

What is a bankruptcy and liquidation-basis accounting guide?