Common control transactions fall outside the scope of the guidance for business combinations (ASC 805) because there is no change in control over the assets held by the ultimate parent. These transactions are generally recorded at book value or historical cost of the ultimate parent entity. Except...
PwC_Codification_Quick_Reference_Guide
Excerpt from ASC Master Glossary business combination: A transaction or other event in which an acquirer obtains control of one or more businesses. 企业合并会计概述1.1概述:企业合并会计本章讨论企业的主要特征,并确定哪些交易需要应用企业合并会计。企业合并会计在ASC 805《企业合并》中被称为“收购法”。