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pooling of interest

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Noun1.pooling of interest - an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
accounting system, method of accounting, accounting - a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts


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Some analysts, including Bobby Reagan of Reagan & Associates, doubt whether the looming end of the pooling of interest is sparking acquisitions.
The transaction is being accounted for as a tax-free pooling of interests.
FASB unanimously voted that day to eliminate pooling of interests as an acceptable method of accounting for business combinations.
 
 
 
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