FRS 7: Fair values in acquisition accounting
Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 7 collated by ICAEW Library & Information Service.
The accounting standard FRS 7 set out principles relating to acquisition accounting. It was issued by the Accounting Standards Board in September 1994 and subsequently amended in December 2008.
This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015. Topics relating to fair values in acquisition accounting are covered by Section 9 and Section 19 of FRS 102 under new UK GAAP.
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There is no free consolidated version of FRS 7 available online.
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Unconsolidated standard and amendments as first issued
Financial Reporting Standard 7: Fair Values in Acquisition Accounting
This is the full text of the original standard as issued by the Accounting Standards Board in September 1994. It does not include the amendments made in December 2008 or amendments made by FRS 17, FRS 19 and FRS 25.
Fair Values in Acquisition Accounting
Summary published by the Financial Reporting Council.
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Articles and books in the Library collection
- View a list of articles and books in our collection on FRS 7 and fair value mergers and acquisitions accounting
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