Draft Position on determining fair value for the purposes of accounting for business combinations using the acquisition method

1 September 2023

We are pleased to inform that the Polish Accounting Standards Committee has presented for public discussion a draft Position on determining the fair value for the purposes of accounting for business combinations using the acquisition method. The aim of the project is to clarify doubts and provide guidance on the application of the provisions of the Act of September 29, 1994, on accounting, in terms of determining the fair value of specific categories of assets and liabilities of the acquired entity for the purpose of accounting for business combinations using the acquisition method.

Comments and feedback are to be submitted directly to the Polish Accounting Standards Committee by September 15, 2023.
Comments and feedback can be submitted at www.gov.pl

If you have any further questions or require additional information, please contact your business relationship person or use the enquiry form on the HLB Poland website.

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