Please respond to the following: The accounting profession has engendered much debate on the pros and cons of push- down accounting. Create an argument that push-down accounting provides the most r

Please respond to the following:

The accounting profession has engendered much debate on the pros and cons of push- down accounting. Create an argument that push-down accounting provides the most relevant information to financial statement users. Provide support for your argument.

Take a position for or against the FASB position on accounting for bargain acquisition, indicating the likelihood of bargain acquisition occurring in today’s economy.

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