Sentence examples for purchase account from inspiring English sources

You can contribute as much as 15 percent of your earnings into a Keogh (25 percent if the funds go into a longer-deferred money purchase account), and deduct it from taxable income.

But to many company executives and deal makers, purchase accounting in takeovers is overly simplistic.

"Companies that use purchase accounting see their stock price hammered," he says.

But the changes also include adjustments to the way the other merger accounting technique -- purchase accounting -- is applied.

Here's a thought: Maybe it is good that purchase accounting has put a brake on bank mergers.

This latest problem is related to improper purchase accounting, Ahold said in a news release, without elaborating.

The company attempted to purchase accounts as part of its investigation into the incident, said a spokesman, Barry Schnitt.

The report said: "Overall in June, the value of homeowner loans for house purchase accounted for 54% of gross lending, while remortgage activity accounted for 25%.

But opposition had softened since the board voted to change the other method of accounting for mergers, called purchase accounting, to make it less onerous.

FASB wants to replace this with "purchase" accounting, which forces companies to run the true cost of an acquisition through the accounts, dampening their apparent post-merger performance.

"It turns out," Sir Howard said, "what that is really about is purchase accounting for two years, until everybody opens the books and realized they have been had".