U.S. GAAP Codification of Accounting Standards

ASU 2010-07 was issued in January 2010
--> Not-for-profit entities: mergers and acquisitions
--> ASU 2010-07 reflects SFAS 164

SFAS 164: Not-for-profit entities: mergers and acquisitions
 
958: Not-for-profit entities
958-805: Business combinations

--> 958-10-05-2 was amended
--> subtopic 958-805 was added
 

Effective date of ASU 2010-07
For the mergers with merger date
--> for initial reporting period
--> beginning on or after December 15, 2009

For the acusitions with acquisition date
--> for first annual reporting period
--> beginning on or after December 15, 2009