The other day, a PhD student here at Texas asked me for an advanced accounting book that had deferred tax coverage in it. She’s a tax person and was wanting to re-fuel her knowledge of this area before she started her summer paper. I laughed and said good luck on that one! I just started teaching M&A stuff a couple of years ago (a very short 5 week coverage of the topic to MBA’s) and recalled my inability to find anybody who’d talk about this important topic. Oh yeah, same on the SCF and M&A. What do we teach to our students??? Forty ways to do purchase discount accounting when the acquirer has 30% interest and goes to 70%? Anybody else share my frustrations?

Oh, so I gave the PhD students my notes on the topic (because I had to generate these on my own years ago, with the help of my colleague, Connie Weaver).