Us Gaap Asc805 Business Combinations
> US GAAP accounting for business combinations under ASC 805 (Business Combinations) and the related goodwill guidance in ASC 350 (Intangibles — Goodwill and Other). Covers the acquisition method — identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, liabilities assumed and any non-controlling interest at fair value, and recognize goodwill or a bargain purchase gain — plus consideration transferred and contingent consideration, acquisition-related costs, the measurement period, step acquisitions, recognition exceptions, the definition of a business, in-process R&D, and subsequent goodwill impairment under ASC 350-20. Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the US GAAP edition of the business-combinations topic; see ifrs3-business-combinations for the IFRS edition. MUST load alongside financial-reporting-workflow-base.
Security AStatic scan found no risk patternsHow grading works ›
What this skill does
Us Gaap Asc805 Business Combinations is a community-contributed Claude Code skill in the automation sub-category. It ships as a SKILL.md file that Claude Code auto-discovers under ~/.claude/skills/us-gaap-asc805-business-combinations/ and loads when your prompt matches the skill's trigger.
Who uses this skill
The Us Gaap Asc805 Business Combinations Claude Code skill is built for Claude Code users and developers across all disciplines looking for general-purpose AI assistance. It's part of ClaudSkills (also referred to as Claude Skills or Claude Code Skills) — the open community-curated registry of 174,000+ SKILL.md files for Anthropic's Claude Code agent and the wider Claude ecosystem (Claude API, Claude Agent SDK).
How to install
Free
Manual install (2 steps)
mkdir -p ~/.claude/skills/us-gaap-asc805-business-combinations
curl -L https://claudskills.com/skills/us-gaap-asc805-business-combinations/SKILL.md \
-o ~/.claude/skills/us-gaap-asc805-business-combinations/SKILL.md
Or just download SKILL.md directly and drop it into ~/.claude/skills/us-gaap-asc805-business-combinations/. Claude Code auto-discovers it on next session.
Skills live at ~/.claude/skills/us-gaap-asc805-business-combinations/SKILL.md on macOS/Linux, or %USERPROFILE%\.claude\skills\us-gaap-asc805-business-combinations\SKILL.md on Windows. See the full install guide for step-by-step instructions.
Telegram
📱 Install from your phone or desktop Telegram
Open @claudskills_bot on Telegram, tap Open Desktop App, and the desktop app installs this skill for you. Or share the bot link with a colleague — they get the same one-tap install. Learn more →
Pro
One-click install via the desktop app
The ClaudSkills desktop app installs any skill directly into ~/.claude/skills/ with one click — no terminal required. Pro starts at $9/mo or $149 lifetime.
Pro
For the full experience including quality scoring and one-click install features for each skill — upgrade to Pro.
Frequently asked questions
How do I install the Us Gaap Asc805 Business Combinations Claude Code skill?
Install via the ClaudSkills desktop app (one click) or copy
SKILL.md from the source repository to
~/.claude/skills/us-gaap-asc805-business-combinations/SKILL.md and restart Claude Code. Both flows are detailed at
claudskills.com/install/.
What does the Us Gaap Asc805 Business Combinations skill do?
> US GAAP accounting for business combinations under ASC 805 (Business Combinations) and the related goodwill guidance in ASC 350 (Intangibles — Goodwill and Other). Covers the acquisition method — identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, liabilities assumed and any non-controlling interest at fair value, and recognize goodwill or a bargain purchase gain — plus consideration transferred and contingent consideration, acquisition-related costs, the measurement period, step acquisitions, recognition exceptions, the definition of a business, in-process R&D, and subsequent goodwill impairment under ASC 350-20. Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the US GAAP edition of the business-combinations topic; see ifrs3-business-combinations for the IFRS edition. MUST load alongside financial-reporting-workflow-base.
Is this skill free to install?
Yes. ClaudSkills is an open registry — every skill keeps its source repository's license, and manual install via copy is free. ClaudSkills Pro ($9/mo, $79/yr, or $149 one-time) adds one-click install via the desktop app and a multi-signal Quality Score.
When should I use the Us Gaap Asc805 Business Combinations skill?
Use Us Gaap Asc805 Business Combinations when your Claude Code task falls under the General category — specifically in the automation area. Claude Code auto-discovers installed skills and invokes the right one based on the task description, so you can also ask Claude directly (e.g. "use Us Gaap Asc805 Business Combinations" or describe the task and let Claude pick). Browse related skills at
/category/general/.
What is a Claude Code skill and how does the Us Gaap Asc805 Business Combinations skill fit in?
A Claude Code skill is a
SKILL.md file that lives under
~/.claude/skills/<name>/ and tells the Claude Code CLI agent how to perform a specific task (instructions, prompts, allowed tools). Skills are auto-discovered at session start. Us Gaap Asc805 Business Combinations is one of 67,000+ skills indexed in the open ClaudSkills catalog, classified under the General category. Learn more at
/learn/what-is-a-claude-skill/.
Attribution & license
Cite this skill
If you reference this skill in a blog post, paper, or documentation, you can cite it as:
APA
openaccountants. (2026). Us Gaap Asc805 Business Combinations [Claude Code skill]. ClaudSkills. https://claudskills.com/skills/us-gaap-asc805-business-combinations/
BibTeX
@misc{us-gaap-asc805-business-combinations-2026,
author = {openaccountants},
title = {Us Gaap Asc805 Business Combinations [Claude Code skill]},
year = {2026},
publisher = {ClaudSkills},
url = {https://claudskills.com/skills/us-gaap-asc805-business-combinations/}
}Embed this skill
Promote, attribute, or link this skill from your own README, blog post, or documentation. All three snippets are free to use — no sign-up, no API key. More distribution surfaces →
Badge
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Security scan
Grade A · scanned 2026-08-02 — free static scan against the OWASP Agentic Skills Top 10.
No risk patterns were found in any of the ten OWASP-aligned categories. How grading works ›
- ✓ Prompt injection
- ✓ Data exfiltration
- ✓ Supply chain
- ✓ Reverse shell
- ✓ Credentials
- ✓ Execution
- ✓ Filesystem
- ✓ Persistence
- ✓ Obfuscation
- ✓ Network
Show this grade on your repo (click to copy):
[](https://claudskills.com/skills/us-gaap-asc805-business-combinations/#security)
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