Several large Canadian public companies announced their intention to merge and use the "pooling of interests" method rather than the traditional "purchase method". The association was rarely used for accounting for business combinations in Canada. The case focuses on the analyst, who wanted her to understand the differential impact of both methods so that it can better represent their clients. She decided to use the analysis of the recent merger of TransCanada Pipelines and NOVA Corporation to help it better understand and evaluate the two alternative methods of accounting and their impact on the financial statements. "Hide
by Claude P. Lanfranconi, Jacques Murphy Source: Richard Ivey School of Business Foundation 18 pages. Publication Date: April 6, 1999. Prod. #: 999B13-PDF-ENG
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