Change in terminology (para. BC14)

BC14 As defined in the revised standards, a business combination could occur in the absence of a purchase transaction. Accordingly, the boards decided to replace the term purchase method, which was previously used to describe the method of accounting for business combinations that the revised standards require, with the term acquisition method. To avoid confusion, this Basis for Conclusions uses that term throughout, including when it refers to IFRS 3 and SFAS 141 (and earlier exposure drafts or other documents), which used the term purchase method.