In not-for-profit accounting, an acquisition occurs when one not-for-profit organization obtains:

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In not-for-profit accounting, an acquisition occurs when one not-for-profit organization gains control over another not-for-profit organization. This control may be through the acquisition of assets, assumption of liabilities, or other methods that give the acquiring organization control over the other organization. This differs from significant influence or indirect ability to direct policies, which do not meet the criteria for an acquisition.

In Not-For-Profit Accounting, an Acquisition Occurs When One Not-For-Profit Organization