BHP Billiton’s Acquisition: An Accounting Essay On Fayetteville Oil And Gas Shale.

Acquisition mechanism and accounting treatmentThe discussion deals with the acquisition of the Fayetteville oil and gas Shale by BHP Billiton. The company acquisition refers to a situation that took place when the Australian company of BHP Billiton purchases most or all of another company that is Fayetteville oil and gas Shale shares for taking control. This has taken place due to impairment of non-financial asset and inappropriate t…