Accounting for Mergers & Acquisitions - A Guide for Corporate Lawyers

Introduction

This live broadcast session is designed to guide you through the intricacies of all the key financial issues that can arise when dealing with a business combination or restructuring involving acquisitions, disposals and perhaps the creation of new corporate entities.

Although most deal teams will usually include accountancy professionals who will take the lead on such issues, this session is designed to help you understand fully the accounting issues and be able to better communicate and co-operate with the financial professionals and your client.

What You Will Learn

This interactive live session will cover the following:

• What creates a ‘group’ - the accounting definitions of a parent, subsidiary, associate and joint ventures, including:
• Summary of the subsequent accounting impact of each
• Special purpose entities and what is meant and achieved by off balance sheet arrangements
• Valuing the price paid and how this is reported by the purchaser
• What is the fair value of the consideration
• Key issues with contingent, deferred payments and earn out agreements
• Valuing the assets acquired
• What are the separable assets and the issue around intangible assets and goodwill
• Valuation of assets and liabilities acquired and the impact post purchase - impairment expenses for example
• Pre and post acquisition profits
• Calculation of distributable profits and payment of dividends
• Presentation issues in group accounts
• Trading between group companies
• Transfers of assets and other resources - what is the issue with transfer pricing
• Treatment of inter-company loans and dividend payments
• Investments in overseas operations
• Accounting impact of foreign exchange gains and losses
• Hedge accounting - how it works and what are the benefits
• Latest issues

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.