Accounting for Mergers & Acquisitions - A Guide for Accountants

Introduction

This webinar summarises all the additional specific audit and accounting implications of business combinations be they mergers, acquisitions or reconstructions.

The remaining key differences between the UKGAAP requirements (FRS 102) and when reporting under IFRS will also be covered.

What You Will Learn

This webinar will cover the following:

• What makes a ‘group’
• Current definitions of parent, subsidiary, associate and joint venture status
• The treatment of special purpose entities
• The requirements to prepare consolidated accounts, exemptions and the basic technique
• Acquisition accounting
• Valuing the cost of investments - including issues around deferred and contingent consideration
• Valuing the separable assets acquired and goodwill
• Subsequent measurement, amortisation and impairment provisions
• Inter-group transactions
• Transfers of assets and services and transfer pricing payments
• Impact of the above on distributable profits and impairment testing
• Accounting for reorganisations and the use of ‘merger’ accounting
• Investments in foreign subsidiaries
• Treatment of foreign exchange gains and losses and the hedging concessions

This webinar was recorded on 23rd April 2021