Look to the Future with a QOE Report
Are you thinking about merging with or acquiring a business? CPA-prepared financial statements can provide valuable insight into historical financial results. But an independent quality of earnings (QOE) report can be another valuable tool in the due diligence process. It looks beyond the quantitative information provided by the seller’s financial statements. These reports can help […]
2021 Shapes Up to Be a Record Year for M&As
Accounting for Business Combinations
If your company is planning to merge with or buy another business, your attention is probably on conducting due diligence and negotiating deal terms. But you also should address the post-closing financial reporting requirements for the transaction. If not, it may lead to disappointing financial results, restatements and potential lawsuits after the dust settles. Here’s […]
Podcast on the Impact of COVID-19 on M&A Features Tad Render
A new podcast has launched featuring Tad Render, Miller Cooper Principal and Head of the firm’s Transaction Advisory Group. In the podcast Tad discusses COVID-19 Valuations and the Effect of PPP Loans on M&A Transactions with Domenic Rinaldi of Sun Acquisitions. About the Podcast As we navigate this uncertain business environment created by COVID-19, both […]
Why Now Might Be a Good Time to Buy a Business
EBITDAC – A New Financial Metric?
By Tad N. Render, CPA, Principal The COVID-19 virus has had a profound effect on the world economy. One important consideration of the pandemic is its impact on a company’s enterprise value. As a result of the coronavirus pandemic, a new financial metric for measuring profitability has been created – EBITDAC (Earnings Before Interest, Taxes, Depreciation, […]
M&As: Looking Back at 2019, Looking Forward to 2020
Close-Up on Push-Down Accounting for M&As
Change-in-control events — like merger and acquisition (M&A) transactions — don’t happen every day. If you’re currently in the market to merge with or buy a business, you might not be aware of updated financial reporting guidance that took effect in November 2014. The changes provide greater flexibility to post-M&A accounting. Pushdown accounting is optional […]
How to Make your Business Even More Valuable
Measuring Fair Value for Financial Reporting
Business assets are generally reported at the lower of cost or market value. Under this accounting principle, certain assets are reported at fair value, such as asset retirement obligations and derivatives. Fair value also comes into play in M&A transactions. That is, if one company acquires another, the buyer must allocate the purchase price of […]
