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 […]

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, […]

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 […]

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 […]

The Ten Commandments of Selling Your Business

Tad Render and Domenic Rinaldi The sale of your business is often a significant life event. The tips below will help you through the process and maximize the value of your business. 1. Thou Shall Understand Goals and Objectives  Ask yourself what you are trying to achieve by selling your business. Is it financial security? […]