FVC2237. Business Combination Guide

The presenters will discuss recent release for comments of draft AICPA Accounting and Valuation Guide, Business Combinations. The presenters will also discuss common mistakes observed in practice in valuations performed for business combinations purposes, how to identify and rectify them. Examples of issues to be covered are as follows:

• CACs for wasting assets and associated PFI adjustments
• Intangible asset returns on the WARA
• Taxable and nontaxable adjustments to the WARA
• Assessment of the implied capital structure in the WARA
• Inventory adjustments to intangible assets
• Use of financial overlay to identify and fix inconsistencies

Learning Objectives:

• Analyze the topics covered in the exposure draft of the Business Combinations guide.
• Identify some of the key areas of diversity-in-practice that the guide is attempting to address