Investigate how the Aggregate Deemed Sales Price and Adjusted Grossed-Up Basis are determined
Discuss the conditions that make a 338(h)(10) transaction economically feasible
Identify the mechanism of an IRC 338(h)(10) transaction
Interpret the conditions that make a 338(g) transaction economically feasible
Identify the mechanism of an IRC 338(g) transaction
Calculate the accretion and dilution of future earnings resulting from business combinations
Explain how to estimate the impact of target's unrecognised intangible assets on goodwill and the combined company's future earnings
Calculate the acquisition purchase price and transaction goodwill
Explore how net operating loss limitations may impact the combined company's future cash flows
Identify a targets' net identifiable assets by adjusting for existing goodwill, long-term asset write-ups and write-downs, LIFO inventories, deferred tax items, and fees
Describe the fundamental concepts for accounting for business combinations using the purchase model
Summarise the impact of phantom goodwill or phantom depreciation
Investigate the tax considerations for equity method investments
Describe the equity method of consolidation
Once a company has merged or been acquired there are a number of key processes that can help ensure the deal is successful.
On this course you will explore some of these processes and learn how to apply accounting and federal income tax principles to project earnings and cash flows, specifically of the post-combination entity.
This course is ideal for financial analysts and associates. It is also suitable for directors and managers who have transitioned, or hope to transition, to mergers and acquisitions from other areas, such as equities or fixed income.
To get the most from this course you will need solid MS Excel skills and an understanding of financial accounting and of mergers and acquisitions concepts and structures.