By means of the consolidated financial statements companies inform shareholders and debt holders about their development, current situation and outlook. As part of this financial reporting, the company also has to inform about impacts of an acquisition or divestment during the reporting period. Under international accounting standards, this is regulated by the standard IFRS 3.
Depending on the type of financing of the transaction, typically in a capital market environment, further reporting standards to provide financial information may apply for both the buyer and the seller. E.g. this may refer to providing pro-forma financial information or carve-out financial statements.
Besides, for the purpose of first-time consolidation and as closing condition per SPA, closing accounts for the acquired company as of the transaction date typically need to be prepared.
Auren provides assistance for particular financial information as part of a company transaction, such as:
To learn more about our transaction accounting services, feel free to contact one of our consultants:
Thilo KrohnCertified Public Auditor (Germany) Certified Tax Advisor (Germany)+49 711 997868-40thilo.krohn@str-auren.de
Lothar SchulzCertified Public Auditor (Germany) Certified Tax Advisor (Germany)+49 711 997868-13lothar.schulz@str-auren.de
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