Course: Mergers and Acquisitions
Author: Steven Bragg

Course ID: AACSBMA
CPE Hours: 20
Format: PDF

Price: $170.00 

Course Description:
The process of locating, acquiring, and integrating another company is fraught with difficulties, resulting in many failed acquisitions. Similarly, the seller of a business may not know how to market it properly, or determine if a fair price is being offered. In Mergers & Acquisitions, we present a complete view of the acquisition process from the perspectives of the buyer and the seller.
This course describes all of the steps in the acquisition process, with an emphasis on strategy, valuation, due diligence, integration, and acquisition accounting.

.

Delivery: Internet/Interactive

NASBA Category: Accounting

Learning Objectives:

• Discuss the types of acquisition strategies that companies engage in.
• Discuss the acquisition process flow as it is conducted by the acquirer and the seller.
• Explain the conditions under which the government must be notified in advance of an acquisition for anti-competitive analysis, and the nature of that analysis.
• Describe the reasons for selling a business and the steps needed to put the business in proper condition for sale.
• Explain the mechanics of data rooms and why they are used.
• Explain the different types of acquisition valuation methods.
• Discuss the techniques available for acquiring a target business with a hostile takeover, and the defenses that may be raised against it.
• Discuss the areas in which due diligence should be conducted on a target company, and the specific tasks to be completed.
•  Explain the advantages and disadvantages of paying for an acquisition with stock, debt, or cash.
• Discuss the legal structures used in an acquisition, and why they are used.
• Explain the contents and uses of the letter of intent, term sheet, purchase agreement, and closing memorandum.
• Describe the steps required to integrate an acquired business into the operations of an acquirer.
• Discuss the accounting required for an acquisition under both Generally Accepted Accounting Principles and International Financial Reporting Standards.
• Explain the responsibilities of the various acquisition specialists.
• Describe the merits and shortfalls of reverse mergers, and how a reverse merger transaction works.

Level:Overview

Overview-This program is appropriate for professionals at all organizational levels

Prerequisites:None

Updated/Revised: December 2011