The deal closes soon: the terms have been negotiated and funding has been set up. Operationally the next steps are covered. Now you may find yourself asking “How does this purchase agreement translate into the financial statements?” That’s where we come in. We’ve prepared countless acquisition accounting memos for our clients which lays out in plain English the necessary guidance, and journal entries to record, in order to correctly account for your transaction. We also work directly with your external valuation team to provide assistance with the purchase price allocation procedures.