The deal closes soon. The terms have been negotiated and funding has been set up. Operationally, the next steps are covered. Now you find yourself asking “How does this purchase agreement translate into financial statements?” That’s where we come in.
Centri’s team of technical experts assists clients in numerous industries by accounting for a wide array of transactions, including asset acquisitions, reverse mergers, carve-outs and business combinations. We’ve prepared countless acquisition accounting memos for our clients, in accordance with ASC 805. These memos clearly lay out the necessary steps to take and records to keep to account for your transaction. We also work with our in-house valuation experts to aid with the purchase price allocation procedures and provide insight into how each transaction should be disclosed in your financial statements.
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