To give CPAs and other financial professionals a comprehensive overview of mergers and acquisitions. From distinguishing among the various types of M&A activity to complying with the relevant rules and regulations, this self-study webinar will walk you step by step through the M&A process. It will also delve into important legal, accounting, and tax considerations.
SPEAKERS:
Zachary Brecheisen, Partner, JonesDay
Mike Harmeson, Managing Director, BDO
Ganapathy Lakshmynarayan, Managing Director, Protiviti
Vishal Seth, Managing Director, Protiviti
Kevin Wharton, Managing Director, BDO
Bill Witt, Director, Accounting & Transaction Services, MorganFranklin
DETAILED LEARNING OBJECTIVES
• Understand the primary reasons companies engage in mergers and acquisitions, including expansion into new markets
• Identify the strategic goals of mergers and acquisitions, such as growth and diversification
• Identify the concept of vertical integration and its benefits in optimizing costs and controlling the supply chain in M&A
• Understand the motivations behind a company’s decision to sell, including succession issues Recognize the financial advantages for sellers in M&A, such as debt repayment
• Understand the importance of core team structure in the commercial due diligence process during M&A
• Understand the sustainability of growth and margins as part of financial due diligence in M&A Recognize the importance of assessing cash flow and liquidity during M&A due diligence
• Understand the role of Environmental, Social, and Governance (ESG) factors in legal due diligence for M&A
• Describe the role of Transition Services Agreements (TSAs) in providing post-merger support during integration
• Understand the importance of communication with stakeholders such as employees, customers, and vendors in post-M&A integration
• Identify the process of brand positioning and rebranding in post-M&A scenarios Understand the legal and geopolitical risks involved in cross-border M&A transactions
• Identify the role of CFIUS (Committee on Foreign Investment in the United States) in regulating foreign investments in M&A
• Understand how goodwill is calculated and its significance in M&A transactions
• Understand the differences between asset acquisitions and business combinations, including the creation of goodwill
• Understand how intellectual property is valued during mergers and acquisitions
• Identify the role of advanced financial modeling in forecasting future revenues and scenarios in M&A transactions
• Understand the purpose of sensitivity analysis in evaluating the impact of variable changes in M&A financial models
• Understand the tax implications of M&A transactions, specifically the allocation of purchase price for tax purposes
• Recognize the importance of post-M&A tax compliance and reporting for the acquired entity Identify the importance of cultural integration in ensuring the success of M&A transactions
• Understand the key negotiation dynamics between buyers and sellers in M&A transactions, focusing on valuation expectations
• Identify how earnout agreements work in M&A
• Identify the bottom-up financial model used to project revenue and expenses during M&A transactions
• Understand the importance of scenario planning and analyzing best-case and worst-case outcomes in M&A
• Identify how contingent consideration is recognized and treated during M&A transactions
• Understand how vertical integration in M&A helps gain control over supply chains and optimize costs
• Identify ways in which companies achieve competitive advantage through M&A, such as acquiring new technology and skills
• Understand the importance of developing a new organizational structure as part of a post-M&A target operating model
• Recognize the benefits of focusing on core business operations post-M&A to improve operational efficiency
• Understand how political uncertainty affects deal flow and decision-making in cross-border M&A
• Identify the characteristics and significance of mega-deals in M&A, particularly deals valued over $10 billion
• Understand the financial risks involved in distressed M&A transactions, such as the impact of overleveraged companies
• Identify how antitrust regulations can block or affect mergers that reduce market competition
• Recognize the importance of involving both internal and external stakeholders in post-M&A communication strategies
• Understand the role of post-closing conditions in M&A documentation, particularly in finalizing regulatory approvals
• Identify how geopolitical risks impact cross-border M&A deal flow and decision-making
• Identify the role of private equity firms in providing support for leveraged buyouts and M&A transactions
• Understand the purpose of SWOT analysis in identifying risks and developing strategies for M&A success
• Recognize how ESG factors can increase compliance costs and influence M&A outcomes
• Identify how earnout structures tie compensation to post-transaction financial performance in M&A deals
• Understand how the integration of business plans is critical to the success of a post-M&A target operating model
• Identify the role of financial modeling in forecasting revenue, cash flow, and future value creation during M&A transactions
• Recognize the benefits of cross-border M&A, such as increasing global market access Identify how carve-outs in M&A transactions help companies focus on core competencies
• Understand the role of financial due diligence in assessing the quality of earnings during M&A transactions
• Identify how discounted cash flow (DCF) models are used to value businesses during mergers and acquisitions
• Understand the impact of foreign direct investment (FDI) regulations on cross-border M&A deals
