Companies involved in either side of an acquisition need to pay close attention to the rules governing the accounting for such a transaction. Several months ago, the US-based Financial Accounting Standards Board (FASB) and UK-based International Accounting Standards Board (IASB) each issued new proclamations making meaningful changes to those rules.
This audio conference will review highlights of those changes. It will give any management team considering a purchase or a sale an updated awareness of particular aspects of a potential transaction that might need to be re-thought because of those changes. The changes take effect for transactions that close after July 1, 2008 (IASB) or December 31, 2008 (FASB). Thus, managers need to consider the changes now for any transaction that is not already well underway and scheduled to close before those dates.
This audio conference is presented by Michael A. Martorelli, CFA, Director, of Fairmount Partners. To learn more details, please visit our site www.fxconferences.com
