I've been participating in a position of FP&A... and in this process a I have this question below... someone could please help me? Tks a lot!!
Our group often acquires other enterprise software companies. As a part of these acquisitions, we need to perform purchase accounting on the balance sheet - adjusting deferred revenues, intangibles, and equity based on fair value at the time of acquisition. Please explain:
Our group often acquires other enterprise software companies. As a part of these acquisitions, we need to perform purchase accounting on the balance sheet - adjusting deferred revenues, intangibles, and equity based on fair value at the time of acquisition. Please explain:
- The detailed steps you would take to complete this task
- Specifically detailed fair value adjustments required,
- Your approach for each adjustment, any mention any additional assumptions you may require.