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Acquisition Integration Accounting Checklist cover over 110 integration tasks for synergy tracking, cash management, accounting policy variances, accounts receivable, and accounts payable.
| Synergy Tracking |
| Determine synergy tracking approach. Decide on system and method. |
| Identify team members and responsibilities. |
| Create detailed implementation plans |
| Create synergy tracking model templates |
| Develop ongoing status reporting format and timing |
| Monitor and report synergy results |
| Establish budget linkage process |
| Adjust budget by synergy values |
| Additional Set of Books |
| Obtain a copy Firm B's chart of accounts (COA) |
| - Modify Firm A COA to incorporate Firm B COA values |
| Set up mirror entities in OFA |
| Create ledgers for each of the Firm B's subsidiaries. This will be done at a corporate SOB level (held locally and submitted to consolidate). We'll need to map the Firm B's ledger to the Firm A's SCOA. - Determine if these should be set up via local sets of books or company codes on the corp. ledger |
| Create roll-ups for the new company codes to have separate roll-ups for Firm B's entities, Firm A's historical and total company |
| Cash Management |
| Examine whether cash on hand has historically met seasonal needs of the Target |
| Cash requirements - any potential excess cash above regulatory requirements and/or marketing/operating considerations |
| Identify number and type of new accounts that need to be opened at Firm A's banks |
| - Assess the number of new accounts that need to be opened |
| - Determine type of accounts to open |
| - Determine which accounts Firm B can write checks on ... |
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