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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