Acquisition Integration Accounting Checklist covers 88 integration tasks in areas such as treasury, synergy tracking, organization design, taxes, operational reporting, and financial close.
Excerpt:
Treasury |
Implement plan for inter-company sweep and settlement to acquiring company's lockboxes / GL |
Lockbox implementation / closures |
Move accounts to same cash management platform |
Close Acquired Company's bank accounts |
Adjust for Target once final structure determined |
Finalize Budget/Plan for each organization |
Pay down Acquired Company's Term Loan at closing |
Terminate Acquired Company's Revolver |
Review all Acquired Company's debt covenants; review for conforming to covenants |
Cancel select Acquired Company's insurance policies |
Make any changes to lockbox, bank signature pages; update wire security |
Agree on process for sweeping cash between Acquiring Company / Acquired Company ... |