Acquisition Integration Accounting Checklist cover over 110 integration tasks for synergy tracking, cash management, accounting policy variances, accounts receivable, and accounts payable.
|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|
|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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