The trainer is a UK qualified accountant with over 20 years experience of providing technical training on financial reporting regulations including IFRS, USGAAP and U.K. GAAP. His training sessions are designed to be practical, commercially relevant and interesting. The trainer has experience in training all over the world and has provided training for accountants, lawyers and those from a banking and corporate finance banking.
Case study – assessment of typical accounting and financial policies and consideration of what could be used to your advantage and disadvantage. The case study will consider contentious issues such as contingencies and provisions, financial instruments and impairments.
Case study – examination of a typical balance sheet and consideration of what should be included as debt and what should not. This exercise will introduce issues such as invoice financing arrangements, non-controlling interests, preferred stock and compound financial arrangements (convertibles)
Case study – calculating working capital requirements and identifying the fundamental uncertainties – how could these be used for or against you?
Case study – comparing a transaction applying a locked box provision to a traditional arrangement with a balance due based on values in completion accounts.
Case study – consideration of a typical earn out agreement identifying the issues which could arise and how they should be dealt with. This example will look at revenue targets, profits and earnings measures and impact on overall value (or share price).
This course is designed to help lawyers understand and deal effectively with the financial issues arising from sale and purchase agreements. It will help them prepare for discussions and negotiations around working capital and completion accounts. Cash free debt free transactions, earn out agreements and the option to apply locked box provisions.
The course will also consider some of the key current issues such as the impact of the transition to new UKGAAP from 2014, the new IFRS on revenue recognition and leasing and the full impact of fair value accounting on sale and purchase negotiations. The course will help participants to add value to the transaction.
The course is designed to be highly practical and will include case studies that will reflect the actual sale and purchase process including the most common contentious areas.
What Redcliffe’s clients are saying about the course
“A very engaging and clear trainer who could communicate clearly and concisely”
“Very Good overview of locked box/completion accounts”
“Practical examples and a lot of relevant ground covered”
“Delivery was excellent, engaging and enjoyable”
“It highlighted a number of areas for me to be alert in my practice e.g. consolidation requirements and also clarified processes and calculations helpful to my role in supporting transactions”
“Good insight which was relevant to some acquisitions I will see / have seen”