Skip to Content
Former Member
Jan 18, 2010 at 10:50 AM

Acuisition of a Company based on US GAAP by IFRS based parent .



A very abstract/high level question.

We are in process of acuiring a new company which is reporting based on US GAAP & our organization is based on IFRS

What will be the key integeration points to be thought of in this scenarios

Additionally we have fiscal year from Jan to Dec ,they have from july to June ?

Intercompany profit from Product transfers between the acuired company & acuiring company? what points to be considered

Historical Data Migration ?? how to achieve

Additionally they lag by 101-5 days in reporting compared to parent ??

Will appreciate views based on your experience,brainstorming etc