Course Detail(A176ET : Putting theory to practice: Mergers and acquisitions)

A176ET : Putting theory to practice: Mergers and acquisitions

7.00 CPE Hours (Category 1)
Classroom
In Collaboration with:  


Programme Objective
Business combinations – mergers and acquisition, internal restructuring or divestitures; are complex but essential to any organisation. It is important for management to understand the potential accounting impact. 

The choice of accounting for your M&A or restructuring transactions can have a significant adverse impact on the recognition of certain expenses, potential future impairment, or incidental fair value uplifts. We have designed the course to help you understand some of the key practical issues relating to your transactions to enable you to make the right accounting decisions. This will reduce potential volatility to your income statements, improve your ratios and better manage your debt covenants. 

This full-day course aims to equip participants with a comprehensive understanding of FRS 103R Business combination. Learning is achieved via theory, examples and real-life case studies. Additionally, participants will gain insight into real world examples from experienced professionals who are practicing in PwC.

Through the workshop, participants will:

  • Learn the theory and practical application of the acquisition method of accounting for business combinations
  • Understand the common challenges and pitfalls encountered during a business combination
  • Understand what forms part of purchase consideration and the accounting implication

Programme Outline

  • What is the actual consideration when buying a business?
  • Contingent consideration – is it required to be remeasured?
  • Employee compensation vs. cost of consideration
  • Should goodwill be calculated for non-controlling interest as well?
  • Case study: Understanding a target’s financial statements – what ‘hidden’ items are you purchasing?
  • Internal restructuring and common control combinations: should it be fair value or book value?
  • Should profits be recognised upon internal restructuring and its tax implications?
  • Financial instruments during restructuring: impact to balance sheet and key ratios
  • Common structures utilised in the market
  • Key trends and observations

Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

CFOs, Finance, M&A analysis, Controllers, Supervisors, Accountants, Analysts

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

27 Mar 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Senthilnathan Sampath
Justo Jesus Namuco
Yvonne Kwek Shu Jun

Date & Time

21 Sep 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Senthilnathan Sampath
Justo Jesus Namuco
Yvonne Kwek Shu Jun

Date & Time

15 Mar 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Senthilnathan Sampath
Justo Jesus Namuco
Yvonne Kwek Shu Jun

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Senthilnathan Sampath
Managing Director
 
Senthil is a Managing Director from the Accounting Advisory Services in PwC Singapore with 16 years working experience. He has extensive practical experience across complex IFRS financial reporting. He specializes in GAAP conversions and technical accounting advice and has worked on accounting conversions with various corporate and financial institutions in Asia, Middle East and United Kingdom.
 
He serves as the key technical director for a number of assurance engagements in the financial services sectors: banks, insurance companies and fund managers. He also performs various training on current accounting topics, and has experience designing and managing highly participative programs on IFRS training.
 

Justo Jesus Namuco
Manager, PwC Singapore


Justo Jesus Namuco (JJ) is a Manager from the Accounting Advisory in PwC Singapore with more than 7 years of working experience. He has extensive practical experience across complex IFRS financial reporting, with a focus on revenue recognition, consolidations, joint arrangements, business combinations and leasing based on the latest developments in financial reporting standards. He has helped in advising clients on accounting for complex transactions, reviews of financial statements and assessment of impact of new accounting standards.

His role in the accounting advisory focuses on driving the training initiatives of the group which includes providing customised training solutions to individual professionals and corporate clients from various industries. JJ is also currently one of the speakers in PwC Academy’s accounting and reporting public seminars and tailored IFRS training to clients.

 

Yvonne Kwek Shu Jun
Manager, PwC Singapore


Yvonne Kwek is a manager in our Assurance practice and has 7 years of audit experience. As an IFRS/FRS reporting specialist, she provides accounting consulting services to members of the Firm and conducts various internal/external trainings. Aside from her current technical role in PwC, she was involved in auditing clients from industries such as real estate and transport and logistics.  
 


Programme Objective
Business combinations – mergers and acquisition, internal restructuring or divestitures; are complex but essential to any organisation. It is important for management to understand the potential accounting impact. 

The choice of accounting for your M&A or restructuring transactions can have a significant adverse impact on the recognition of certain expenses, potential future impairment, or incidental fair value uplifts. We have designed the course to help you understand some of the key practical issues relating to your transactions to enable you to make the right accounting decisions. This will reduce potential volatility to your income statements, improve your ratios and better manage your debt covenants. 

This full-day course aims to equip participants with a comprehensive understanding of FRS 103R Business combination. Learning is achieved via theory, examples and real-life case studies. Additionally, participants will gain insight into real world examples from experienced professionals who are practicing in PwC.

Through the workshop, participants will:

  • Learn the theory and practical application of the acquisition method of accounting for business combinations
  • Understand the common challenges and pitfalls encountered during a business combination
  • Understand what forms part of purchase consideration and the accounting implication

Programme Outline

  • What is the actual consideration when buying a business?
  • Contingent consideration – is it required to be remeasured?
  • Employee compensation vs. cost of consideration
  • Should goodwill be calculated for non-controlling interest as well?
  • Case study: Understanding a target’s financial statements – what ‘hidden’ items are you purchasing?
  • Internal restructuring and common control combinations: should it be fair value or book value?
  • Should profits be recognised upon internal restructuring and its tax implications?
  • Financial instruments during restructuring: impact to balance sheet and key ratios
  • Common structures utilised in the market
  • Key trends and observations

Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

CFOs, Finance, M&A analysis, Controllers, Supervisors, Accountants, Analysts

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Senthilnathan Sampath
Managing Director
 
Senthil is a Managing Director from the Accounting Advisory Services in PwC Singapore with 16 years working experience. He has extensive practical experience across complex IFRS financial reporting. He specializes in GAAP conversions and technical accounting advice and has worked on accounting conversions with various corporate and financial institutions in Asia, Middle East and United Kingdom.
 
He serves as the key technical director for a number of assurance engagements in the financial services sectors: banks, insurance companies and fund managers. He also performs various training on current accounting topics, and has experience designing and managing highly participative programs on IFRS training.
 
Justo Jesus Namuco
Manager, PwC Singapore


Justo Jesus Namuco (JJ) is a Manager from the Accounting Advisory in PwC Singapore with more than 7 years of working experience. He has extensive practical experience across complex IFRS financial reporting, with a focus on revenue recognition, consolidations, joint arrangements, business combinations and leasing based on the latest developments in financial reporting standards. He has helped in advising clients on accounting for complex transactions, reviews of financial statements and assessment of impact of new accounting standards.

His role in the accounting advisory focuses on driving the training initiatives of the group which includes providing customised training solutions to individual professionals and corporate clients from various industries. JJ is also currently one of the speakers in PwC Academy’s accounting and reporting public seminars and tailored IFRS training to clients.

 
Yvonne Kwek Shu Jun
Manager, PwC Singapore


Yvonne Kwek is a manager in our Assurance practice and has 7 years of audit experience. As an IFRS/FRS reporting specialist, she provides accounting consulting services to members of the Firm and conducts various internal/external trainings. Aside from her current technical role in PwC, she was involved in auditing clients from industries such as real estate and transport and logistics.  
 

Upcoming Schedule

Registration is closed

Date & Time

27 Mar 2018 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 550.00
For Non-Members: $ 630.00

Programme Facilitator(s)

Senthilnathan Sampath
Justo Jesus Namuco
Yvonne Kwek Shu Jun

Venue

Marina One, East Tower 7 Straits View
Level 11, L&D Training Room
Marina One, East Tower
Singapore 018936