In previous accounting/financial analysis courses, you obtained skills important to understanding how a firm tracks its day-to-day operations, and how its activities translate into periodic financial statements. Outside of 'normal' business activities, firms periodically undergo dramatic transformations via acquisitions, divestitures, restructurings, or bankruptcy. This course builds on knowledge acquired from other Booth courses and provides you with tools to better understand the financial reporting, tax, and legal implications of structuring complex deals.
This course is essential for investment bankers, consultants, restructuring and turnaround specialists, private equity professionals, corporate development/internal M&A professionals and entrepreneurs who want to have a competitive advantage by understanding how financial reporting, tax and legal considerations affect deal structures.
You will benefit greatly from this course if you wish to acquire tools to:
- understand the financial reporting, tax/legal implications of structuring complex deals.
- build merger and restructuring models to evaluate various deal structures;
- work for C-level roles (CEO, CFO, SVPs/GMs) and to serve on boards of major corporations as it provides an executive viewpoint on financial reporting and investor messaging implications for significant business investments.
Main topics to be covered include: (1) Financial Reporting and Tax implications of influence and control situations; (2) Financial reporting and Tax Implications of M&A deals; (3) Financial reporting and tax implications for restructuring via sales, spin-offs, and equity carve-outs; (4) Financial reporting implications and Tax implications for distressed firms operating in bankruptcy and emerging from bankruptcy (5) Building Merger Consequences and Restructuring models to evaluate the feasibility of deals.