CBAP
IMPORTANT CONSIDERATIONS IN BUYING AN ACCOUNTING PRACTICE
You are
considering acquiring another accounting firm. What type of practice is
for you? How does the process work? This course teaches you the important
keys to consider and puts you on the path to achieving your goal. Critical
points covered in this class include but are not limited to the following.
- Are you ready to
absorb another firm?
- What is the "right"
type of acquisition for you?
- How do you find
the seller?
- What is the seller's
mindset? Let us wear their shoes for a minute.
- How are deals structured
and valued?
- How do different
types of retention periods work and how does the balance due the seller
get adjusted post closing if there is a retention period?
- How is an internal
sale different than acquiring an external practice?
- How do you pay
the seller for their time post closing?
- What is the typical
timeline of a deal?
- Transitioning the
practice to your firm.
CPE
Credit: 2 hours, Business Management and Organization
Level
of Knowledge: Basic
Prerequisites:
None
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