PLI One-Hour Briefing – New Revenue Recognition Rules: Implications for M&A Transactions

The rules of the road are changing and the time to understand them is now.  In 2014, the Financial Statements Accounting Board (FASB) and the International Accounting Standards Board (IASB) issued a converged new standard on revenue recognition for both US GAAP and International Financial Reporting Standards (IFRS). With the new standards scheduled to become effective in 2018, it will be important for buyers, sellers and their advisors to understand the effect that the new standards will have on M&A transactions.

Morgan Lewis partner, Andrew R. Mariniello, and Deloitte & Touche LLP faculty are teaming up to help M&A practitioners prepare for the changing landscape on revenue recognition and the impact such changes will have on M&A transactions going forward.

Topics will include:

• The basics of the new revenue recognition rules
• The impact on M&A transactions
  • Due diligence and understanding historical results
  • Purchase Price Adjustments
  • Earnouts
• Preparing your clients for the changes