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merger and acquisition
Debit combined assetsCredit combined liabilities
The main reason an auditor cannot invest in companies they audit is of course that there is a conflict of interest. An simple example of this would be an auditor, auditing Apple Inc's accounts, the auditor would have prior knowledge on the companies profit, which would not be public knowledge until the results are made public. Based on Apple's performance an auditor who have information that could be advantage regarding as another example the possible up or down side of the companies stock price. There are numbers other examples such as an auditor conducting due diligence on a merger and acquisition. But the main reason is a conflict of interest
Ernst & Young was formed in a merger of Ernst & Whinney and Arthur Young and Company in 1989. For more info on Ernst & Young see the link below.
When two establishments join through a merger, duplication of departments is avoided, reducing operational costs. There are some disadvantages of mergers, like job losses and creation of monopolies.
Purchasing Merger Consolidation Merger
Unfortunately you have to record it as a loss to the parent company. Or it will at least show as a loss on the financial statements.
if you are involved in a merger
What is merger and aquisition?
The biggest merger of all time is the America Online and Time Warner merger. The merger is valued at $186.2 billion dollars.
joint venture
bank merger act
Three types of mergers are: * Horizontal Merger * Vertical Merger * Conglormarate Merger
The WHA-NHL Merger occured in 1979.
the estimated cost of merger is posibly to be half a mil.
The duration of The Ultimate Merger is 3600.0 seconds.
Merger is the when two or more forms or parties unite