{"product_id":"accounting-for-ma-uses-and-abuses-of-accounting-in-monitoring-and-promoting-merger-9780367492373","title":"Accounting for M\u0026A: Uses and Abuses of Accounting in Monitoring and Promoting Merger","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eThe book explores the manipulation of annual accounts by acquirers ahead of share for share bids, biased forecasts of post-merger earnings by bidders, and devices to flatter earnings when recording the deal. It also examines the challenges for standard-setters in regulating information during and after M\u0026amp;A and for account-users wishing to learn from financial statements how a deal has affected performance. It is targeted at accounting specialists, business executives, lawyers, bankers, and investors involved in M\u0026amp;A, as well as graduate students interested in researching or learning about the role of accounting in M\u0026amp;A. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 306 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 13 December 2021\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Taylor \u0026amp; Francis Ltd\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe remarkable surge in mergers and acquisitions (M\u0026amp;A) spending has surpassed the capital expenditure dedicated to expanding and sustaining physical assets. However, a concerning report from McKinsey, the renowned management consultancy, indicates that approximately 70% of mergers fail. This raises questions about the basis of M\u0026amp;A decisions, as businesses are utilizing substantial shareholder funds for an activity with a high failure rate.\u003cbr\u003e\u003cbr\u003eThis book delves into statistical analyses, case studies, and expert opinions on corporate accounting before, during, and after M\u0026amp;A. It uncovers instances of acquirers manipulating annual accounts, biased predictions of post-merger earnings by bidders, and strategies to inflate earnings during the deal recording. It also explores the challenges faced by standard-setters in regulating information flows during and after M\u0026amp;A, as well as the importance of financial statements in providing insights into the impact of deals on performance.\u003cbr\u003e\u003cbr\u003eDrawing from a diverse range of international examples, this accessible book is designed for a broad audience, including accounting specialists, financial press readers, those intrigued by the M\u0026amp;A market, and individuals concerned with making more informed M\u0026amp;A decisions. It holds particular relevance for business executives, lawyers, bankers, and investors involved in M\u0026amp;A, as well as graduate students interested in researching or learning about the role of accounting in M\u0026amp;A.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 488g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 156 x 233 x 25 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780367492373\u003c\/p\u003e","brand":"Shulph Ink","offers":[{"title":"Paperback \/ softback","offer_id":44103809204474,"sku":"9780367492373","price":43.91,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1646159177104_book.jpg?v=1646914243","url":"https:\/\/shulphink.com\/products\/accounting-for-ma-uses-and-abuses-of-accounting-in-monitoring-and-promoting-merger-9780367492373","provider":"Shulph Ink","version":"1.0","type":"link"}