View Single Post
 
Old 12-02-2006, 03:30 PM
Mike's Avatar
Mike Mike is offline
Senior Member
Jovi Geek
 
Join Date: 29 Jul 2002
Location: London, England
Age: 41
Gender: male
Posts: 6,482
Default

Quote:
Originally Posted by TheseDays2005 View Post
all you guys are talking as a acquisition happens just as the books tell you

I've been with about 12 acquisition, the last 3 I was head-responsible, let me tell you one thing, the book is just a guide-line

Even in random accounting (IFRS). Not one company is working exactly according to those rules, of course they report according to it, but if a regular company uses the protocols they need twice as much people for the financial-department...

And IF your working exactly by the book, then your experience is definitaly too less OR you are working with a very boring accounting firm and not with an operational company...
The idea is that you have a guide line to start negotiating.... Or do you just go in & make up a price?
__________________
http://mike_bonjovitour.tripod.com/

New Jersey is not just a state
- Its a religion!!
Reply With Quote