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Old 12-03-2006, 05:51 PM
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RichieW2001 RichieW2001 is offline
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Join Date: 27 Jan 2003
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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 thing with IFRS is most of them have an allowed alternative treatment which gives companies a get-out in almost all circumstances.
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