Impact of the Transition to International Financial Reporting Standards on M&A

November 5, 2009

In the final M&A Briefing for the year, Foley attorneys Todd B. Pfister and Timothy H. Shea, with Brian Lightle of Deloitte & Touche LLP, discussed the potential adoption of IFRS by U.S. issuers and the impact of IFRS on M&A transactions. Specific topics included:

What is driving the push to convert from U.S. GAAP to IFRS?
What is the status of the SEC’s Roadmap to Conversion?
What are some major differences between GAAP and IFRS?
What implications do these differences have on cross-border transactions?
How will the conversion to IFRS affect the valuation and due diligence processes?
How should purchase agreement provisions be structured for the planned conversion to IFRS?
How will the conversion to IFRS affect deal structure?

For more information about Foley’s M&A Briefing Series, please contact Jennifer Bartz at [email protected].

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