Cross-Border Mergers & Acquisitions
Executive Program
Accounting, Tax, and Valuation Issues in Acquiring US Companies
The UC Berkeley Center for Executive Education offers the accumulated knowledge of one of the world’s premier business schools, distilled into a curriculum that’s tailored to top level business leaders and executives.
Drawing from the vast resources of the Haas School of Business and the dynamic business environments of the San Francisco Bay Area and Silicon Valley, the Center for Executive Education brings together professionals of diverse backgrounds, perspectives, and experiences in the pursuit of professional and organizational success. The Center for Executive Education offers programs to help these professionals develop the skills, knowledge, and mindset to embrace change and increase capacity for addressing the challenges their companies face in the increasingly global marketplace.
Mergers and acquisitions (M&A) activity has grown dramatically over the last decade and will likely continue to rise to unprecedented levels. Over the last few years, newly cash-rich Indian companies have slowly become emerging multinational conglomerates through US acquisition sprees. There were 93 acquisitions of US corporations by Indian companies in 2007, up from just six in 2003.
Several factors are pushing Indian companies to look beyond their national borders for potential targets. These include India’s strong economic growth, the loosening of restrictions on the flow of capital, the weakening dollar, and the desire of Indian companies to grow globally and in particular to gain a market foothold in the US.
Program Description
This course presents a comprehensive and thorough treatment of the regulatory, accounting, tax, and valuation issues relating to Indian companies acquiring US companies as well as US companies acquiring Indian companies. The accounting standards and tax rules in the US are significantly different from those in India which poses a significant challenge for an Indian acquirer in ascertaining the value of a target US company. In addition, an Indian acquirer has to understand the interaction between Indian M&A regulatory environment and US laws. This course takes a practical approach to these issues utilizing real-world mini-cases to illustrate key concepts and methodologies.
At the end of the program, participants will be awarded a certificate of completion by the UC Berkeley Center for Executive Education.
Key Benefits
Advantages of attending the program include:
- Detailed exposition of the tax, regulatory, accounting, and valuation issues by UC Berkeley faculty member and M&A expert Dr. Suneel Udpa
- Major learning objective: working on a deal during the four-day workshop.
- Q&A opportunity with a diversified panel of experts in the field.
- Pre- and post-M&A issue discussions with law firms, investment bankers, and CFOs.
- Short case studies from real world experience presented by the Big 4.
- A booklet containing “what experts say about the 'dos and don’ts of M&A' and key takeaways”. This is compiled by the Haas faculty and the Big 4.
- A prominent keynote speaker.
Program Topics
- Protecting the Acquirer - Legal Due Diligence
- Accounting Due Diligence
- Tax Due Diligence
- Valuation Issues
Who Should Attend
- Corporate Business Development Managers
- CEOs and Business Owners
- Corporate Attorneys
- Private Equity and Hedge Fund Managers
- Venture Capitalists
- Accountants
- Management Consultants
- Other Professionals interested in M&A
