The merger and acquisition
process can be one of the most difficult challenges facing oil and gas
companies accounting department. An over whelmed staff becomes even
more over whelmed with the additional work required to successful
complete a merger or acquisition. In these situations it is paramount
to not over look any detail during the transition phase. Accounting
departments typically do not have enough staff to thoroughly review all
the details of the merger or acquisition as they are trying to keep up
with their work prior to the merger or acquisition. If your company is
considering a merger with another company or are considering a property
acquisition Petroleum Accounting Consultants, PLLC can assist you in a
number of ways. Our merger and acquisition services include:
1. Due diligence
2. Accounting history conversion
3. Accounting for mergers and acquisitions per GAAP
4. Compiling with SEC regulations regarding mergers and acquisitions
In most cases our consultants can identify previously unidentified
purchase price adjustments that can reduce the purchase in excess of
our fees.
