This book presents an analytical method that helps users form an opinion about important consequences of a business combination. The effects on profitability and financial position calculated on the basis of conslidated financial statements are in focus, as are other corporate activities such as strategic alliances, acquisition of minority holdings and the disposal of companies. Simplified numerical exampleas are used and important issues are illustrated.
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Walter Schuster is professor of accounting and managerial finance at the Stockholm School of Economics (SSE). He has been a teacher on the topic of mergers and acquisitions for many years, both in the bachelor and master programs at SSE and in executive education programs. In parallel to this he has worked with standard-setting as a member of the Swedish national standard-setter and in international groupings, such as the Joint International Group on Performance Reporting of the International Accounting Standards Board and the Financial Accounting Standards Board.
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