Celebrating 25 Years of Excellence

GET IN TOUCH
CFGI Accounting Advisory & Valuation

Post-Close Services

End-to-end support for strategic and financial acquirers across the three critical workstreams that follow a transaction close: Closing Balance Sheet, Purchase Accounting, and Purchase Price Allocation.

Post-Close Solutions

Three integrated workstreams. One coordinated team.

A successful close is only the beginning. CFGI provides hands-on Accounting Advisory and Valuation support so nothing falls through the cracks during the post-close period.

Accounting Advisory

Closing Balance Sheet

GAAP-compliant preparation of the Closing Balance Sheet and final closing statement in accordance with the Purchase Agreement.

  • Preparation of the Closing Balance Sheet in accordance with GAAP
  • Net Working Capital reconciliation and final closing statement per the Purchase Agreement
  • Technical discussions and coordination with third-party accountants and advisors
Accounting Advisory

Purchase Accounting and Opening Balance Sheet

Full ASC 805 purchase accounting support, bridging the Closing Balance Sheet to the Opening Balance Sheet with complete audit firm coordination.

  • Review APA/SPA and disclosure schedules; prepare transaction summary memorandum under ASC 805
  • Complete purchase accounting walk-across file and prepare required journal entries
  • Document adherence to ASC 606 Revenue Recognition and ASC 842 Leases
  • Lead coordination with the independent audit firm on all opening balance sheet items
Valuation

Purchase Price Allocation

Independent fair value determination of acquired assets and assumed liabilities as of the closing date for financial statement reporting under FASB ASC 805.

  • Fair value of identified intangible assets, which often include trade names, proprietary technology/software, customer relationships, and non-compete agreements
  • Fair value components of purchase consideration including earnouts, rollover equity, and seller notes
  • Fair value inventory, equipment, owned real estate and assess real estate leases for above/below market terms
  • Narrative valuation report detailing procedures performed, key assumptions, methods, and exhibits
Scope Considerations

Key factors that shape the right approach.

Each engagement is structured around the specific facts of the transaction. The items below commonly require attention during the post-close process.

Private Company Election for Intangible Assets Under ASC 805, private companies may elect not to separately recognize customer relationships or non-compete intangibles. CFGI advises on whether this election is available and appropriate given the facts and audit team expectations.
Lease Agreements and Above or Below Market Analysis We review existing lease agreements to assess whether above or below market terms exist, warranting an adjustment to the right of use asset. Where materiality does not warrant the analysis, we document the rationale for the audit file.
R&D Credit and Section 280C Interaction For companies with existing R&D credit positions, we model the interaction between the deduction and the credit before finalizing purchase accounting treatment to ensure the combined federal and state tax benefit is optimized.
Coordination with Legal Counsel and Audit Teams CFGI operates as a unified team alongside your legal counsel, management, and audit firm. We manage open items, track deliverable timelines, and move quickly without sacrificing documentation standards.
Get in Touch

Ready to mobilize post-close.

Whether you need one workstream or all three, our team can engage immediately following close. Reach out to Sean or Mike to discuss your transaction.