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July 2019

Business sales – Net Working Capital and cash adjustments

Looking at selling your business? If you think that agreeing on the business’ value is the hard part, think again. Many owners overlook the question of the purchase price’s net working capital adjustments, let alone how much cash to leave in a business at the point of sale. These areas are not only complex but can often be a major source of tension towards completion of a business sale. So, while it’s best to ensure you have a skilled advisor on hand to help you navigate your way through, this article will help you understand some of the considerations involved before you head to market.

Proposed changes to tax effect accounting in relation to leases and decommissioning obligations

If you thought accounting for leases under the new AASB 16 was complicated have you even considered the tax effect accounting implications?