The number of partners reaching retirement age in the next five years will put a tremendous strain on even the best succession plans. Attend this conference and gain insight into how to maximize the success and manage the risks involved in a firm merger or acquisition.
HIGHLIGHTS
Agenda
May 21, 2015
7:45-8:15am
Registration and Continental Breakfast
8:15-8:30am
Welcome & Opening Remarks
Joseph A. Tarasco, CPA - Accountants Advisory Group LLC
8:30-10:10am
CPA Firm Consolidation: Now and in the Future
Joseph A. Tarasco, CPA - Accountants Advisory Group LLC
During this session, explore the mergers and acquisitions (M&A) marketplace and gain insight into the latest transactions, trends and predictions. Learn how M&A is impacting CPA firm strategy, both in the tri-state area and nationally. Discover how M&A is transforming the CPA firm marketplace and increasing the competition for quality clients and staff.
10:10-10:20am
Morning Break
10:20am-12:00pm
Navigating Success and Avoiding Pitfalls
Kevin J. Keane, CPA and Christopher D. Peterman, CPA - O'Connor Davies
Often, key stakeholders focus on the financial aspects of merging a firm. Less attention has been given to the human element of a merger. Yet, a large percentage of failed acquisitions are the result of the mismanagement of cultural issues. Listen as your peers shares their lessons learned from the trenches.
12:00-1:00pm
Lunch
1:00-2:15pm
Managing Risk
John F. Raspante, CPA, M.S.T., CDFA - North American Professional Liability Insurance Agency, LLC
For firms considering mergers or acquisitions, due diligence is an essential aspect of the evaluation process. This session is designed to illustrate the types of liability exposures inherent in M&A transactions of accounting practices. A review of financial statement restatement rules, conflicts of interest, and tail insurance issues will be explored. In addition, practical tips for successful M&A risk management will be discussed.
2:15-3:30pm
Due Dilligence and Post-Merger Transition Planning
William R. Hagaman, CPA - WithumSmith+Brown
The hardest work in a merger or acquisition often occurs after the deal points have been agreed upon. Due diligence and transition planning will make the difference in whether a transaction is successful or doomed to failure. Integrating the dynamics among different people, cultures and firms creates stress and conflict. If these issues are not properly dealt with, turnover of key people, poor job performance and low morale may occur. During this session, learn how management can successfully lead their company through the due diligence and transition phase.
3:30-3:45pm
Refreshment and Networking Break
3:45-4:35pm
Roundtable Discussion
Facilitated by Joseph A. Tarasco, CPA
If you are considering a merger in the next five years, then you will be interested in hearing from our panelists. The panel of partners who have combined their firms will speak about their experiences and advice and answer your questions.
COURSE LEVEL
Basic