This article was originally published by The New Jersey CPA Magazine

The activity for Mergers & Acquisitions has been climbing throughout 2024. Tax practitioners are increasingly encountering a growing trend of preparing audits of the associated purchase accounting, which is required under Accounting Standards Codification (ASC) 805, Business Combinations. A number of practitioners who deal with ASC 805 are highly knowledgeable when dealing with non-tax aspects, however, they may find themselves less comfortable with the tax focused components. A&M Tax experts Michael Noreman and Nick Stufano provide a framework to ensure the appropriate considerations are made. 

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