M&A Accounting Implications in the Current Economic Environment
Cole Schulte presented on M&A Accounting Implications in the Current Economic Environment at the CUNA Finance Council Conference on May 22, 2023.
The presentation focuses on the key accounting implications that a merger can have on credit union financial statements on day one and thereafter, such as the immediate effects on capital and whether the transaction will be accretive or dilutive to earnings. Results from recent valuations stemming from the higher interest rate environment as well as implications of CECL and the latest from FASB regarding purchased financial assets are also discussed.