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| Author: | Peterson, J. |
| Title: | Ducking the cross fire: avoiding disputes in buy-sell agreements |
| Journal: | Journal of Accountancy
1991 : JAN, p.65-71 |
| Index terms: | AUDITING |
| Language: | eng |
| Abstract: | Audited financial statements that are used to determine the sale price of a business are the most problematic issues between sellers and buyers. References to a "binding" or "final" audit in legal documents foreshadows strong disputes concerning the sell-buy agreement. As a solution, before the final audited statements are submitted, drafts to both sides can be used to identify and address disagreements. |
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